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House prices rise by smallest increase on record

Local News by Susie Watkins 20th Feb 2023  
Spring is typically the best time to sell houses
Spring is typically the best time to sell houses

The average asking price for a UK home rose by just £14 in February, according to property website Rightmove - the lowest increase for the month since its records began in 2001.

According to its website, Frome had an overall average price of £337,797 over the last year.

The majority of sales in Frome during 2021, when Rightmove last recorded local sales, were terraced properties, selling for an average price of £314,579. Semi-detached properties sold for an average of £338,611, with detached properties fetching £504,682.

According to Rightmove - the average asking price for a home across the UK is now £362,452.

     

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