Property trends for CB2

    CB2 covers central Cambridge, including the historic core and surrounding residential areas just south of the city centre. It is a university town with a distinctive character shaped by its academic institutions, cultural amenities, and strong professional employment base.

    At a Glance

    Average Property Price - CB2

    £661,845

    92

    National percentile

    Average Monthly Rent - CB

    £1,428

    77

    National percentile

    Average Net Household Income - CB2

    £35,686

    36

    National percentile

    Flat / Maisonette Yield - CB

    4.8%

    16

    National percentile

    10-Year Annualised Price Growth - CB2

    0.6%

    3

    National percentile

    10-Year Annualised Rent Growth - CB

    3.9%

    53

    National percentile

    Property Price & Volume Trends

    Properties in CB2 are among the most expensive nationally, with an average price of £662,000. Over the past decade, however, the area has experienced notably weak price growth at 0.6% annually—among the slowest in the country. Transaction activity has fallen to 195 sales in the latest year, down sharply from a ten-year average of 318 per year.

    Rent & Yield Trends

    Monthly rents in the broader CB area average £1,428, placing them above the national midpoint. Rental growth has been moderate at 3.9% annually over ten years, roughly in line with the national trend. The flat yield currently stands at 4.8%, a meaningful improvement from its ten-year average of 3.9%, signalling an upward shift in rental returns relative to property values.

    Income & Affordability Trends

    Average household income in CB2 is £36,000, notably below the national average. The price-to-income ratio has deteriorated significantly, rising from 13.1x in 2016 to 19.0x today, making owner-occupation substantially less affordable. Rental affordability has also worsened, with the rent-to-income ratio climbing from 28% in 2016 to 33% now, reflecting rising pressure on renters' budgets.

    Resident Demographic Profile

    The area has a strikingly young population, with over a quarter aged 16–24—more than double the national average, reflecting Cambridge's status as a university city. Professionals dominate employment, making up 42% of the workforce compared to 21% nationally, while skilled trades are underrepresented at 6% against a national norm of 11%. Housing is more heavily rented (25% private, 19% social) than owned outright (32%), reflecting the transient nature of the student and early-career population.

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