Latest Property News
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Do bedrooms affect the saleability of your home?
Bedrooms matter when it comes to selling your home, but not in the way you might think. According to UK Property Market data from Denton House Research, in 2024, homes with three bedrooms have the highest success rate of selling and completing, with 58.9% successfully sold compared to being withdrawn from the market. Two-bedroom homes also perform well, at 56.6%.
In contrast, one-bedroom properties struggle, with just 47.1% completing. Interestingly, larger homes with five or more bedrooms fare the worst, with only 41.2% reaching completion. Four-bedroom homes sit in the middle, at 47.9%.
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Rental Market Squeeze: Why Fewer UK Homes Are Available to Rent
Despite the overall number of rental properties in the UK remaining relatively stable—around 4.87 million in 2024 compared to 4.85 million in 2017—the availability of rental homes on the market has declined sharply in many regions. This isn't because landlords are exiting en masse, but because fewer properties are being listed as tenants are staying put longer. With rents rising due to high demand and limited supply, tenants are less inclined to move, reducing turnover and leaving fewer options for those entering the market.
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Frome House Price Review: The January 2025 Update
Frome homeowner or landlord? Curious about the trends in the Frome's 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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Are We Building Too Many Homes in Frome?
The issue of new housebuilding in the UK stirs strong emotions. Many believe their local areas are turning into construction zones, with too many homes being built, disrupting the character of towns and villages.
But is this perception grounded in reality?
The Labour government, which came into power in the summer of 2024, has set a bold target: 300,000 homes built annually for the next five years, amounting to 1.5 million new homes by the end of their tenure. This figure sounds ambitious - and perhaps a touch optimistic - when you consider that, as a nation, we've averaged only 170,000 to 180,000 homes per year over the last two decades.
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UK Regional Property Market Update: Homes Sold in 2024
The UK property market in 2024 has seen fascinating regional variations in the number of homes sold. With over 1 million homes sold across the country, understanding these differences offers valuable insights into market activity.
The broader picture of the UK’s different regions shows a diverse and dynamic market.
