Latest Property News
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Will Your Frome Home Actually Sell?
When a home goes on the market, not every one of them sells and the homeowner moves home. In fact, since January 2025, of the 1,236,316 UK homes that have left estate agents’ books across the UK, only 680,896 (or 55.1%) have actually sold and homeowner moved (ie exchanged and completed), with the rest 555,420 (44.9%) withdrawn unsold.
This data shows how important realistic pricing and strong marketing are, especially the further South you go. The numbers below show the percentage chance that a home has sold and completed since the start of the year:
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House Prices in the Last 10 Years
When you look at the UK property market over the last 10 years, the picture is far from uniform. Northern Ireland has seen house prices climb by an eye-watering 68%, while London has managed just 19% in the same period.
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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.
