House prices start year 7.9% up – Halifax
- The average UK property was worth £179,872 at the end of February, the lender reported.
- This figure was 2.4% up on the previous month and the December to February three month average was 7.9% higher than the same period a year ago.
- Despite the rise Halifax said the average house price was still around 10% below its pre-crash peak in August 2007.