Latest Property News
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The October Property Market Slips… But Don’t Be Fooled
The number of UK homes sold subject to contract in October 2025 slipped 2.6% compared with October 2024, falling from 114,275 to 111,314. It is the kind of statistic that grabs attention, and some will no doubt use it as proof that the market is softening.
London carried most of the decline, down 11.7% overall. When London is split down, Inner London dropped 14.1% and Outer London 8.9%. However, as number of house sales in London only represents a small portion of the national home sales, meaning that even sharp London falls barely dent overall UK figures. (Inner London house sales went from 7,065 in October 2024 to 6,070 sales in October 2025 and Outer London went from 5,031 house sales in October 2024 to 4,620 in October 2025.)
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Frome House Price Review: The October 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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Did you know there are five homes in the UK called “Halloween”?
Three more even go by “Halloween Cottage.”
You’ll find them in places like Norwich, Southampton, Bristol, Leatherhead and the Cotswolds. Imagine the postman’s face every October when he has to deliver there.
What’s fascinating is how a name instantly changes the feeling we have about a property.
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Rents % change since 2016
Across the UK, rents have climbed sharply since 2016, though not everywhere has kept pace with inflation, which stands at around 38% over the same period. The map shows just how varied the growth has been, revealing a fascinating north-south divide in the rental market.
Leading the pack is the North West, where rents have rocketed by 64.1%. Close behind are Scotland at 52.2% and the South West at 48.3%. The East Midlands follows with 46.2%, then Wales at 44.4%, and Northern Ireland at 41.1%. In the middle of the table are Yorkshire & the Humber with 36.2%, and the West Midlands at 35.1%.
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% of homes that are detached in Frome
In Frome, as in most parts of the UK, the mix of property types tells the story of the town itself. From compact flats close to the centre, to terraces and semis lining the suburbs, right through to detached homes offering space and privacy, each style has its own appeal.
