Almost 7,000 homes to be delivered in record Cambridgeshire development

by: Rebekah Commane
  • 15/04/2016
  • 0
Almost 7,000 homes to be delivered in record Cambridgeshire development
Developer Urban and Civic is to deliver close to 7,000 new homes in the next 15 to 20 years in Cambridgeshire.

Mooted as the largest residential development scheme under construction in Britain, Alconbury Weald will be developed on the 18km perimeter site of an old, cold war RAF base on the outskirts of Huntingdon.

Urban and Civic specialises in regional regeneration projects and bought the 1,425 acre plot from the Ministry of Defence in 2009 and the £1.5bn scheme will include a government backed enterprise zone, two primary schools, a secondary school, health centre, 700 acres of green space and a cricket pitch. It will also add a railway station to be connected to the East Coast Mainline.

Construction began in 2015 in partnership with housebuilder Hopkin Homes and the 128 homes in phase one, ranging from two to five-bed properties, are now available for purchase at prices between £200,000 and £350,000. A primary school is due to be completed by September.

There is a high level of demand for homes in Cambridgeshire, which has experienced a 44.7% property price rise since 2007, with the average cost now at £388,400, according to property analysts Hometrack.

There are 0 Comment(s)

You may also be interested in

Read previous post:
TSB logo
TSB cuts rates across residential and buy-to-let mortgages

TSB has cut rates across its buy-to-let and residential mortgage ranges.

Close