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I do NOT believe it... £50,000 drop in Cambridge!

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Comments

  • MissMoneypenny
    MissMoneypenny Posts: 5,324 Forumite
    m00m00 wrote: »
    obviously it lost research points after I left :)

    Obviously. :D In fairness, York was rated higher than Nottingham last year.
    m00m00 wrote: »
    I can tell you empirically as far as cities go York is vastly nicer than Nottingham

    You will not get an argument from me on that one. Although it did make me smile the other year to see that Hull was rated as better for shopping than York.
    RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
    Read the sticky on the House Buying, Renting & Selling board.


  • m00m00
    m00m00 Posts: 1,755 Forumite
    are you sure it said shopping

    and not shoplifting
    It's a health benefit ...
  • pickles110564
    pickles110564 Posts: 2,374 Forumite
    carolt wrote: »
    I don't know the Cambridge market at all, but when I left Oxford in 93, lovely 2 up 2 downs in Jericho (very central), where I lived as a student, were about 67K. Average starting salary as a graduate, I happen to remember, was 14.5K, and good graduate starting salaries were 20K+. So a brand new graduate in a better-paid job, or a couple of average recent graduates, could very easily have bought one, without any effort involved.

    Don't see why prices shouldn't fall to similar multiples of average graduate starting salaries - maybe 120K now? And Cambridge and Oxford can't be that different in price terms, or there'd be a bit of a brain drain....
    Is the only reason you go to UNI to have a good time out drinking in the cities as I see no valued reason other than that.
    My point being is in 93 you could only get 14.5K as a grad yet us thickies with no qual in our industry were earning 40K plus.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    m00m00 wrote: »
    one of the problems with places like Oxford, Cambridge and York, is that they are very nice towns/cities with good universities. Due to this many of the graduates of said universities are prepared to stay in the city where they study after graduation and accept jobs which are below their standard of skills in order to remain in the city. This actually keeps salaries down in these places. At a certain big insurance company in york, there were no shortage of york graduates in all disciplines happy to take 12-13k admin/cs jobs back in 2002.
    As a "normal person/local" wages were very restricted. I did quite well among all my peers. I was earning £14k running some serviced offices for St John's College in 1994, job title was Office Manager but it was all the sales/marketing, resources and billing. I'd imagine though, if that job were available today, the salary would still be £14k because in many jobs salaries have simply not increased.... and they'd probably now say they want a person with a degree. So you get hit with the double whammy that way.

    Some of the colleges (I know Queens do this), pay minimum wage to kitchen staff, but because they dictate when holidays/close downs have to be taken, the staff get extra holidays. I knew somebody who worked in Queens' kitchen and I was stunned to find out she ended up with 9 weeks' annual leave.

    In the mid- late-90s, Cambridge University salary scales for clerical staff were severely trimmed. They did this by completely removing the top 2-3 bands.
  • MissMoneypenny
    MissMoneypenny Posts: 5,324 Forumite
    m00m00 wrote: »
    are you sure it said shopping

    and not shoplifting

    Funny you should mention shoplifting and York. I can't put it on the internet though.
    RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
    Read the sticky on the House Buying, Renting & Selling board.


  • mikegib
    mikegib Posts: 7 Forumite
    carolt wrote: »
    Can't agree with St Albans.

    A 345K flat in St Albans would have me choking/laughing hysterically in my soup.. :p

    (I know the area well - you'd get a nice house for that, none of this 2 bed flat nonsense...)

    Well, there are currently 36 2-beds within 350k - 400K range for sale in St Albans, mostly Napsbury Park and Tyttenhanger developments both far away from the Thameslink station and close to London Colney :-/

    There was a couple 400K+ 2-bed flats actually sold in past months (as I recall some from that "designer" block of flats off London Rd, close to Riverside Rd).

    This one is the most ridiculous I've seen in the area:
    http://www.rightmove.co.uk/viewdetails-20915594.rsp?pa_n=1&tr_t=buy
    (originally was £285K) - 2 sq.meters bigger than 1-beds in the same development with asking prices of 180-190KK. That's £50.000 for a square meter !! I dont get it ..
  • tomstickland
    tomstickland Posts: 19,538 Forumite
    10,000 Posts Combo Breaker
    trudiha wrote: »
    I moved from Harvey Goodwin Ave to Gwydir St during the late 1990s, at that time it was seen as a little bit arty and a little bit edgy, well edgy for Cambridge.
    For the short while I lived in Cambridge (Parkside), Mill Road was the place.
    Happy chappy
  • Mary_Hartnell
    Mary_Hartnell Posts: 874 Forumite
    Obviously. :D In fairness, York was rated higher than Nottingham last year.



    You will not get an argument from me on that one. Although it did make me smile the other year to see that Hull was rated as better for shopping than York.

    Too much crime in Nottingham?
  • harryhound
    harryhound Posts: 2,662 Forumite
    This is the cheapest in the block at present.
    Back in 1990 you could have bought it on your credit card.
    If the building looks a bit "industrial" it is because the Bata Shoe company built the small town in the 1930's. But the Authorities would not allow it to be called "Bataville"
    (or Batavia its twin town in Canada).
    This building used to be the Hotel/directors suite etc.

    http://www.rightmove.co.uk/viewdetails-17440754.rsp?pa_n=3&tr_t=buy.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    For the short while I lived in Cambridge (Parkside), Mill Road was the place.
    Parkside used to be immensely posh. Those huge, imposing houses, many with those balconies. I used to dream about going inside one of those and seeing what it was like.
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