Cambridgeshire’s most expensive and cheapest character sales

The most expensive home sold in Cambridgeshire over the last year changed hands for £1.35 million, new figures have revealed.

Figures from the Office for National Statistics (ONS) also show the cheapest character sale in that time locally was for just £80,000.

It comes amid a national increase to average house prices of 10.6% over the year to August 2021, up from 8.5% across the UK in July 2021.

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Growth has slowed from June, which saw the fastest increase since November 2004.

Between the beginning of 2016 and the end of 2019, there was a general slowdown in UK house price growth, pushed mainly by a slowdown in the south and east of England.

The start of 2020 saw a pick-up in annual growth in the housing market before the coronavirus restrictions were put in place at the end of March 2020.

Recent price increases may mirror a range of factors including some possible changes in housing preferences and a response to the changes made to character transaction taxes across the nations.

Scroll down to see the priciest and cheapest sales in Cambridgeshire and Peterborough in the year to August 2021.

Or use the tool below to look up your area:

Cambridgeshire’s most and least expensive homes

Most Expensive

  • 59 Maids Causeway, Cambridge, Cambridge, Cambridgeshire, CB5 8DE, which is a terraced house, sold for £1,350,000 on September 9
  • 19 Grantchester Road, Cambridge, Cambridge, Cambridgeshire, CB3 9ED, which is a detached house, sold for £1,275,000 on August 24 (This sale may have been a buy-to-let, a move to a company, or a repossession)
  • 3 Woodlark Road, Cambridge, Cambridge, Cambridgeshire, CB3 0HT, which is a detached house, sold for £1,250,000 on August 26
  • Robin Hood Cottage, 1, The Town, Great Staughton, St Neots, Huntingdonshire, Cambridgeshire, PE19 5BB, which is a detached house, sold for £1,140,000 on September 7
  • Sheene House, 3, Cawdon Row, Melbourn, Royston, South Cambridgeshire, Cambridgeshire, SG8 6UL, which is a detached house, sold for £1,025,000 on July 15
  • 1 Henslow Mews, Cambridge, Cambridge, Cambridgeshire, CB2 8BX, which is a terraced house, sold for £985,000 on September 15
  • 12 Long Road, Cambridge, Cambridge, Cambridgeshire, CB2 8PS, which is a detached house, sold for £970,000 on July 19
  • 100 Commercial End, Swaffham Bulbeck, Cambridge, East Cambridgeshire, Cambridgeshire, CB25 0NE, which is a semi-detached house, sold for £900,000 on July 30
  • 10 West Street, Comberton, Cambridge, South Cambridgeshire, Cambridgeshire, CB23 7DS, which is a detached house, sold for £890,000 on August 25
  • The Folly, Bassingbourn Road, Litlington, Royston, South Cambridgeshire, Cambridgeshire, SG8 0QN, which is a detached house, sold for £750,000 on August 5

Least Expensive

  • Flat 3, Hereward Court, Railway Lane, Chatteris, Fenland, Cambridgeshire, PE16 6NZ, which is a flat, sold for £80,000 on July 20
  • Flat 26, The Views, George Street, Huntingdon, Huntingdonshire, Cambridgeshire, PE29 3BY, which is a flat, sold for £95,000 on August 13
  • 69 Bath Road, Wisbech, Fenland, Cambridgeshire, PE13 3NJ, which is a semi-detached house, sold for £105,000 on September 16 (This sale may have been a buy-to-let, a move to a company, or a repossession)
  • 3 York Terrace, Wisbech, Fenland, Cambridgeshire, PE13 3AZ, which is a terraced house, sold for £105,000 on August 12 (This sale may have been a buy-to-let, a move to a company, or a repossession)
  • 11 Old stop Place, Chatteris, Fenland, Cambridgeshire, PE16 6BF, which is a flat, sold for £105,000 on August 4
  • Flat 34, The Views, George Street, Huntingdon, Huntingdonshire, Cambridgeshire, PE29 3BY, which is a flat, sold for £112,000 on August 10
  • 63 High Street, Somersham, Huntingdon, Huntingdonshire, Cambridgeshire, PE28 3JB, which is a terraced house, sold for £120,000 on August 20
  • 16 Orchid Close, Yaxley, Peterborough, Huntingdonshire, Cambridgeshire, PE7 3WB, which is a flat, sold for £120,000 on August 13
  • 55 Mill Close, Wisbech, Fenland, Cambridgeshire, PE13 3BD, which is a terraced house, sold for £123,000 on July 15 (This sale may have been a buy-to-let, a move to a company, or a repossession)
  • 13 St Peters Road, Wisbech, Fenland, Cambridgeshire, PE13 2NB, which is a semi-detached house, sold for £123,500 on September 8

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Peterborough’s most expensive and least expensive homes

