Several factors influence real estate prices in Cambridgeshire. Firstly, its proximity to Cambridge, a major academic and tech hub, significantly drives demand. Properties near the city center or with good transport links to Cambridge typically command higher prices. The growth of companies in the tech and biotech sectors adds to the area's attractiveness, contributing to rising property values. Additionally, the quality of local schools and educational institutions affects demand, as families often seek homes in areas with reputable schools. The availability of amenities, such as parks, shops, and restaurants, also plays a role; areas with well-developed infrastructure and services tend to see higher prices. Furthermore, market trends and economic conditions in the broader UK housing market can impact prices in Cambridgeshire. Lastly, the historical and cultural significance of certain towns, like Ely with its cathedral, can elevate property values due to unique buyer interest.