Residential property worth double that of 10 years ago - Halifax

Property in regions such as the South East and London appears to have more than doubled over ten years while all regions of the UK have seen housing assets increase by at least 85%. In particular, data reveals housing stock was worth a total of £1.1bn just ten years ago, says Halifax, but the huge leap is partly because the Greater London region has seen its property values climb 247% in the last 10 years while Scotland has seen an increase of just 87% over that same period. As expected, the evidence suggests house prices have grown substantially faster than the retail price index as ...