Detached homes lead price rise
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.