Dursley’s Property Market in 2024 and What to Expect in 2025
As Christmas lights twinkle across Dursley and the surrounding villages, the property market begins to quieten, giving everyone a chance to pause and reflect. From the hustle bustle of Dursley’s High Street to the rolling hills of the Cotswold escarpment, this part of Gloucestershire remains a popular location for buyers and sellers alike. As we round off 2024, we’re excited to share a snapshot of the year gone by and our optimism for what 2025 has in store.
2024: A Great Year for Dursley and the Surrounding Villages
This year has been a positive one for the property market in and around Dursley. The area’s excellent schools, good transport links, and picturesque countryside continued to attract families, professionals, and retirees alike.
Highlights of the 2024 property market include:
- Demand for Village Living: Homes in villages like Cam, Uley, and Coaley remained highly sought after, especially among buyers looking for countryside living with easy access to Bristol, Gloucester, and Cheltenham.
- Community-Driven Sales: Many of our clients commented on the strong sense of community in Dursley and surrounding areas – a factor that continues to make this market unique.
The October Budget and Its Local Impact
The government’s October budget brought some clarity to the housing market. Support for first-time buyers were particularly well-received in Dursley, where affordability plays a key role in attracting younger families. Additionally, the emphasis on sustainable housing and energy efficiency aligns well with the area’s carbon neutral goals.
What to Expect in 2025
As we move into the new year, the Dursley property market looks set for a promising 2025. Here’s why:
- House Prices Expected to Rise: Continued demand for well-connected rural living is likely to support modest price increases in Dursley and nearby villages.
- Reduction in interest Rates: Lower borrowing costs make mortgages more affordable, encouraging first-time buyers and movers to take the leap into homeownership. This increased activity is likely to boost demand, supporting house prices and providing renewed confidence for both buyers and sellers as we move into 2025.
- Sustainability in Focus: Buyers are increasingly looking for eco-friendly upgrades, and the budget’s incentives for energy-efficient homes will likely encourage further interest in properties in need of renovation.
Preparing for Your Next Move
For sellers, the Christmas period is a great time to plan. From small renovations to perfecting your home’s presentation, now is the time to prepare for the busy January market. For buyers, it’s an excellent opportunity to start researching and getting your finances in order, as we expect the new year to bring renewed activity.
Thank You, Dursley!
2024 has been a fantastic year, and we’re so grateful to all our clients and the local community for making it so rewarding. Whether it’s helping families find their dream homes or assisting with first-time purchases, it’s been a joy to play a part in your property journeys.
From all of us at Bennett Jones, we wish you a wonderful Christmas and a prosperous New Year. Here’s to an exciting 2025 in Dursley’s property market – and we look forward to helping you every step of the way!
Thinking about buying, selling, or letting in Dursley or the surrounding areas? Our team is here to help you make the most of the market. Get in touch today to start planning your next move.
