De­tached homes lead price rise

Yorkshire Post - Property - - PROPERTY -

The av­er­age price of a de­tached fam­ily home has risen by more than any other prop­erty type over the past year, ac­cord­ing to re­search by Hal­i­fax.

The bank says that own­ers of de­tached prop­er­ties have seen the value of their home in­crease by £91 a day over the past year with the av­er­age price ris­ing by 13 per cent from £266,060 in 2009 Quar­ter 2 to £299,295 in 2010.

Semi-de­tached home­own­ers are the biggest prop­erty win­ners over the past decade.

Semi-de­tached prop­er­ties recorded the largest av­er­age price in­crease (111 per cent) since 2000; marginally higher than for ter­raced prop­er­ties (110 per cent) and bun­ga­lows (109 per cent). Flats were the only prop­erty type not to dou­ble in value over the last 10 years with an 81 per cent av­er­age in­crease.

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