RentaBear Posted March 21, 2016 Share Posted March 21, 2016 Meh - go to school, work hard, get a job and you too can afford a home like this: http://www.rightmove.co.uk/new-homes-for-sale/property-57994544.html?premiumA=true With enough change from £2M to put that 4x4 from the photos on the driveway. Or, not a million miles away, if you want a bit more room and a bit less traffic for your £2M, http://www.rightmove.co.uk/property-for-sale/property-52992899.html?premiumA=true Quote Link to comment Share on other sites More sharing options...
Steppenpig Posted March 22, 2016 Share Posted March 22, 2016 The Chinese are coming! http://www.theguardian.com/cities/2016/mar/22/china-cambridge-university-poet-xu-zhimo-farewell-property Quote Link to comment Share on other sites More sharing options...
tyres Posted March 22, 2016 Share Posted March 22, 2016 The Chinese are coming! http://www.theguardian.com/cities/2016/mar/22/china-cambridge-university-poet-xu-zhimo-farewell-property wow, from that link: Cambridge house prices rise nearly 50% since 2010 House prices in Cambridge have risen at a faster rate than those in any other town and city in England and Wales since 2010, according to official data that lays bare the growing north-south divide in property values. The median price paid by buyers in the university city increased by 47% between the year ending in the second quarter of 2010 and the same period five years later, figures from the Office for National Statistics (ONS) show. Over the same timescale prices in London rose by 38%, and by 37% in Crawley in West Sussex. Cambridge’s reputation as a tech hub has driven up the cost of property so that the median £360,000 price paid for a home is higher than anywhere except London and St Albans. Quote Link to comment Share on other sites More sharing options...
jamie77 Posted April 14, 2016 Share Posted April 14, 2016 I'm seeing quite a few reduction recently, so I've been looking at the properties lingering on the market the longest. Mostly HMOs no doubt being sold due to the tax changes, obviously a very limited market for them, and they're priced based on rental yield not on the basis of being converted back into family homes. http://www.rightmove.co.uk/property-for-sale/property-55821488.html http://www.rightmove.co.uk/property-for-sale/property-37315038.html Quote Link to comment Share on other sites More sharing options...
Guest TheBlueCat Posted April 14, 2016 Share Posted April 14, 2016 I'm seeing quite a few reduction recently, so I've been looking at the properties lingering on the market the longest. Mostly HMOs no doubt being sold due to the tax changes, obviously a very limited market for them, and they're priced based on rental yield not on the basis of being converted back into family homes. http://www.rightmove.co.uk/property-for-sale/property-55821488.html http://www.rightmove.co.uk/property-for-sale/property-37315038.html Dear God, 800K on Elizabeth Way! Quote Link to comment Share on other sites More sharing options...
Timak Posted April 16, 2016 Share Posted April 16, 2016 http://www.rightmove.co.uk/property-for-sale/property-53768116.html £6k a sq metre in Cherry Hinton Quote Link to comment Share on other sites More sharing options...
tyres Posted April 18, 2016 Share Posted April 18, 2016 http://www.rightmove.co.uk/property-for-sale/property-53768116.html £6k a sq metre in Cherry Hinton nuts! It used to be around 2.5k per M2 back in 2012... City Region Price per M2 (£) 2012 10 Year change - % Average Size M2 Cambridge East Anglia 2,634 58% 96 Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted April 21, 2016 Share Posted April 21, 2016 Dear God, 800K on Elizabeth Way! I guess if you like the smell of diesel fumes, its a bargain. Quote Link to comment Share on other sites More sharing options...
jamie77 Posted May 11, 2016 Share Posted May 11, 2016 Dear God, 800K on Elizabeth Way! Why buy that when you can get this decrepit guest house a few doors down for £1.3 million: http://www.rightmove.co.uk/property-for-sale/property-53987416.html Quote Link to comment Share on other sites More sharing options...
