Why house prices in this Cambridge postcode have more than doubled in a year

Prices of homes in many Cambridge postcodes skyrocketed in 2017. In total, 77 postcodes across Cambridgeshire saw increases. Postcode CB11 experienced the greatest jump, where the average house price increased by 156%. This was partly because the expansion of the Audley End train station increased the number of commuters from London. Other areas of Cambridge experienced a rise in property prices due to the abundance of jobs in the area from multi-national corporations and pharmaceutical companies.

Read more: Why house prices in this Cambridge postcode have more than doubled in a year

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