Belfast Telegraph

Sunday 21 December 2014

House prices in Northern Ireland rise for first time in five years

Northern Ireland's Most Desirable homes <b>4,000sq ft towered chateau on eastern slopes of Slieve Gullion: Killeavy Castle, Slieve Gullion
Northern Ireland's Most Desirable homes 4,000sq ft towered chateau on eastern slopes of Slieve Gullion: Killeavy Castle, Slieve Gullion
Northern Ireland's Most Desirable homes 4,000sq ft towered chateau on eastern slopes of Slieve Gullion: Killeavy Castle, Slieve Gullion 40 Home with heritage: Loughgall House, 19 Main Street, |Loughgall,
Northern Ireland's Most Desirable homes 4,000sq ft towered chateau on eastern slopes of Slieve Gullion: Killeavy Castle, Slieve Gullion 3Manor born style: 17b Glen Road, Cultra,
Northern Ireland's Most Desirable homes 4,000sq ft towered chateau on eastern slopes of Slieve Gullion: Killeavy Castle, Slieve Gullion Carbon neutral house: 5a The Esplanade, Holywood
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37 Downton-esque house: 2 Downshire Road, Bangor, £585,000, Pinkerton Murray, tel 9147 9393
There is plenty of period grandeur in this home, built in 1905. It has six bedrooms, including a master bedroom with en suite shower room and dressing room as well as a bay-fronted formal living room. There is also a handmade solid wood kitchen with granite worktops and an Aga with a butler’s pantry and reclaimed cast iron radiators in the hallway.

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36 Trendsetting and high spec: 5 Demesne Park, Holywood, £450,000 Whelan, tel 9044 7144
This four bedroom, three reception room family home is ultra modern inside and out. The interior has been finished out to a very high degree with a solid oak staircase, solid oak flooring and porcelain and mosaic glass tiling. There are also fantastic views over Belfast Lough as far as the Antrim hills.
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35 Period home with coach house: Westmount House, 2 Belfast Road, Newtownards, £595,000, Rodgers & Browne, tel 9042 1414
You get more than a characterful abode at this address, but a matching stone coach house with a walled courtyard too. Dating back to 1904, this historic home is believed to have been owned by a well-known family who ran the local paper mill. Expect period details here with high ceilings, moulded door frames and skirtings among other things.

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34 Georgian style: Riverdale Manse, 29 Braeside Gardens, |Killyleagh, £359,950, John Minnis, tel 9042 8888
Elegant 19th century Georgian abode with a coach house just a short stroll from Killyleagh Castle. With original features still intact, such as high corniced ceilings, windows and solid wooden flooring, this house is full of character. The Grade I listed building has been lovingly restored to add some 21st century creature comforts, but with a traditional feel.

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33 Glass elevator: 17 Fort Road, Ballylesson, Belfast, £695,000, Templeton Robinson, tel 9066 3030
An architect-designed house in a modern style but with a countrified setting. Built with locally-quarried stone, this luxury abode has an open plan feel and boasts features such as a glass elevator and geothermal heating.
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32 Swimming pool annexe: 24 Trenchill Road, Ballyclare, £875,000 Country Estates, tel 9334 0726
This modern family home just outside Ballyeaston village has 5,500 sq ft of space, with separate swimming pool and jacuzzi, all set in just over an acre of landscaped gardens. With three-receptions, four-bedrooms, main bathroom, en suite dressing and shower room, as well as a basement leisure suite and a double garage, this is luxury living.

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31 Magazine-style interiors: 30 Holborn Hall, Lisburn, £385,000 Fred Dalzell, tel 9266 6638/Templeton Robinson, tel 9066 3030
This bespoke detached home with five-bedrooms, three en suites and three receptions has an exclusive cul-de-sac location which is situated just minutes away from Lisburn city centre. And it’s a high-spec home bristling with beautiful features and exceptional decor throughout. Expect an open lounge with a double-sided living flame fire, a bespoke kitchen with Bosch appliances, family bathroom and ground floor wet room as well as walnut flooring, porcelain tiling and solid American walnut doors, skirtings and architraves throughout the property.

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30 Gentleman's residence: 114 Church Road, Holywood, £500,000, John Minnis, tel 9042 8888
This handsome red brick five-bedroom, three-reception townhouse is full of period charm. And it’s perfect for a family with a ground floor cloakroom, marble fireplace, separate family room, modern kitchen, a Victorian-style bathroom, separate additional loo and a concealed staircase to a teenagers’ floor or home office.

