Property trends for CB24

    CB24 covers the southern villages and rural areas around Cambridge, sitting on the edge of the city's commuter belt. It is a prosperous, family-oriented district with strong professional employment and well-established communities.

    At a Glance

    Average Property Price - CB24

    £447,244

    74

    National percentile

    Average Monthly Rent - CB

    £1,428

    77

    National percentile

    Average Net Household Income - CB24

    £49,128

    87

    National percentile

    Flat / Maisonette Yield - CB

    4.8%

    16

    National percentile

    10-Year Annualised Price Growth - CB24

    3.0%

    28

    National percentile

    10-Year Annualised Rent Growth - CB

    3.9%

    53

    National percentile

    Property Price & Volume Trends

    The average property price of £447,000 places CB24 among the most expensive nationally. Over the past decade, prices have grown at 3.0% per year — a pace below the national average. Transaction activity has declined modestly from its 10-year norm, with 512 sales in the latest full year against an average of 623.

    Rent & Yield Trends

    Average monthly rents of £1,428 sit among the highest nationally. Rental growth over the past decade has been measured at 3.9% annually, in line with national trends. The flat yield of 4.8% has improved noticeably from its 10-year average of 3.9%, reflecting a shift toward better returns for buy-to-let investors.

    Income & Affordability Trends

    Household incomes in CB24 are well above the national average at £49,128, ranking among the highest nationally. Purchase affordability has tightened: the price-to-income ratio has risen from 8.3x in 2016 to 9.0x today. Rental affordability has also weakened, with rents now consuming 32.5% of household income compared to 28.1% a decade ago.

    Resident Demographic Profile

    The age profile is notably skewed toward families and established households: those aged 35–49 account for 23% of the population, well above the national average of 19%, while young adults aged 16–24 are underrepresented at 9%. Housing tenure is evenly split between outright ownership and mortgage holders, each at 34%, with private rental particularly low at 15%. The workforce is dominated by professionals, representing 32% of employment — more than half again the national average — alongside strong representation in managerial and technical roles. Manual trades and elementary occupations are significantly underrepresented.

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