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