Latest Property News
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% of homes that are Semi-Detached
With 27.4% of homes in Frome being semi-detached, this property type has long been a staple of most British towns and cities. Across the UK, the proportion of semi-detached properties varies significantly by region:
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New Home Prices 2024 by Region
The UK property market continues to showcase the significant role new homes play, contributing to nearly one in every five house sales annually.
In 2024, the average price paid for a new home across the UK was £505,978, reflecting a strong demand for modern, energy-efficient properties.
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£ per square foot December 2024
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 December's £/sq.ft statistics.
The average property presently in Frome is on the market for £348 per square foot, a figure representing the current heartbeat of Frome's property market.
Last month it was £358 per square foot.
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The 2024 Frome Property Market:
An analysis of last year’s property market and what will happen in 2025?
As an experienced estate and letting agent based in Frome, I like to monitor the UK and Frome property market trends.
Therefore, I will start by analysing the 2024 property market (both nationally and locally) and then give my predictions for 2025.
In 2024, the UK property market recorded 1,230,136 homes sold subject to contract (stc). This figure represents a significant increase compared to 2023, where only 1,066,212 properties were sold stc.
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Frome House Price Review: The December 2024 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 we like to share this figure, and whilst this figure alone will not tell you much, its trend will. Our followers on social media know we write regular articles on the Frome property market. It is in those articles we expand and clarify what these monthly figures mean to you.
