“There’s an air
of confidence
in the market,
but people have
to be realistic
with their
guide price”
have been working abroad and are now country, however, the area is suffering
looking for a UK home in the country. from a lack of supply of good stock.
Focus on
“The Cotswold market, similar to other “Quality property which is priced
parts of the country, had a quiet winter sensibly is still selling, but there’s a
Shropshire’s appeal
and a slow start to the year with very few distinct lack of quality,” says Toby
deals happening or quality houses com- Cockcroft of Savills, Harrogate. At
ing to the market,” says Luke Morgan, of the prime end, the market has only
Savills Country Department. just got in gear with the number of
Belinda
“Since Easter, however, buyers have properties between £3 million and
Hutchinson-Smith
started to come out of the woodwork £4 million slowly increasing.”
Savills, Telford
where value is identified. This is bringing Recent sales in the region include a
“I’m quietly confident that there
confidence back to the market and in a beautiful Grade I listed house, which
is sustainable movement in the
number of cases this year has resulted in formed a significant proportion of
market. While there is a shortage
competition. The same criteria of idyllic Kirklees Hall in West Yorkshire, and
of good houses for sale, those that
countryside and villages, together with achieved the guide price of £1.1 million.
are, and have no apparent blight,
excellent shooting and easy access back An elegant townhouse in Harrogate
are attracting considerable interest.
to London are key factors in the also sold recently for close to the
For instance, the Old Vicarage at
decision making process in choosing asking price.
Ash Magna (see panel left), North
the Cotswolds,” Morgan continues.
Shropshire, holds great appeal.
“We have started to see overseas An air of confidence
It’s a late Georgian property which
buyers returning to the UK from Europe “We’re still working in tough times but
stands in the most glorious
and the US. The exchange rate as well as there’s an air of confidence in the market,”
position and offers stunning views.
the market correction has meant that the says Cockcroft. “We can see it moving in
“As a result of the downturn,
Cotswolds, where houses are priced a positive fashion, but people have to be
I feel many people have re-evaluat-
accordingly, are being perceived as value realistic with their guide price.”
ed their priorities and are coming to
by these buyers.” The message from around the country
Shropshire looking for a new
is the same – quality and accurate pricing
lifestyle. Beautiful countryside,
The golden triangle are the keys to success. “Read the national
excellent schools, good rail and
Premium properties will sell well in the press and you’d think the market has
road links and a gentler approach
current climate but are in short supply. disappeared and that’s not the case,”
to life all exert a powerful pull.
In Yorkshire’s ‘golden triangle’, between says Christie-Miller. “The challenge is
Not to mention that property in
Ilkley, Harrogate and York, the Yorkshire to give sellers the confidence that there
Shropshire still looks very good
Dales and North Yorkshire villages is a market and that there are plenty of
value for money.”
remain popular. Like much of the buyers for good properties.” n
savills ultimate property collection 75
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