New homes in Cambridge cover all aspects of the commuter market
Posted 16 November 2015 by Keith Osborne
Cambridge now has one of the busiest housing markets outside London and even with hundreds of new homes currently for sale, that popularity seems unlikely to diminish.
The city has spearheaded the rise of prices in East Anglia, with the latest LSL New Build Index figures show the East of England prices for new homes rising by 8.5% in the year to the end of September, second only to London on a regional level.
With history, thriving academic and commercial markets, good schools, a world-class university, beautiful countryside surrounding it and excellent transport links to London and elsewhere, it’s easy to see why Cambridge has attracted commuters as well as international investors (though local agent Bidwells has found that out of 350 purchases in the area, only 7% were by foreign buyers and 60% from Cambridge locals).
With opportunities to regenerate its centre limited by its proliferation of heritage buildings, Cambridge is expanding outwards towards surrounding villages and previously undeveloped land. It’s not a cheap place to live, but certainly cheaper than London while retaining many of the lifestyle advantages of living in a city.
Cambridge City and South Cambridgeshire Council recently published their revised plans, increasing the number of new homes to be built in the region by 500 to 33,500 by 2031. Expansion is in three directions – its Southern Fringe (the village of Trumpington and close to Addenbrookes Hospital, with 4,400 homes proposed), Northern Fringe (Oaklands Park, with 5,950 new homes to be built) and Cambridge East (where 1,700 homes will come to the area around the city’s airport).
Cambridge is a major rail hub, not only providing a choice of routes into London but also connecting to the Midlands, Peterborough, King’s Lynn, Norwich and Stansted Airport. Its fastest connections to the capital are the non-stop services into King’s Cross (52 minutes), with slower services taking up to 80 minutes into that station and between 68 and 90 minutes into Liverpool Street. A season ticket to cover both options costs £446 per month or £4,648 per year.
There are good links for drivers too, with the A10, A11, A14 and M11 accessing north-south and east-west routes.
New homes for sale in Cambridge now or coming soon:
|Trumpington Meadows (Barratt Homes) – This award-winning development, set within a 148-acre country park just south of the city, offer a mix of three-, four- and five-bedroom houses and two-bedroom apartments. The homes here are the first to be awarded the ‘Built for Life’ mark for good design of homes and neighbourhoods. Prices start at £429,995. Find out more on WhatHouse? ; 01702 416707|
|Grand Central (Weston Homes) – With 75% of the development already sold, there is still an opportunity to buy at this scheme, close to Cambridge station. The development comprises 143 one- and two-bedroom apartments and duplexes, and two- and three-bedroom houses, priced from £340,000. Find out more on WhatHouse? ; 01279 873300|
|Ninewells (Hill) – Providing a total of 270 new homes (162 available for private sale), these properties will appeal most for their natural landscaping, incorporating natural ponds and allotments, and their rural setting, with views across open fields and the Gog Magog Hills beyond. Houses currently from £1.05m, with apartments launching late 2015/early 2016. Find out more on WhatHouse? ; 01223 792000|
|King’s Place (Abbey New Homes) – This collection of three-bedroom homes, with a mix of two- and three-storey house types – is part of the Orchard Park development to the north of Cambridge. Prices start at £419,995 for these homes, which are ideally located for the Science Park and Business Park. Find out more at www.abbeynewhomes.co.uk ; 01223 828670|
Aura (Countryside) – Just a handful of two-bedroom apartment here, priced from £499,995, the perfect choice for downsizers. “Aura is attracting a good number of retirees,” says Andrew Loveday, sales director at Countryside. Contemporary design high specification and great location are the major factors in its popularity. Find out more at www.auracambridge.co.uk ; 01223 656167.
Take a look at even more new homes in Cambridgeshire.
Rail fares correct, per www.nationalrail.co.uk (16 November 2015)