Latest Property News
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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.
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Riding the Waves: What the Latest Stock Market Wobble Means for UK House Prices
With the recent stock market dip sparked by Trump’s new tariffs and fears of a trade war, it’s understandable that some are feeling jittery. Blue-chip indices have taken a hit, and headlines are screaming uncertainty — but when it comes to the UK property market, history tells a more reassuring story.
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Why Are So Many Pensioners Renting?
It might surprise you to learn that between 1 in 16 and 1 in 10 pensioners across the UK now privately rent their home from a buy-to-let landlord. That’s right—not from the council or a housing association, but from the private rental sector.
This isn't just a London or city-based trend either. Scotland tops the charts with 9.6% of OAPs renting privately, while even in the quieter corners of the country, the figures remain steady. Take a closer look at the map, and you’ll see this is a nationwide shift—one that’s catching many people in places like Frome off guard.
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Frome Property Market – The 8% ‘New Build Premium’
A Frome landlord recently asked me why the brand new property she was considering was noticeably more expensive than a similar second-hand home in the same location. It's a common question, and many homeowners and landlords in Frome have likely pondered it.
So, I decided to dig into the data to uncover the truth behind the 'new build premium'—and the latest statistics offer some fascinating insights.
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Are We Using Our Homes Wisely? The Surprising Truth About Spare Bedrooms
In towns like Frome, the number of homes with two or more spare bedrooms is striking. Across the UK, 8.9 million homes have this level of extra space—an eye-watering statistic when considering the ongoing housing crisis and the demand for family homes.
It’s a sensitive subject. Many of these larger homes belong to an older generation who have lived in them for decades, raising families before finding themselves with empty rooms. These properties were built in an era when bedrooms were more generously sized than the modern equivalents, making them highly desirable. However, for some, the rising cost of maintaining and heating such properties is becoming a challenge, especially for those on fixed incomes.
