Latest Property News
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House Sales Surge in Early 2025 Compared to 2024
There’s positive news for the Frome housing market, with a noticeable increase in the number of homes going under offer/sale agreed in the first quarter of 2025 compared to the same period in 2024. Across nearly every region of the UK, sales agreed (sold subject to contract) have risen, indicating growing buyer confidence and strong market activity.
Here’s a breakdown of sales agreed in Q1 2025, along with the percentage growth versus Q1 2024:
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Average Change in Rents Over the Last 10 Years
Over the past decade, the rental market in Frome has experienced some fascinating changes. This heat map shows the average change in rents across the town over the last 10 years, with lighter colours representing areas of more modest rental growth, and the deeper reds highlighting locations where rents have risen most sharply.
These shifts are driven by a mixture of factors: tenant demand, availability of rental homes, local investment, and broader changes in the property market. As a Frome landlord or investor, understanding these patterns is crucial — not only to maximise rental returns but also to make informed decisions when buying, selling, or restructuring your portfolio.
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More Homes For Sale Than A Year Ago - Good news for Frome homebuyers!
There are more homes available to buy across the UK this March compared to last year – offering greater choice and opportunity for those looking to make a move in 2025.
Here’s how the increase in homes for sale stacks up by region:
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Frome: Homes Owned with a Mortgage – A Localised Snapshot
This visual map of Frome highlights the varying proportions of homes in different parts of the town that are owned with a mortgage or loan. The darker the shade, the higher the percentage of homeowners in that area still repaying a mortgage. Conversely, the greener areas indicate a lower proportion of homes without a mortgage.
It’s important to note that just because an area is green, it doesn’t necessarily mean most residents own their homes outright. These areas may have a higher number of social rented properties (typically owned by housing associations or the local authority), or a significant presence of private rental accommodation. Some of these homes may indeed be owned outright, particularly by older residents who’ve paid off their mortgage.
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Frome Q1 2025 Property Market Report
Understanding what is really going on in the Frome property market is key to cutting through the noise and seeing the true picture–both locally and nationally. Despite the near constant doom and gloom headlines predicting a housing crash since September 2022, the statistics tell a very different story. The British property market–and Frome in particular–is holding up remarkably well.
So, let’s investigate those property market stats, starting with the life blood of the housing market – new properties coming on to the market.
