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TheCountOfNowhere

Cambridge drops 5%

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6 minutes ago, Shea VanHaven said:

Nice.   So for someone accommodating a wealth accumulation strategy based on +10% y.o.y.  that's a hard hit.

The collapse hasnt even started yet...

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9 minutes ago, Parkwell said:

Well, that's cheered me up. :)

 

Cambridge fell hard in 2007/2008, the rises are pretty mental when you think of that.

Maybe the chinese only know of 3 places in the UK, London Cambridge Oxford.

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          Peak                         Oct 16

CB1   £450k Apr 16           £439k=-2.5%

CB2    £649k July 16          £617k=-4.9%

CB4 £422k May 16             £397k =-5.9%

CB5 £433k Jun15                £376k =-13.1%

CB1 PC.png

CB2 PC.png

CB3 PC.png

CB4 PC.png

Cb5 PC.png

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24 minutes ago, mathschoc said:

Lovely. Now it needs to spread like a disease around the country.

?

Cure.

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1 minute ago, Kiwi_Muncher said:

Hows st Ives (PE27) looking? Seems to be popular with people who can't afford CB itself.

It's peaking around £254k in Oct 16

 

Sorry,it won't let me upload.

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20 minutes ago, crooksook said:

Whilst we're talking about Oxford, any chance of posting the lovely charts for OX1, OX2, OX13?

Sorry, never heard of it.

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8 minutes ago, Sancho Panza said:

It's peaking around £254k in Oct 16

 

Sorry,it won't let me upload.

Cheers. That's exactly when our friends chose to upsize in PE27!

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1 hour ago, TheCountOfNowhere said:

Cambridge fell hard in 2007/2008, the rises are pretty mental when you think of that.

Maybe the chinese only know of 3 places in the UK, London Cambridge Oxford.

https://www.theguardian.com/cities/2016/mar/22/china-cambridge-university-poet-xu-zhimo-farewell-property

And while Zhimo spent most of his life in China, Farewell to Cambridge has become his legacy. It is now part of China’s national curriculum, taught to all schoolchildren as an example of the modern poetry movement in the early 20th century.

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A shame some fruitbats have escaped the Cambridge slum asylum up the A14 and created another outbreak of insanity  in Rutland.

 

https://www.google.co.uk/maps/dir/Rutland/Cambridge/@52.4318377,-0.8507388,9z/data=!3m1!4b1!4m14!4m13!1m5!1m1!1s0x48777880b8438a97:0xfd337cf921bbf1cb!2m2!1d-0.639643!2d52.6583014!1m5!1m1!1s0x47d85d89f32a012d:0x63a320e1a35e3d21!2m2!1d0.121817!2d52.205337!3e0

Edited by crashmonitor

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8 hours ago, TheCountOfNowhere said:

Cambridge fell hard in 2007/2008, the rises are pretty mental when you think of that.

Maybe the chinese only know of 3 places in the UK, London Cambridge Oxford.

so is cambridge the poster child for HPC? is this the canary in the coal mine?

 

will be interesting to see what london does, I can see a little merit in some areas being "stable" due to crossrail coming on line in the next year or two, but the varsity line isn't due to kick off until about 2020(even though it's desperately needed the planners have made a balls-up- they have bletchley as the crossing point rather than Milton keynes..it would have made more logistic sense to connect the main "hub" stations that cater for both metropolitan AND long distance rail)

 

should have been  oxford-mk-bedford-cambridge..a couple of flyovers to connect to thameslink mainline, and get rid of the spaghetti outside bedford station,putting trainwash/maintainance at the old stewartby brickworks(still derelict)

likewise a missed opportunity with luton airport..could easily put in luton-stevenage-bishops stortford-stansted airport and shave an hour+ off a cross country trip...no problem with footfall as the two airports alone have nearly 30m travellers.

the bus from one airport to the other takes nearly 2 hours(on a 2 hourly basis,usually late being stuck on the M1),and it's only about 30 miles as the crow flies...even on a fairly standard train with a few stops in between i make that about a 30 min journey...with a purpose bUilt stop at luton airport thrown in(they are currently renovating said airport so now would be the ideal time to do it, but noooo, they've gone for a high-tech guided rail/bus thing from parkway apparently which is costing £200m)

Edited by oracle

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2 minutes ago, oracle said:

so is cambridge the poster child for HPC? is this the canary in the coal mine?

Probably not.  Cambridge is a bubble on top of a boom. The bubble will burst, the tide of hot far eastern and european money will go out (eventually), but AstraZeneca and Microsoft Reseach aren't going anywhere and the next ARM Ltd or Cambridge Silicon Radio will be along in due course.

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