Waterbeach proving popular destination for City leavers
05 February 2018
Almost half of all properties purchased in a Cambridgeshire village in the last 12 months have been bought by London leavers, statistics have revealed.
According to research by Hamptons International, 46 per cent of all sales in Waterbeach over the last year have been made to people moving from the city. According to Zoopla, there have been 62 sales in the village during that period.
It is the third highest proportion of sales to city leavers in the UK, behind only Hassocks (51 per cent) and Kidlington (50 per cent).
Hamptons International says almost 94,500 people made the move out of cities to the countryside over the past 12 months – 16 per cent more than in 2016 and the highest number since 2007.
Traditionally older people have opted to move from the Big Smoke for the quieter life, but now it appears younger people are also looking at options outside of the capital.
None of this comes as much of a surprise to Charles Church head of sales for the East Midlands Nova Eames who is responsible for the 135-home development called The Lancasters on Bannold Road.
“We have seen 22 sales so far – and many of those have been people re-locating from London,” said Nova.
“I think there are a few reasons for this. Firstly, there is a train direct from Waterbeach to King’s Cross which takes just over an hour, so for some commuting is something they are willing to consider.”
“For others it’s purely down to house prices. Prices start at £271,995 at The Lancasters – and for that money you are getting considerably more than you could ever dream of in London.”
“Also, more and more jobs are becoming remote – there is far less reason to be in London on a daily basis when the work can be achieved at home. That being the case, why not do it in nicer surroundings?”
The site is known as The Lancasters in recognition of the fact that No. 514 Squadron RAF had a base in Waterbeach during the Second World War, from which the famous Avro Lancaster bombers departed on numerous missions.
Waterbeach is a peaceful village on the edge of the Fens with everything you need for day-to-day living including a selection of local shops, a train station and a primary school.