Detached homes face the biggest energy costs due to lack of efficiency and in need of upgrades as we face a rise in the fuel energy cap.
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The average value of detached homes has increased at twice the rate of smaller properties to £425,000 with a surge in buyer demand.
Strong bounce back in demand this year up 50% on usual levels as buyers search for more space in cities and suburbs as offices reopen.
Cash accessed using equity release increased 24% last year as homeowners benefit from rising property value to meet living costs.
Towns with the highest house price growth in 2021 have seen values rise as much as 21.8%, three times higher than the national average.
You need to pay almost £29 million to live on the UK’s most expensive street and all the top ten are located in London.
Higher demand has seen house prices rising 6.9% in the last year following the Covid lockdown with prices starting to ease.
People are distracted with the festive period and lower house prices in the pre-Christmas lull offer buyers many property bargains.
Record sales of 1.5 million homes are expected for this year and the strongest house price growth in 2022 will continue in regional markets outside London.
After the end of tapered stamp duty demand for property is historically high with low supply pushing house pieces to new highs.