Latest Property News
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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.
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Is Frome’s Housing Market Broken for First-Time Buyers?
As we move into early summer 2025, Frome's property market paints a bleak picture—especially for first-time buyers. Headlines scream that getting a foot on the ladder is harder than ever, and for many, that feels painfully true. With the average first-time buyer deposit in 2024 hitting a staggering £61,000, dreams of homeownership are slipping further out of reach.
Soaring rents and the ever-rising cost of living have created a perfect storm. Young buyers are told to save more, spend less, and be patient—advice that rings hollow when house prices continue climbing faster than salaries. For many in Frome and beyond, the idea of owning a home now feels more like a fantasy than a future plan.
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UK Regional House Sales Continue to Climb in 2025
There’s strong momentum in the UK housing market, with the number of homes going under offer (sale agreed) from January to April 2025 up across most regions compared to the same period last year. This points to rising buyer confidence and a market that continues to move, making it of particular interest to anyone in and around Frome considering a move this year.
Here’s how each region has performed in terms of year-on-year percentage growth in homes sold subject to contract:
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6 Reasons Why the Interest Rate Cut Is Good News for the Frome Property Market
The Bank of England has just reduced the base rate by 0.25%.
But what does that really mean for the Frome housing market?
Here are six reasons why this is good news for homeowners and landlords.
