Over the last decade the price of flats has risen much
faster than the price of houses, according to research for the Halifax. While
flats have risen by 60% in value over that time period, the average house has
only gone up by 34%, it said. Detached homes have seen the smallest price rise,
at 21%.
At the same time the Halifax said the rise in UK house
prices in the year to September slowed to 8.6%, from 9% previously. Between
July and September, prices went up by 2% compared with the previous quarter.
Read more on the Halifax website.
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