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29 Historic dwelling: Cherry Tree Cottage, 29 Chimera Wood, Helen’s Bay, £450,000, John Minnis, tel 9042 8888
This large extended cottage which dates back to the 1830s is beautifully presented. Features include a wooden floor, cornicing, natural brick fireplace, original ceiling beam and maple wooden flooring. There is an L-shaped drawing room, kitchen/living/dining, utility room, lounge, dining room, master bedroom suite, study and bathroom.

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28 Cute cottage: 200 Windyhill Road, Coleraine, £199,000, Benson’s, tel 7034 3677
A recently-renovated three-bedroom detached home with a smallholding in an area of outstanding natural beauty. Surrounded by five acres of rolling countryside, there are outstanding views and access to Sconce Hill Walk. This would suit those with equestrian interests and is a possible holiday let cottage (subject to OPP).

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27 Stone built mansion: 95 Crankill Road, Ballymena, £950,000, Templeton Robinson, tel 9066 3030
A magnificent landmark home with 6,000 sq ft of living space which includes five reception rooms and five bedrooms. The one-off property has en suites galore as well as a guest suite, Porcelanosa tiling, a two-storey garage block with five remote-controlled doors and a paddock.
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26 Smart new builds: House type B1, 20 Majors Bridge, Lisnaskea, £90,000, BTWCairns, tel 9066 8888
This four-bedroom townhouse with its architecturally-pleasing exterior has a bespoke luxury kitchen, modern sanitary ware with partial-tiling and double-glazing. An impressive setting near Lough Erne coupled with superb design make this scheme anything but the norm.

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25 Amen to style: Former Tattykeeran Church, Tattykeeran Road, Tempo, £450,000, Templeton Robinson, tel 9066 3030
Once a church, this place of worship has been restored and extended to create a truly unusual home. The original exterior is intact while inside is now a modern home with living and studio space, a four-bedroom sleeping wing and a calming Japanese garden. Interesting features include an original mosaic tiled floor and solid Irish oak doors.

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24 Cavernous city home: Thornlea, 36 Ballyhanwood Road, Gilnahirk £650,000, John Minnis, tel 9042 8888
With 5,000 sq ft of palatial living space, this five-bedroom, three en suite, four-reception room house sits on a 1.5-acre site in east Belfast. Despite its city address, though, the private mature grounds give it a semi-rural feel. And there are some glam features such as a cinema room, a large snooker room and a marble fireplace in the dining room.

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23 BT9 bolthole: 23 Malone Park, Belfast, £1,500,000, Gerry O’Connor, tel 9066 2366
This fabulous double-fronted Victorian detached house at a coveted Malone address has ample room for a family, with eight bedrooms and five reception rooms. Expect loads of period grandeur here with high ceilings, cornicing and a picture rail as well as original details such as pine doors and much more.

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22 North Down mansion: 5 Cultra Park, Holywood, £1,150,000, BTWCairns, tel 9042 8989
With yacht clubs and the stunning North Down coast for neighbours, is it any wonder property in Cultra comes at a premium. And this home is no exception with its impressive brick pillared entrance to a magnificent five-bedroom, two en suite, four-reception abode. This is a prestigious address due to its proximity to the coast.

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21 Cottage and former barn: Ballywooley Cottage, 175 Crawfordsburn Road, Crawfordsburn, £595,000, Rodgers & Browne, tel 9042 1414
An unusual cottage in a truly scenic address in north Down with four bedrooms and three reception rooms... but you also get a converted barn here too. The main residence has been a family home for over 30 years and is unlike any other house in Northern Ireland due to its layout and characterful features. With an apple orchard out back as well as timber decking and terracing, this is a really idyllic spot. Just gorgeous!

