Average Price for property in Frome is around £254,775 which varies based on type of property you are interested in and ranges from £397,000 for detached house to around £238,056 for semi-detached. Similarly terraced house is around £206,452 and a flat is worth £132,903. Values have been changing and have risen £4,677 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,014 in last 6 months, £24,676 in last 1 year, £31,638 in last 2 years, £34,009 in last 3 years, £37,250 in last 4 years and £39,188 in last 5 years.
Currently average asking price of a property in Frome is around £307,816 based on approximately 522 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £923 per month.
Estimated property value in Frome is £254,775. Average asking price is £307,816 while average price paid is £225,421 which is up by £24,676 and Avg. asking rent £923.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Frome area. In last 1 year alone average price buyer paid is around £225,421 based on approximately 522 sales in Frome area alone. If you compare it to last 3 years sales of 1,580 properties where buyers paid around £210,714. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £209,843 for 2,552 and average amount paid for purchase of approx. 3,378 properties sold in last 7 years comes to about £204,929 per sale.