According to property analyst Hometrack, property prices in Cambridge have risen by £40,000 on average since November 2013, some 13% above last year’s levels.  Buyers are now paying £338,500 for the average house in the City.  This compares with £403,200 in London.  A booming local economy coupled with a lack of supply have fuelled these rises and the big question is what will happen in 2015?  Recent changes to Stamp Duty is likely to encourage buyers at the lower and middle ends of the market, although uncertainty about May’s General Election and worries over the proposed Mansion Tax may damp things down a little.