Demand for more space drives surge in price of detached properties

A surge in buyer demand for larger properties has caused a rise in the price of detached properties according to the latest research from Halifax. (Please click or tap the picture to find out more)

Analysis based on data from the Halifax House Price Index found that the cost of the largest types of properties in the UK has risen at more than twice the rate than for the smallest homes. Looking at changes in price since March this year, through the period of lockdown and over the summer into September, prices for typical UK detached properties increased by over 5%.

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Source: Property Wire

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