Cambridge has itchy feet as 7% more people move than in Oxford

A brilliant indicator, which is commonly overlooked, of an area’s property market is the amount of times properties change hands.

Since the 2011 census there are 55,375 properties in Oxford and only 1296 have changed hands in the last 7 years. Our neighbours in Cambridge may only have 46,714 properties, but of these 4308 households moved during the last 7 years. This works out as 9.22% of the town’s property market changing hands, which is a significant difference to our 2.34%

When we looked at our other neighbouring towns, Abingdon has seen 4054 of 49,047 households change hands. This is 5.88% difference than Oxford movers.

This shows you must cover every detail from the property to the area’s market before making a decision to buy, be it for yourself or as a buy to let investment.

If you would like to talk to us about buy to let, please feel free to visit my office on Woodin's Way, Oxford.

Best Regards

Richard