Timak Posted May 11, 2016 Share Posted May 11, 2016 £500k for a 3 bed semi on Coldhams Lane http://www.rightmove.co.uk/property-for-sale/property-41809311.html Who would buy this? I just don't get it? Quote Link to comment Share on other sites More sharing options...
tyres Posted May 12, 2016 Share Posted May 12, 2016 £500k for a 3 bed semi on Coldhams Lane http://www.rightmove.co.uk/property-for-sale/property-41809311.html Who would buy this? I just don't get it? 600 Coldhams Lane, Cambridge, CB1 3JR previously sold for 250K on 17/06/2010 ... so 40K a year increase Quote Link to comment Share on other sites More sharing options...
jamie77 Posted May 14, 2016 Share Posted May 14, 2016 This really takes the biscuit An ugly 1960s crosswall house in Chesterton: http://www.rightmove.co.uk/property-for-sale/property-54190651.html Oh it's on the De Freville Estate and has a new kitchen and bathrrom, must be worth a million then. Quote Link to comment Share on other sites More sharing options...
Timak Posted May 16, 2016 Share Posted May 16, 2016 http://www.rightmove.co.uk/property-for-sale/property-59443394.html This house is always up for sale. It went up for auction for £180k about 3 years ago but was sold for £250k before the auction. It was then up for sale but failed to sell but now has been done up and is on the market for £425k. However it is right on the railway line, literally on the railway line. Yes it isn't a busy line but the whole house would shake every time a train comes past. Also the estate agents description is plain wrong. It isn't in the catchment area for The Spinney school and Little Cherries in a playgroup not a school so has no catchment areas. Quote Link to comment Share on other sites More sharing options...
tyres Posted May 24, 2016 Share Posted May 24, 2016 (edited) City house prices are rising all the time, but one part of Cambridge has seen prices soar at a particularly incredible rate, with houses now being worth nearly double what they were only three years ago. ...Two bed properties in the area, the spokesman said, were routinely going for more than £400,000. Recently, a house in Long Reach Road that had, in 2013, been valued at £275,000, sold for £460,000. Read more... Edited May 24, 2016 by tyres Quote Link to comment Share on other sites More sharing options...
b_real Posted May 24, 2016 Share Posted May 24, 2016 Looks like some pretty selective reporting in that article. I wonder where they got their example of a 2 bed going for £460k. A quick search on RM reveals some less fear inducing prices... 3 Bed 82sqm £375k 3 Bed 104sqm £410k 3 Bed 85sqm £365k Bottom one backs onto the river and at 'only' £4300psqm looks an absolute bargain! Quick, while stocks last... Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted June 1, 2016 Share Posted June 1, 2016 Local rag (funded by EAs in no small part) upset Cambridge property market is marginally less fecked up than Londons, demands action is taken so Cambridge can be crowned the UKs most unaffordable property market. http://www.cambridge-news.co.uk/Just-12-people-use-Help-Buy-scheme-buy-home/story-29345210-detail/story.html Seriously, taking cues from H2B London...because affordability in London has really improved since h2b was inflicted on us... The Cambridge Evening News has always been toilet paper...only people I knew bought it for the job ads before the internet, but over the last year or so they seem to be little more than a mouthpiece for cambridge 'businesses' on the government teat. Quote Link to comment Share on other sites More sharing options...
garybug Posted June 25, 2016 Share Posted June 25, 2016 Mrs works for the Uni. Apparently some departments are 60% funded by the EU, with one couple she knows pulling out of buying their first place until post Brexit dust settles and they know they still have posts to go to Quote Link to comment Share on other sites More sharing options...
spunko2010 Posted June 26, 2016 Share Posted June 26, 2016 Hadn't considered that. I thought it was just the naive students voting to Remain in that constituency. Quote Link to comment Share on other sites More sharing options...
