Property trends for CB7

    CB7 covers the market towns and villages of central Cambridgeshire, including areas around Ely and the surrounding fenland districts. It is a mixed residential and rural area with strong community appeal and good transport connections to Cambridge.

    At a Glance

    Average Property Price - CB7

    £333,852

    52

    National percentile

    Average Monthly Rent - CB

    £1,428

    77

    National percentile

    Average Net Household Income - CB7

    £43,793

    72

    National percentile

    Flat / Maisonette Yield - CB

    4.8%

    16

    National percentile

    10-Year Annualised Price Growth - CB7

    3.6%

    49

    National percentile

    10-Year Annualised Rent Growth - CB

    3.9%

    53

    National percentile

    Property Price & Volume Trends

    The average property price in CB7 is £334,000, placing it around the national midpoint. Over the past decade, prices have grown at 3.6% annually, broadly in line with national trends. Transaction volumes have moderated in recent years, with 371 sales in the latest full year compared to a 10-year average of 491—a decline of around a quarter.

    Rent & Yield Trends

    Average monthly rents in the wider CB area stand at £1,428, notably above the national average. Rents have grown at 3.9% per year over ten years, slightly above the national pace. The flat yield has improved to 4.8%, up from its 10-year average of 3.9%, reflecting recent rental strength relative to capital values.

    Income & Affordability Trends

    Household incomes in CB7 average £43,793, well above the national norm. However, affordability has tightened: the price-to-income ratio has risen from 6.8x in 2016 to 7.9x today, indicating purchasing power has not kept pace with price growth. Similarly, rental affordability has deteriorated, with rent consuming 32.5% of household income compared to 28.1% in 2016.

    Resident Demographic Profile

    The population skews slightly older, with a notably high proportion aged 35–49 (22% versus 19% nationally) and fewer young adults aged 16–24 (8% versus 11% nationally). Housing tenure leans toward ownership: 31% own with a mortgage, above the national average, while private rental is slightly below average at 21%. The workforce is weighted toward professionals (23%, above the national 21%) and technical roles (14%), with correspondingly lower proportions in sales and elementary occupations.

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