Feb 07, 2023 by HM

House prices in Frome (BA11 1)

This article reveals price per square metre data and various charts to help you understand current housing market in Frome (BA11 1).

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Price per square metre

Knowing the average house price in Frome is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 2, Wine Street, Frome, sold for £346,500 on Oct-2023. Given the internal area of 85 square metres, the price per sqm is £4,076.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 206 sales in Frome (BA11 1) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Frome (BA11 1). Of the 206 transactions, half were sold for between £3,010 and £4,160 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,160m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BA11 1' is £3,660. The table below shows how 'BA11 1' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BA11 6 Rode	£3,630m2	£4,320m2	£4,740m2
BA11 2 Frome	£3,570m2	£4,060m2	£4,550m2
BA11 4 Frome	£3,390m2	£3,770m2	£4,360m2
BA11 3 Frome	£3,310m2	£3,810m2	£4,320m2
BA11 5 Frome	£3,270m2	£3,760m2	£4,250m2
BA11 1 Frome	£3,010m2	£3,660m2	£4,160m2

Will Frome house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for BA11 1 (Frome). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BA11 1 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Frome and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Frome data or any other data I am given.

Price map for Frome

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Frome. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

House price heatmap for Frome

Street level data

Street	Avg size	Avg £/m2	Recent sales
Park Road, Frome, BA11 1E	61m2	£2,646	25
Keyford, Frome, BA11 1J	81m2	£3,548	19
Portway, Frome, BA11 1Q	91m2	£2,951	18
Butts Hill, Frome, BA11 1H	104m2	£3,025	16
Locks Hill, Frome, BA11 1N	135m2	£3,496	15
Victoria Road, Frome, BA11 1R	99m2	£3,427	14
Catherine Street, Frome, BA11 1D	91m2	£3,209	13
Christchurch Street East, Frome, BA11 1Q	96m2	£3,027	13

Search for your street here.

Raw data

Our analysis of Frome is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	m2	£/m2
2, Wine St, Frome	£346,500 Oct-2023	85	4,076
22, South Parade, Frome	£410,000 Sep-2023	104	3,942
15, Butts Hill, Frome	£412,000 Sep-2023	168	2,452

See the entire list of all sales in Frome (BA11 1) here.