Why invest in Cambridge? Here are reasons for choosing Cambridge for your next investment.
cambridge’s Growing Population
A growing population is generally good from an economic view. Population growth magnifies economic growth. As demands on housings increase so as the property value. [1]
From a census done in 2021 [2]:
Cambridge’s population has increased to 145,700 from 123,900 (in 2011). The increase is 17.6%, higher than the overall increase for England (6.6%).
The 2nd city, in the East of England, that has the largest population increase.
The 5th most densely populated of the East of England’s 45 local authority areas, with around 26 people living on each football pitch-sized area of land.
DemographY of Cambridge
Below are the findings for Cambridge/ Cambridgeshire in 2021 for:
Population by 5-year age bands for males and females
Occupation type
university of Cambridge
Good schools are sought after and bring up the property value. University of Cambridge is already
Founded in 1209, it is the 5th oldest university in the world.
It consists of 31 constituent colleges.
Notable mentions: Lee Kuan Yew, Stephen Hawkings, Issac Newton
There are over 107 affiliates of the University of Cambridge have been awarded the Noble Prize, especially in Physics, Medicine and Chemistry.
The 2nd best university in 2023 in the world (by QS ranking) [3].
Cambridge Biomedical Campus (CBC)
Cambridge Biomedical Campus (CBC) is the largest centre of medical research and health science in Europe. It’s a partnership between the Cambridge University Teaching Hospital, Cambridge University and the Medical Research Council.
According to Centre for Economics and Business Research (Cebr), Cambridge Biomedical Campus brings £2.2bn boost to UK economy in 2020-2021. Its large of research institutions has helped to attract major life science businesses including AstraZeneca and Abcam to the site. There are now more than 15 occupiers on the campus.
As a result, employment on the site is growing much faster than in the rest of the country, up 7.2% between 2018 and 2021, compared to 0.44% across the UK economy. [4]
silicon fen
Home to a large cluster of high-tech businesses focusing on softwares, electronics and biotechnology. The area is now one of the most important technology hubs in Europe.
There are now over 5,000 tech companies here, and in the year to April 2018, Cambridge-based companies within a 20-mile radius of the city grew their global turnover by 8.7% and their global employment by 4.1%. Silicon Fen companies generate total revenues of £46.6bn and employ 233,000 employees worldwide.
NOT ONLY LOCALS BUT GLOBAL COMPANIES, PROFESSIONALS AND STUDENTS
As Cambridge University has a global reputation for outstanding academic achievement and world-class original research, it naturally attracts a diverse pool of international students and professionals.
This is a city that has been innovating forever – in fact, Cambridge Science Park, founded by Trinity College in 1970, is the UK’s oldest science park and home to 130 companies, employing 7,000 people.
It played a pivotal role in the “Cambridge Phenomenon” – the transformation of Cambridge from a market town with a world-class university to one of the leading technology hotspots in the world.
AWARDED BY OTHERS
Ranked 1st as the Best city for starting a business in 2023
Ranked 4th as one of the Best Small Cities, in 2022 Readers’ Choice Awards
Credit Sources:
https://www.cntraveler.com/gallery/2014-10-20top-25-cities-in-the-world-readers-choice-awards-2014
https://pdf.euro.savills.co.uk/uk/residential---other/the-oxford-cambridge-innovation-arc.pdf
https://www.growthbusiness.co.uk/a-guide-to-the-silicon-fen-tech-sector-2560542/
[2] https://www.ons.gov.uk/visualisations/censuspopulationchange/E07000008/
[1] https://www.economicshelp.org/blog/11031/uk-economy/impact-of-rising-population-in-the-uk/