It’s really got so much to shout about
Average asking prices for typical first-time buyer homes in some parts of Britain have jumped by nearly a fifth over the past year, according to analysis by Rightmove. But there’s one place in Cambridgeshire where it is the most expensive to buy a home as a first time buyer!
Colleen Babcock, a property expert at Rightmove, said: “Affordability continues to shape where first-time buyers are looking, and we’re seeing the strongest price growth in areas where homes remain within reach for more people.
“Lower-cost locations are still seeing strong interest, with competition for homes helping to hold prices up. In more expensive markets, tenants are taking a bit more time and thinking more carefully about what they can afford, which is keeping growth relatively flat.”
The most expensive first-time buyer hotspot in Cambridgeshire, unsurprisingly, is Cambridge. Here, the average asking price is £351,126, representing an annual change of 1%.
This really isn’t a surprise, as Cambridge offers the perfect balance between the peace and greenery of a smaller town and the dynamic energy of a culturally rich city. It is highly pedestrian and cycle-friendly, reducing reliance on cars for daily commuting.
Cambridge is also the “tech centre” of the UK, with an abundance of both web development and biotech talent. With London just a 55-minute train trip away, it couldn’t be better situated, being so close it is hugely beneficial with the capital remaining a key economic hub.
It’s also well known worldwide for its history, particularly Cambridge University, founded in 1209 and granted a royal charter by King Henry III in 1231. Cambridge is the second-oldest university in the English-speaking world and the world’s fourth-oldest surviving university.

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