Timak Posted July 22, 2016 Share Posted July 22, 2016 http://www.rightmove.co.uk/property-for-sale/property-59443394.html This house is always up for sale. It went up for auction for £180k about 3 years ago but was sold for £250k before the auction. It was then up for sale but failed to sell but now has been done up and is on the market for £425k. However it is right on the railway line, literally on the railway line. Yes it isn't a busy line but the whole house would shake every time a train comes past. Also the estate agents description is plain wrong. It isn't in the catchment area for The Spinney school and Little Cherries in a playgroup not a school so has no catchment areas. Sold for "offers over" £415k. Quote Link to comment Share on other sites More sharing options...
neuvilla Posted July 28, 2016 Share Posted July 28, 2016 £1.7m for this flat. Mind boggling. Who needs a garden or even a decent sized balcony when you've got views like that. More generally, I've been hoping to see some price reductions in Cambridge city, but don't think this has materialised yet from what I've seen coming up. Quote Link to comment Share on other sites More sharing options...
neuvilla Posted July 28, 2016 Share Posted July 28, 2016 £1.7m for this flat. Mind boggling. Who needs a garden or even a decent sized balcony when you've got views like that. More generally, I've been hoping to see some price reductions in Cambridge city, but don't think this has materialised yet from what I've seen coming up. http://www.rightmove.co.uk/property-for-sale/property-55383025.html Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted July 28, 2016 Share Posted July 28, 2016 http://www.rightmove.co.uk/property-for-sale/property-55383025.html It says number 20 in the blurb. Last sold for £925k in 2010 so up 84%!! http://www.rightmove.co.uk/house-prices/CB2-8BZ.html/svr/3109;jsessionid=7852AC73BCDC7A282F349C88222620D4?backListLink=%2Fproperty-for-sale%2Ffind.html%3FlocationIdentifier%3DPOSTCODE%255E4175336%26minPrice%3D1500000%26maxPrice%3D2000000%26minBedrooms%3D4%26radius%3D0.5 Quote Link to comment Share on other sites More sharing options...
neuvilla Posted July 29, 2016 Share Posted July 29, 2016 It says number 20 in the blurb. Last sold for £925k in 2010 so up 84%!! http://www.rightmove.co.uk/house-prices/CB2-8BZ.html/svr/3109;jsessionid=7852AC73BCDC7A282F349C88222620D4?backListLink=%2Fproperty-for-sale%2Ffind.html%3FlocationIdentifier%3DPOSTCODE%255E4175336%26minPrice%3D1500000%26maxPrice%3D2000000%26minBedrooms%3D4%26radius%3D0.5 Wow. Can't see it selling at its current price. Its overpriced even for Cambridge. On other news, I know two people who are currently completing on sales here. Neither on high salaries and both, as I understand it, with help for the deposit. Don't seem put off at all by how high the prices are. One is paying 500K for a 1.5 bed cottage/terraced house. Quote Link to comment Share on other sites More sharing options...
RentaBear Posted July 29, 2016 Share Posted July 29, 2016 Meh - if the house you want at the price you can afford isn't available, just build your own! All you need is a plot of land : http://www.rightmove.co.uk/commercial-property-for-sale/property-41222700.html 0.22 acres, £2,7000,000 I make that 890m^2 so £12,250 / m^2 for just the land. Say you build 4 stories of flats that entirely fill that plot - that's still £3,000/m^2 before you've paid for any building materials or labour - I guess we'll see some more £6k/m^2 shoe boxes appearing there soon. Quote Link to comment Share on other sites More sharing options...
b_real Posted August 9, 2016 Share Posted August 9, 2016 Feels like I'm coming across more & more price reductions lately. For example: Great Shelford 350000 to 290000 Rustat Rd 365000 to 340000 Balsham 315000 to 300000 Linton 420000 to 410000 Saffron Walden 295000 to 265000 Chesterton 375000 to 365000 Sawston 360000 to 340000 Fen Ditton 350000 to 335000 Anyone else feel the same? Quote Link to comment Share on other sites More sharing options...
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