The latest research from Halifax has revealed that flat prices have grown by 53% in the last seven years compared with growth of 39% for all property types – typically rising an average of £1,008 per month from £159,292 in Q4 2009 to £243,936 in Q4 2016. According to the data, the 53% increase in the average price of a flat is significantly greater than the 39% rise for all property types over the same period. Terraced homes have recorded the next largest increase in average prices with a rise of 43% over the past seven years, and detached homes the smallest rise (19%). A considerable proportion of the national rise in flat prices since 2009 […]