The Flying Pig football Club was presented with the Sunday League Club of The Year trophy at last weeks’ Cambridge and District Sunday Football League management meeting.
The Flying Pig football Club was presented with the Sunday League Club of The Year trophy at last weeks’ Cambridge and District Sunday Football League management meeting.
According to latest figures from the Halifax, the number of houses worth £1 million or more has almost trebled in the last five years, with 88,000 properties now being valued at or above that magic figure. But what makes a house worth a million? Andrew Bush, managing director of Bush Property Services, has some answers.
“Back in the mists of time, i.e. the 1980s, when relatively very few properties were worth £1 million plus, most homes that broke through the seven figure barrier were what you’d expect; old, classical houses steeped in history and surrounded by vast acreages of lush grounds which almost certainly included substantial recreational facilities such as a swimming pool, tennis court and stabling.
“Nowadays, the criteria are far less certain.
“The age of the property, for example, is not as important any more. Very modern houses, on the face of it completely character free, can still command vast price tags provided that they are finished to a high standard inside and out and have, or at least have space for, all the accoutrements of modern living that million pound homeowners tend to expect.
“Size matters too. The blandest house in the world can still sell for a million or more if there’s plenty of it and in these cases the design is all-important. A beautifully laid out modern property that has never been near a beam or an Inglenook fireplace can be worth more than a higgledy piggledy home with olde worlde charm.
“Location, however, is the most important element, as recent developments in Cambridge have proved. Relatively small houses, or even flats, that benefit from either good urban or rural surroundings and have excellent transport links, can sell for prices that they wouldn’t come close to if built in less desirable areas.
“The final word, as always, goes to the buyer. A house is worth whatever the buyer is prepared to pay for it. And if someone offers a million for your castle, wherever it may be, who are you to turn them down?”
Foursys, a Cambridge-based IT company specialising in network threat protection, is taking on extra staff to meet increased demand for its services.