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20 Architect-designed home: Templepatrick
This private family home, which was designed by award-winning Warwick Stewart Architects in Templepatrick, blends in with the mature site while retaining individuality. Tom McClelland, RICS Northern Ireland residential spokesman, described this beautiful home as “surrounded by nature, respecting the past, with a modern interpretation of architectural values”.
19 Family-sized new build: Quoile House, 2 Ballycrochan Avenue, Bangor, £348,950, Lough & Quay, tel 9072 7676/Pinkerton Murray, tel 9147 9393
With four bedrooms, this well-appointed home has family-sized accommodation with solid oak floors, a fully converted self-contained annexe and off-street parking for six cars.
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18 New homes on historic estate: Ferry Quarter Development, Strangford, From £185,000, BTWCairns, tel 9066 8888
This 17-acre estate, which was originally owned by the Marquis of Londonderry, will accommodate 20 new build homes. The new properties will have a housing mix and will be set among original features such as the water tower, a walled kitchen garden along a wooded parkland, all on the shores of the lough with fabulous views across the Narrows.

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17 A beach beauty: Knockinelder House, 4 Kearney Road, |Portaferry, £525,000, Michael Dunn, 4488 1677
Award-winning architect Des Ewing says: “I have cycled past this house and had to stop. It is plain, symmetrical, simple but very beautiful. Its setting with clear views over the beach and Irish Sea beyond certainly add to the appeal but I think the house is a classic. It has the farmstead from which we all can relate to in this country.”

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16 Shoreside abode: Bullybanks, 18 Ailsa Road, Holywood, £1,795,000, BTWCairns, tel 9042 8989M
With panoramic views over Belfast Lough, this five bedroom mansion is an immaculate home with top notch features throughout such as full height doors, rear terraces, a hand-built kitchen, minstrel gallery and a master bedroom suite. Expect cavernous accommodation with amazing coastal views and boutique-style features.

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15 Modern barn conversion: 5 Stockbridge Lane, Donaghadee, £375,000, Templeton Robinson, tel 9145 1166
The innovative design here involves a modern styling of barn conversion. The result is a stylish four-bedroom home with American red oak flooring, Italian porcelain polished tiling, a German bespoke fitted kitchen, quartz worktops and designer appliances. With Duravit sanitary ware throughout and high ceilings, this is a very desirable home.
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14 Designer city pad: 46 South Parade, Belfast, £249,950, Samuel Dickey, tel 9065 2211
South Parade is an enviable address and this townhouse has had the Suzanne Garuda treatment so it is dripping in luxury. It has had beautiful period details preserved, while the rest of the property has been brought into the 21st century. Expect a high- spec kitchen with appliances, trendy bathrooms and landscaped gardens.

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13 Luxury and efficiency: Cainkirn House, 139a Ballinlea Road, Ballymoney, Price on application, McAfee, tel 2766 7676
This Ballymoney home at a covetable address has the unusual combination of luxury and energy efficiency, with a B rating. The bay-fronted abode is also lavish with a home cinema, a bespoke kitchen, two master bedroom suites with his and hers dressing rooms and three further bedrooms. There are also marble tiled floors and a fountain.

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12 Stately elegance in a modern home: 23 Cultra Avenue, Holywood, Price on request, Rodgers & Browne, tel 9042 1414
This grand-looking house is warm and welcoming inside. As there are four bedrooms, bathroom, en suite shower room and shower room it's great for a family while a stunning orangery is ideal for enjoying views over the lovely mature garden. With a home office studio of 1,000sq ft separate from the main residence, this home has something extra.

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11 Converted historic watermill: The Watermill, Main Street, Crawfordsburn, £1,200,000, John Minnis, tel 9042 8888, BTWCairns, tel 9066 8888
A historic former watermill set in a really picturesque part of Crawfordsburn. There are five bedrooms, three of which are en suite, remote controlled entrance gates and your own waterfall. This home is also capable of generating its own electricity. Features on the inside include solid wooden flooring, a large stone fireplace, double height ceilings and exposed beams.
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10 Magazine-style interiors: 42 Mill Road, Saintfield, £139,950, Michael Chandler, tel 9045 0550
This trendy three-bedroom semi-detached Saintfield home has a charming location and is immaculately presented. It is a good example of a modern mews home with bright accommodation and amazing features. Expect a cherrywood kitchen with open plan dining, large lounge with open fire, master bedroom en suite and luxury family bathroom with modern tiling.

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9 Trendy and turnkey: Holly Lodge, Hillhall Road, Lisburn, From 375,000, Templeton Robinson, tel 9066 3030
An impressive development of only four detached turnkey family homes backing onto stunning uninterrupted views of the surrounding countryside. Each abode has been finished to a high standard both inside and out at an enviable address. Exclusive, trendy and very well-appointed, these new builds have lifted the market standard to a new high.

