![the monthly mortgage payments that first-time buyers in Frome need to make today are significantly lower as a proportion of their take-home pay compared to 1989. the monthly mortgage payments that first-time buyers in Frome need to make today are significantly lower as a proportion of their take-home pay compared to 1989.](https://storage.googleapis.com/nub-news-files/nub-news-file-storage/573040/conversions/text-category.jpg)
It might surprise many that, despite significant inflation over the past few years, buying a house today is still more affordable as a percentage of take-home pay.
The average value of a typical Frome first-time buyer property has surged by 318.1% since 1989 (35 years ago), reaching £309,600 in 2024. So, the title of this article sounds wrong.