Cambridgeshire towns named cheapest places to live in eastern England

Cambridgeshire towns named cheapest places to live in eastern England

We know we’re talking about the exorbitant cost of living in parts of Cambridgeshire, but it turns out that two of our towns are actually some of the cheapest places to live in the entire region.
Among the five most affordable places to live in the East of England, two regions of Cambridgeshire come in second and fourth.

Wisbech was named the second cheapest place to live in the east of England, according to data from Zoopla, with Chatteris in fourth.

First place went to Purfleet in the Thurrock region in Essex, third place went to Great Yarmouth in Norfolk and Harwich in Essex in fifth place.

Wisbech is often considered the capital of the Fens, steeped in history and surrounded by magnificent countryside.

The city is known for its elegant Georgian architecture and was one of the country’s most prosperous ports in the 18th and 19th centuries.

It is home to one of the oldest museums in the UK, the Wisbech and Fenland Museum, as well as one of the oldest Georgian theaters in the country – The Angles Theater.

Use our tool below to discover the real estate market near you:

Wisbech has also been the headquarters of Elgood’s Brewery and Gardens for over 200 years and was one of the first Georgian breweries to be built outside of London, producing real award-winning beers.

Chatteris is another part of Cambridgeshire absolutely steeped in history – in fact, it’s been inhabited since the first humans arrived in Britain.

Flint tools dating back 780,000 years have been found, as well as rare weapons from the Bronze Age.

From the outside you can’t tell how characterful this chalet is

In Neolithic times, Chatteris was an island surrounded by salt marshes and freshwater canals, which formed what we now call the Fens.

During this time the sea came further inland, as far south as Denny Abbey, but today the market town is 50 miles from its nearest beach.

Chatteris developed around St Mary’s Abbey, one of only two Anglo-Saxon abbeys in eastern Britain run entirely by nuns.

A market square formed in front of the abbey, founded in AD 980, and the market tradition continued in the city, with a weekly market every Friday on Park Street.

This two bedroom Wisbech property is on the market for £ 130k

Some of the properties currently for sale in both cities show exactly what you can get for your money in those areas.

In Wisbech you can get a three bedroom semi-detached house for £ 180,000 with a living room and a comfortable one, a refitted bathroom, a new boiler and double glazing throughout the chalet.

Alternatively, a two-bedroom terraced house with a fresh modern interior and lots of natural light is currently on the market for £ 130,000.

Lightweight, airy and modern – it looks like something out of a magazine

If Chatteris is more appealing, a characterful two-bedroom cottage near the main street, two reception rooms and a picturesque back garden will set you back £ 170,000.

For a little more space, a spacious three bedroom semi-detached house with three reception rooms and a sunny interior garden is currently on the market open for offers over £ 185,000.

Perfect patio to enjoy the sun

The Wisbech and Chatteris areas also appear popular with home buyers, with 67 properties in the Queens Road area of ​​Wisbech having sold in the past 12 months alone.

Chatteris has also seen over 25 properties sold over the past 12 months, at a time when many people are rethinking their locations due to changes in the way we work.

This Chatteris cottage is bursting with character

Zoopla looked at data such as annual gross household incomes, median house prices, price-to-earnings ratio, annual mortgage repayment, and mortgage payment as a percentage of household income.

See how the top five areas stack up below:

City Gross annual household income Median house prices Price / earnings ratio Annual mortgage repayment Mortgage payment as a percentage of household income
Purfleet 62 255 £ 230 900 £ 3,54 7 787 £ 16%
Wisbech £ 52.775 195.122 £ 3,70 6 580 £ 17%
Great Yarmouth £ 51.589 191 205 £ 3,71 6 448 £ 17%
Chatteris £ 52.775 198 696 £ 3,76 6 701 £ 17%
Harwich 56 810 £ 217 770 £ 3,83 7 344 £ 17%


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