Northern Ireland house prices rise by 3.5% in a year

By Clodagh Rice
BBC News NI Business Correspondent
14 August 2019

The average house price in Northern Ireland between April and June was £136,767

House prices in Northern Ireland between April and June were 3.5% higher than the same time last year.

The average house price in Northern Ireland between April and June was £136,767, according to the Northern Ireland Statistics and Research Agency.

That is 0.8% higher than the first quarter of the year.

The lowest average house price was £120,226 in Armagh City, Banbridge and Craigavon and the highest was £163,466 in Lisburn and Castlereagh.

Mixed picture on NI house prices

Price growth also varies across different parts of Northern Ireland.
For example Newry, Mourne and Down saw prices rise by 4.7%, whereas Fermanagh and Omagh saw the biggest decrease, with prices down 1.5%.

The type of property also affects price growth.
For example, detached, semi-detached and terraced properties all saw prices rise since the start of the year.

The only type of property that saw prices fall was apartments, down by 0.3%.
Five thousand two hundred and ten residential propertie