Latest Property News
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% of Retired Households
When it comes to understanding the housing market in Frome, it is not just about prices, supply, and demand. The demographic make up of different neighbourhoods plays a huge role in shaping how the property market works. One of the most telling insights is the proportion of retired households across the town.
The map above highlights where retired households are concentrated. The darker shades show areas with a higher percentage of retired households, while the lighter shades represent parts of Frome where retirees make up a much smaller proportion of the population. This variation matters because it offers clues about who is most likely to buy or rent homes in different parts of the town.
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Frome House Price Review: The September 2025 Update
Frome homeowner or landlord? Curious about the trends in the Frome property market? One measure is the average price paid for homes bought and sold in Frome in the last 12 months, on a rolling month by month basis.
Each month I like to share this figure, and whilst this figure alone will not tell you much, its trend will. My followers on social media know I write regular articles on the Frome property market. It is in those articles I expand and clarify what these monthly figures mean to you.
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The British love affair with homeownership
For generations, owning a home has been part of the national dream. It represents more than bricks and mortar, it is security, stability, and a sense of achievement. The most recent Census results underline just how strong that desire remains across the UK.
In Scotland, 63.2% of households own their homes, while Northern Ireland sits slightly higher at 65.2%. Wales leads the way with 66.1%, and in England, the South West tops the chart at 65.9%. Even in London, where affordability is at its toughest, almost half of households (45.2%) still manage to get a foot on the ladder.
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The Growth in the Number of Homes For Sale in Frome in the Last 3 Years
In the last three years, the number of homes for sale in Frome has risen by 212%. Interesting when compared to the national stats, where the stock of homes available has climbed from 478,055 to 736,333, an increase of around 54%.
On the surface, this surge nationally may look alarming. More homes on the market might feel like there is less chance of standing out as a seller. However, context is everything. If we look back to 2008, during the financial crisis, there were around 1.3 million homes for sale across the UK. Compared to that, today’s market is still tighter.
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£355 per month cheaper for First time buyers
They say you can’t have your cake and eat it too. But for many first-time buyers right now, falling mortgage rates are helping to prove otherwise.
On the average UK first-time buyer mortgage, monthly repayments are around £355 cheaper than they were three years ago. That saving can make the difference between simply scraping by and still being able to enjoy some of life’s little extras ... whether that’s a holiday, hobbies, or just breathing room in the budget.
Of course, we know that buying a home still feels out of reach for some. Yet for those who are ready to take the leap, this shift in affordability is worth knowing about.
