Cambridge
Residential market update
For more property insight and professional advice on your home and the local market, your local Carter Jonas team are here to support you. Contact us or pop in to your local office to chat to the team.
020 7529 1538
Leslie Schroeder
Head of Residential Research
Email
01223 403330
Email
Luke Johnson
Head of Residential Sales
01223 403330
Email
Anton Frost
Partner, Residential Lettings
Average property price growth in Cambridge has been 1.4% over the last 12 months. Similarly, the wider county has experienced growth of around 1.9%.
AUTUMN 2025
Residential market activity is slowly beginning to bounce back toward normal levels following the April 1st stamp duty changes. However, two factors: general economic uncertainty and global geopolitical concerns, are slightly dampening the market and restraining growth. The primary constraint is stretched affordability, as wage growth has lagged behind house price increases over the last 5-10 years. Nevertheless, buyer demand remains resilient. Given the expectation of at least one more interest rate cut in the next 6-12 months, we forecast consistent sales and price growth at a more sustainable rate of 1.5-2.5% in 2026.
The strong price increase following the pandemic has since eased. In both Cambridge and the wider Cambridgeshire area, residential prices are still about 3% below their September 2022 peak.
The average property price in Cambridge is now just over £492,000, over 80% higher than the national average of £269,000.
In the rental market, average rents in Cambridge are £1,773 per calendar month, 32% above the national average of £1,348 pcm.
Rental growth in Cambridge and the wider national rental market has eased significantly over the last eight months. Following nearly 10% rental growth in 2024, this has now come down to around 5% currently.
Average property price
Annualgrowth
House price forecast for 2025
CAMBRIDGE:
Cambridgeshire:
£492,883
£332,336
1.4%
1.9%
CAMBRIDGE:
Cambridgeshire:
XX%
XX%
CAMBRIDGE:
Cambridgeshire:
Average rental
price
Annualgrowth
Key indicators
SALES
LETTINGS
£1,773
£1,348
CAMBRIDGE
UK:
5.2%
5.7%
CAMBRIDGE:
UK:
1.4%
3%
80%
32%
5%
Data dashboard
Name Name
Job title
xxxxx xxxxxx
name.name@carterjonas.co.uk
SALES market
rental market
Average sales
price
12 months ago
curreNT
£479,547
£492,883
966
987
Properties available monthly
172
114
Properties sold
monthly
0.13%
0.07%
Average discount on initial asking price
66
51
Average days on the market
curreNT
12 months ago
£1,685
£1,773
Average rental price (pcm)
1,564
1,406
Properties available monthly
33
30
Average days on the market
Luke Johnson
Head of Residential Sales
01223 403330
Email
Average monthly mortgage repayment**
(assume average house price of £492,883)
2.50%
2.90%
3.67%
2026
2028
2030
Interest rate forecasts
£2,312
£2,097
£1,879
4.43%*
3.5%
£2,258
4.2%
£1,987
3.0%
2.5%
6.2%
5.3%
2.3%
2026
2028
2030
UK
house price growth
6.1%
5.0%
1.5%
2026
2028
2030
East house price growth
6.2%
5.3%
2.3%
2026
2028
2030
Cambridge house
price growth
Forecasts
Example mortgage rate
Sources used: Carter Jonas Research, HM Land Registry, ONS Price Index of Private Rents, Oxford Economics (forecasts), REalyse (data dashboard, 12-month rolling averages)
* Average rate at early October 2025
**Average monthly mortgage repayments: 25 year period, 15% deposit. Mortgage rates are not forecasts but examples and are for illustrative purposes only.
We’re looking at what’s driving the property market right now and how it’s playing out in your area. Read our Autumn/Winter 2025 local market report for the latest property data and insight.