With the property investment market rebounding, property prices have seen an increase of nearly 10%.The property market’s rapid turnaround caused prices to increase by 9.9 per cent in January, despite many seeing a poor outlook at the early part of the recession.

Halifax told The Daily Telegraph, that the average value of a home rose to £169,777, an increase of 0.6 per cent from the previous month of December.

Despite the good news, it is thought that the rises may not last as it is too early to tell after coming out of the recession. But it is certainly an excellent start to 2010.