Sam Butler's Market Comment - Looking to 2024
2023 was a mixed bag when it came to property market trends. The fallout from the mini budget extended into the start of the year. However, as inflation began to steadily fall, mortgage products improved and the year ended in a positive fashion.
In the last quarter of 2023, there was a significant uplift in the volume of requests from clients wishing to launch their property to the market in the spring of 2024. This increased level of stock should improve transactions levels, together with a large number of buyers still in rental properties following the surge of sales during the pandemic.
We anticipate that sale prices will strengthen as the market reactivates. There will be a pause at some point in the year when the date of the General Election is announced. Traditionally, this pause does not affect the values, but until the outcome, the decision making of buyers weakens. Hopefully, inflation will continue to fall, and perhaps interest rates also, and this will help to alleviate some of the financial burden on buyers.
Properties needing renovation should become more desirable again, if the cost of building products reacts to the fall in inflation. The strongest performers will continue to be the immaculate, blight free properties as has been the case for much of 2023.’
Butler Sherborn currently has a good selection of houses for sale across the price ranges.
Coln St Dennis House, Coln St Dennis - Guide Price £3,500,000 A superb Grade II Listed village house, separate cottage, pool and established gardens
https://www.butlersherborn.co.uk/coln-st-dennis/nid3428
Pheasant Cottage, nr Burford – Guide Price £1,000,000 A detached four bedroom house, rural location, no chain, three miles from Burford
https://www.butlersherborn.co.uk/brize-norton/burford-road/nid3453
Thyme Cottage, Willersey - Guide Price £995,000 A pretty Grade II Listed Cotswold stone cottage with five bedrooms close to the village green.
https://www.butlersherborn.co.uk/willersey-near-broadway/main-street/nid3466
Why Sellers Need To Be Prepared To Sell
January and February are traditionally a time of assessment in the Cotswolds property market. Conversations begin in earnest with market appraisals requested and plans discussed. With spring now underway, the outlook feels more defined, helping confidence to build as the market moves forward. We have been particularly busy with market appraisals in recent weeks; it seems many are firmly in the mindset to move this year and are making a good start by getting ahead with their preparation.
Why Sellers Need To Be Prepared To Sell
Popular Local Establishment Re-opens – Hurrah!
Nestled in the picturesque village of Ewen, just a stone’s throw from Cirencester, this delightful 16th-century pub has long been a much-loved local landmark. Now, after a careful and considered restoration, The Wild Duck has officially reopened its doors and wow what a return it was!
Popular Local Establishment Re-opens – Hurrah!
Why the Cotswolds Remains One of the Strongest Property Markets in the UK
Few regions in the UK combine lifestyle appeal, long-term value and consistent demand quite like the Cotswolds. Despite periods of national market uncertainty, the Cotswolds continues to stand out as one of the country’s most resilient and desirable property markets, attracting homeowners, investors, and international buyers alike. So, what underpins this enduring strength?
Why the Cotswolds Remains One of the Strongest Property Markets in the UK
A Personal Approach to Property: Client Experiences with Butler Sherborn
At Butler Sherborn, client experience sits at the heart of everything we do. Across sales and lettings, our teams pride themselves on professionalism, local knowledge and a truly personal approach. The following recent reviews from 2026 highlight just a few of the outstanding experiences our clients have shared.
A Personal Approach to Property: Client Experiences with Butler Sherborn
