Properties in Frome

The rental property market is on the brink of a significant shift, one that will undoubtedly cause concern among landlords across the UK. The new Labour government has made clear its intention to raise the minimum energy performance standards for rental properties, a move that could have far-reaching implications for both landlords and tenants alike. The proposed change, which would see the minimum Energy Performance Certificate (EPC) rating for rental properties increase from E to C by 2030, has sparked a mix of anxiety and uncertainty within the property sector.

The new regulations are part of Labour's broader commitment to combat climate change and enhance energy efficiency across the nation's housing stock. Yet this step isn't the first foray by a government into improving the energy efficiency of the U.K.'s private rental homes.

This month's ONS Heat map provides an intriguing look at the distribution of three-person households across Frome.

The darker shades of blue on the map indicate areas with a higher percentage of three-person households, while the lighter shades towards green show areas with a lower percentage.

Are you a Frome homeowner? Are you thinking of moving home in the next six to twelve months?

Whether you're aiming to buy your dream Frome home or sell a beloved property, grasping the current market dynamics is crucial.

In recent years, the European residential mortgage market has experienced significant fluctuations, reflecting broader economic trends and local housing dynamics.

By examining both the total mortgage lending and the average lending per capita from 2019 to 2023, we gain a deeper understanding of the property market's impact on individual citizens and the overall economy of each country.

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.

The King's Speech at the State Opening of Parliament sets the agenda for the government's priorities. This year's speech, delivered by King Charles, is the first from a Labour government since 2010 following the recent general election.

With 30+ bills highlighted, there are significant plans, though nothing particularly groundbreaking or seismic for Frome homeowners or landlords.

Our latest heat map provides a detailed view of Frome's property market, illustrating the percentage of homes valued below the national average price of £281,000 in the different neighbourhoods and areas of the town and surrounding area.

This visualisation not only helps prospective Frome buyers understand where more affordable homes are located but also provides sellers with insights into current market conditions in their locality. 

The length of time it takes to sell a property is a crucial indicator of the health of the property market. This metric can provide insight into supply and demand dynamics, the efficiency of estate agencies, and overall market confidence.

For Frome homeowners and investors alike, understanding these trends can inform better decision-making. When properties sell quickly, it often reflects a strong market with high demand, whereas longer sale times might suggest a surplus of properties or decreased buyer interest.

As an estate agent in Frome, we are dedicated to understanding the unique aspects of our local community.

Using data from the Office for National Statistics and the 2021 Census, this heat map illustrates the percentage of working residents in different areas of Frome who work more than 49 hours per week.

This week's property highlight is a beautifully renovated and extended Victorian home on Nunney Road, Frome.

Priced at £1,150,000 and on the market with Rivendell Estates, this seven-bedroom family residence combines historic charm with modern convenience, offering expansive living space, a private garden, and ample off-street parking.