20 Sep

New station could boost Cambridge market

New station could boost Cambridge market

Plans to build a new railway station in Cambridge could help to boast the city’s property market even further.

Cambridge has seen a significant rise in prices in recent years due to its strong education and job prospects, reports the Daily Telegraph.

A new train station - Cambridge North -  is due to open in May next year and will connect Ely, King’s Lynn and Birmingham to the north, with services to Cambridge, London King’s Cross, Liverpool Street and Stansted Airport.

Chris Carey, a local estate agent, also believes the new station, which is within walking distance of a major development, will be a positive impact on the city.

He added: “People working in the Science Park and London commuters will be very attracted by it.”

According to Oxford Economics, Cambridge’s employment levels have increased by 31.5 per cent over the past decade and the population has increased by 11.8 per cent since 2005.ADNFCR-1222-ID-801825424-ADNFCR

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