The UK's Number One Property Hotspot 2024

A few facts and figures about Cambridge that strengthens the reasons to invest in Cala at Waterbeach:

Between the 2011 and 2021 censuses, Cambridge's population increased by 18%, the highest in the country outside of London. The population forecasts indicate a further 18% increase by 2041, totalling nearly 816,000 residents.?(Office for National Statistics)

The potential for growth?is underpinned by Cambridge's continued recognition and strength as a global leader in technology and life sciences.?(Savills Report 2024)

47% of graduates from Cambridge University remain in the city after completing their studies. This is one of the highest graduate retentions in the country and reflects the strong local job market and the appeal of living in Cambridge. (Graduate Outcomes Survey)

The?average salary in Cambridge is approximately 17% higher than the UK average, which helps support future house price growth.?(Office for National Statistics)

Cambridge has been ranked as?the best place to work in the UK for 2024. The city scored highest in terms of career opportunities, work-life balance, and positive business outlook. (Glassdoor Survey)

House prices here have risen by just under 12% over the last year. As a result, rents in Cambridge have increased by an average of 13% over the last 12 months?(Christie's International Real Estate Winter Report 2023)

North East Cambridgeshire saw an annual price increase of 10.6 per cent or ￡37,665 in 2023-4, making the average property worth ￡533,330.?(UK House Price Index (HPI))

Cambridge house prices have risen 241% since 2001– This represents?an average annual increase of 5.97% every year during that 20-year period!?(Savills Research using ONS, Land Registry)

The demand for rental properties in Cambridge is significant. Influenced by the full spectrum of tenant demographics, including corporates, professionals, students, and short-term visitors.

Facts underpinning Cambridge's astounding sustainable house price growth:

High Demand and Limited Supply: There is a persistent demand for homes in Cambridge, driven by its status as a global innovation hub and the presence of a prestigious university. This demand has outpaced supply, leading to increased property values.? New developments such as Waterbeach, aim to address the supply shortage of affordable, quality, new homes.

Strong Economic Performance: Cambridge has a robust local economy, with productivity levels set to surpass those of London. The city has seen significant growth in its technology and biotech sectors, contributing to high demand for housing.

Transport Links: Regular fast trains connect Cambridge to?London in about 50 minutes, enhancing its appeal as a commuter city. This accessibility makes it attractive for professionals working in London looking to live in a more affordable location.

Population Growth: The city's population is growing, which increases the demand for housing. This growth is fuelled by both local and international migration, as people are attracted to Cambridge for its?job opportunities and quality of life.

Investment and Development: Ongoing development projects like?Waterbeach with 5 new primary and secondary schools planned, along with future infrastructure improvements such as the relocation and redevelopment of Waterbeach train station, are expected to further enhance the housing market in this location.?

These factors collectively underpin the dynamics of house price growth in Cambridge, making it one of the most sought-after locations in the UK.

Reserve your next property investment now - Prices from just ￡300,000. Investor requires ￡100,000 all in.

More info? Click here: Invest in Cambridge Property: Waterbeach Development | Waterbeach in Cambridge (vanguard-property-launch.com)

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