Latest Property News
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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.
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The Humble Terraced House: A British Favourite
With 6,196,793 terraced homes across the UK—making up 23.2% of all properties—the terraced house has long been a staple of British living. From classic Victorian rows to modern townhouses, these homes have stood the test of time, offering charm, character, and practicality.
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£ per square foot March 2025
Welcome back to news of Frome's property market, where each week I bring you different local property market stats and trends. This week I am back again with the March’s £/sq.ft statistics.
The average property presently in Frome is on the market for £353 per square foot, a figure representing the current heartbeat of Frome's property market.
Last month it was £352 per square foot.
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Understanding Rental Yields in Frome
This map provides an insight into the average gross yields for rental properties in Frome.
The darker areas indicate higher yields, while the lighter areas represent lower yields.
Generally, there is an inverse relationship between rental yield and property value—properties with lower capital values often generate higher yields, whereas higher value properties tend to have lower returns on the yield.
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Will Your Home Sell? The Stats Every Frome Homeowner Needs to Know
Over the past 12 months, 1,579,728 homes have left the UK estate agents books. Of these, just 870,498 properties (55.1%) successfully reached exchange and completion (ie the homeowner moved) – meaning that 44.9% (709,230 homes) were withdrawn unsold.
However, the likelihood of selling varies significantly depending on where you live. Northern Ireland leads the way with an 82.4% success rate with London, however, siting at the bottom of the table, with just 41.5% of homes completing.
