Latest Property News
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How Many £1 Million Homes Actually Sell?
It surprises many people just how few £1 million homes actually sell. Just because a property carries a seven-figure price tag, it does not guarantee a successful move.
Nationally, across all property price bands, around 54 percent of homes sell and complete. Yet for homes priced over £1 million, the picture changes sharply.
Over the last two years, the highest success rate has been in Scotland, where 58.4 percent of £1 million homes successfully sold. This is partly due to the different legal system in Scotland, where transactions tend to be more certain once agreed.
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% of Houses Built After 1970
Frome's property market tells a fascinating story when you break it down by the age of housing stock. The map shows the percentage of homes built after 1970, giving real insight into the town’s development patterns over the past fifty years.
The grey areas represent neighbourhoods where no new homes have been built since 1970, often comprising older, more established properties with period charm and character. In contrast, the lighter yellow and orange shades highlight parts of Frome where some new housing has emerged, but growth has been more modest.
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Somerton and Frome’s £23 Million a Year ‘Rentirement’ Time Bomb
The Hidden Crisis Facing the Area’s 50- and 60-Something Renters
You’ve heard of retirement.
But what about ‘rentirement’?
It’s not a typo.
It's a ticking time bomb.
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Asking Price vs Sale Price - What Frome Sellers Need to Know
Setting the asking price is one of the most important decisions you make when selling a home.
This data reveals the average difference between the original asking price and the final sale price achieved over the past two years for UK house sales. It highlights a clear trend across the UK where most homes sell for less than their initial asking price. Yet averages only tell part of the story.
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% of homes that are flats / apartments
Not all parts of Frome are built the same — and that matters deeply when you're buying, selling, investing, or letting.
This map shows the proportion of homes that are flats or apartments across the local Frome area. Lighter areas have fewer flats, while the darker shades reveal hotspots where flats make up a significant share of the housing stock.
Why does this matter? Because different types of properties attract different types of buyers and tenants. A street dominated by apartments is likely to see more activity from first-time buyers, or renters. Meanwhile, areas with very few flats tend to attract families or long-term owner occupiers looking for more space.
