Report

Cambridge Residential Market Update, Spring 2022

25.2.22 3 MINUTE READ

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The pandemic years have seen intense demand for homes in Cambridge, across both sales and lettings. However, leaving aside the unique Covid-19 period, the city’s residential market had already been undergoing a period of change.

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Over the last five years 1.2 million sq ft of office
and laboratory floorspace has been added to the Cambridge cluster, bringing with it a growing high skilled scientific and technical workforce.

This ongoing structural shift in the Cambridge economy is having inevitable knock on effects to the city’s housing market. Ongoing recruitment across the city’s science and technology sector, including AstraZeneca and Arm is placing intense pressure on the limited stock available. Demand has outstripped the supply of new, second hand and country homes for sale, while the rental market has seen record rates of rental growth.

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David Bentley

Partner, Head of Residential

Results-driven, David has sold 70% of Cambridge’s prime city developments and his team are working right across the Oxford to Cambridge Arc.

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Sue Foxley

Sue Foxley

Research Director

Sue leads a dynamic programme of research at Bidwells. Working with her colleague Mark Callender, she is particularly focused on the real estate implications of the science and technology sector.

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