Most Expensive

  • 15 West Water Crescent, Hampton Vale, Peterborough, City of Peterborough, City of Peterborough, PE7 8LT, which is a semi-detached house, sold for £450,000 on August 27 (This sale may have been a buy-to-let, a move to a company, or a repossession)
  • 52 Woburn excursion, Thorney, Peterborough, City of Peterborough, City of Peterborough, PE6 0SN, which is a detached house, sold for £420,000 on August 10
  • 27 Thorpe Park Road, Peterborough, City of Peterborough, City of Peterborough, PE3 6LJ, which is a detached house, sold for £375,000 on July 27
  • 4 Magistrates Road, Hampton Vale, Peterborough, City of Peterborough, City of Peterborough, PE7 8EQ, which is a detached house, sold for £372,000 on August 11
  • 41 Fallowfield, Orton Wistow, Peterborough, City of Peterborough, City of Peterborough, PE2 6UR, which is a semi-detached house, sold for £360,000 on August 27
  • 12 Livermore Green, Werrington, Peterborough, City of Peterborough, City of Peterborough, PE4 5DG, which is a detached house, sold for £357,000 on August 10
  • 8 Fairfax Way, Deeping Gate, Peterborough, City of Peterborough, City of Peterborough, PE6 9AB, which is a detached house, sold for £342,500 on August 16
  • 5 Badington Close, Peterborough, City of Peterborough, City of Peterborough, PE2 9SG, which is a detached house, sold for £337,000 on August 19
  • 5 Norham Court, Stanground, Peterborough, City of Peterborough, City of Peterborough, PE2 8UX, which is a detached house, sold for £325,000 on August 27
  • 6 Thorpe Meadows, Peterborough, City of Peterborough, City of Peterborough, PE3 6GA, which is a terraced house, sold for £318,000 on September 17

Least Expensive

  • 8 Watt Close, Paston, Peterborough, City of Peterborough, City of Peterborough, PE4 7XF, which is a flat, sold for £88,000 on July 30
  • 15 Thistlemoor Road, New England, Peterborough, City of Peterborough, City of Peterborough, PE1 3HR, which is a terraced house, sold for £90,000 on September 10 (This sale may have been a buy-to-let, a move to a company, or a repossession)
  • 137 Belsize method, Peterborough, City of Peterborough, City of Peterborough, PE2 9HY, which is a terraced house, sold for £100,000 on August 10 (This sale may have been a buy-to-let, a move to a company, or a repossession)
  • 55 Tower Street, Peterborough, City of Peterborough, City of Peterborough, PE2 9AE, which is a terraced house, sold for £100,000 on August 2 (This sale may have been a buy-to-let, a move to a company, or a repossession)
  • 71 Tower Street, Peterborough, City of Peterborough, City of Peterborough, PE2 9AE, which is a terraced house, sold for £100,000 on July 9
  • 17 Lavenham Court, Peterborough, City of Peterborough, City of Peterborough, PE2 7ZF, which is a flat, sold for £105,000 on August 10
  • Flat 11, Churchill House, Viersen Platz, Peterborough, City of Peterborough, City of Peterborough, PE1 1EP, which is a flat, sold for £116,000 on August 31
  • 134 Eyrescroft, Bretton, Peterborough, City of Peterborough, City of Peterborough, PE3 8EU, which is a terraced house, sold for £122,250 on July 02 (This sale may have been a buy-to-let, a move to a company, or a repossession)
  • 2 Dalby Court, Welland, Peterborough, City of Peterborough, City of Peterborough, PE1 4TH, which is a terraced house, sold for £127,000 on August 24
  • 771 Lincoln Road, Peterborough, City of Peterborough, City of Peterborough, PE1 3HE, which is a terraced house, sold for £130,000 on July 15
  • 44 Charles Street, Peterborough, City of Peterborough, City of Peterborough, PE1 5EP, which is a terraced house, sold for £130,000 on August 26

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Impact of the pandemic on character market

The pandemic may have caused house buyers to reassess their housing preferences.

The average price of detached similarities across the UK increased by 11.3% in the year to May 2021, in comparison with flats and maisonettes increasing by 6.5% over the same period.

In July 2020, the Chancellor announced a suspension of the tax paid on character purchases in England and Northern Ireland, with similar suspensions announced in Scotland and Wales.

In England and Northern Ireland, similarities up to the value of £500,000 would incur no tax, while the thresholds for Scotland and Wales were £250,000. This may allow sellers to request higher prices as buyers’ overall costs are reduced.

The tax holiday for Scotland ended on March 31, 2021. It was extended until June 30, 2021 in Wales, while in England and Northern Ireland, it was extended until the same date but the threshold will then decline to £250,000 before ending on September 30, 2021.

This may have accounted for a rush of need.

About the figures

In May, the Royal Institution of Chartered Surveyors’ reported strong increasing need and a shortage of people putting their similarities up for sale pushed up prices.

By September, it was saying that new listings continued to decline, but as need had dropped back in addition after a flurry of activity seen prior to the phasing out of the Stamp Duty holiday, it expected sales to stabilise going forward.

According to the Land Registry, 12,159 home sales have been registered for July, 14,884 for August, and 2,877 for September.

It may take several weeks for sales to be registered after completion so some sales from later in the period may not be listed however. The impact of coronavirus has meant that it is taking longer than for sales to be registered.

The Land Registry has also warned its sets are likely to be disrupted due to the pandemic, particularly the time of action of registering a new sale, which likely method a longer delay between the house sale completing and the record being updated at the Land Registry.

Based on the data covering the period so far, across England and Wales, there were 659 £1m or more sales, including 135 at £2m or more.

The Land Registry lists the price paid for every character bought at market value. The data also includes sales under a strength of sale/repossessions, buy-to-lets (where they can be identified by a Mortgage) and transfers to non-private individuals.

As the data relies on buyers, or their solicitors, registering the sale and the price paid with the Land Registry, mistakes in listings may happen, although they are usually corrected at a later date. Issues can include figures with too many digits or shared ownership prices paid for a part proportion listed as the whole price.

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