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8 Grand designs home: 59 Craigdarragh Road, Helen's Bay, £985,000, John Minnis, tel 9042 8888
With an exclusive Helen's Bay address, this 5,000 sq ft house has four bedrooms including an outstanding master bedroom with en suite. The best feature here is the spectacular site with fantastic views to Belfast Lough and beyond. Live in the lap of luxury here with a gas ribbon fire, cathedral-style roof to the dining room, walnut wooden floors, a fitted ultra modern-kitchen with gloss units and integrated appliances, a crow's nest office, shower room and two other en suites.

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7 Designer trapping: 18 Ashley Gardens, Bangor, £425,000, Michael Chandler, tel 9045 0550
A four-bedroom home where no expense has been spared with a garage converted to a children's play room complete with carpet, heat and its very own loo as well. Features here include salvaged saloon doors which were fully restored and lots of finishes with a natural feel, such as solid oak staircase, stone floors, granite worktops and Crown Wood solid kitchen with an Aga. Every room has been finished to the ninth degree with carpeting, stone flooring, pristine sanitary ware and a mature garden with decking.

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6 Edwardian period residence: The Hollies, 67 Ballyhosset Road, Downpatrick, £495,000 Tim Martin, tel 9187 8956
A historic country home with a sauna and swimming pool in separate accommodation. A picturesque spot for this period abode with many original features, such as stained and etched glass Edwardian panels to the entrance door, a marble slate fireplace and embossed cast iron fireplace with original tiled panels. The cavernous home has a well-appointed kitchen with integrated appliances, a pantry, laundry room and cloakroom, not forgetting the leisure block which includes a sauna and pool.

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4 Breathtaking coastal apartments: Edgewater, Strand Road, Portstewart, From £194,500, Armstrong & Gordon, tel 7083 2000
This stunning development with its unbeatable coastal location offers top drawer style and finish to incredibly modern apartments. The high-spec homes have a host of luxurious features from designer kitchens and appliances to top-of-the-range sanitary ware and spa baths, solid core doors, balconies, full tiling and a Lyric Hi Fi surround speaker system too. Unlike anything else in Northern Ireland, Edgewater development continues to impress.

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3 Plush penthouse: Penthouse, 14.01 The Boat, Custom House Square, Belfast, £660,000, Templeton Robinson, tel 9066 3030
This 14th floor duplex apartment in award-winning skyscraper The Boat is the epitome of urban style thanks to owner Holly Sweeney. The penthouse is situated at the peak of the city skyscraper with three bedrooms, two en suites, two-reception rooms with a total of 1,898 sq ft of glorious living space to which Holly has added some feminine flourishes of her own. Lovely features here include floor-to-ceiling glazing which allows breathtaking views of Belfast and beyond while fantastic features such as an Italian kitchen with integrated German appliances point to the impressive spec here. And there is a luxurious finish, too, with Porcelanosa bathroom suites, three outside balconies and a large roof garden.

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2 Epitome of 20th century style: Derriheen House, 47 Knockdene Park South, Belfast, £575,000 Templeton Robinson, tel 9065 0000
Built in 1912, this four-bedroom detached city home is still teeming with original features despite having been modernised. Many of the feature fireplaces here date back to the mid-1800s. Behind the original |hardwood front door with fan light is an original Art Nouveau fireplace and authentic hardwood |blockwood flooring and a feature cast iron fireplace. The main bathroom has a Jacuzzi while the living room has an original Arts & Crafts fireplace. With beautiful gardens and an enviable address, this home is one to watch.

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1 Cultra House: 6 Cultra Park, Holwood, £175,000, BTW Cairns 028 90428989
The mansion house overlooking Belfast Lough, currently on the market for £1.75m, has all the luxurious trappings of a high-end home which is fit for a family at a stunning address. Cultra has long been one of the most sought-after locations in Northern Ireland and has been dubbed the ‘Gold Coast’ for its mansion-like homes. The property boasts 7,000 sq ft of sumptuous living space. The manor is palatial inside and out with features such as a ballroom and tennis courts. This house could be fresh out of MTV Cribs with its solid marble tiled floors, home gym, designer kitchen, underfloor heating and an incredible orangery overlooking landscaped gardens.

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House prices in Northern Ireland have seen annual growth for the first time in more than five years according to official figures, in further signs that the market is turning a corner.

Northern Ireland prices recorded a 1.9% year-on-year rise in May to reach £134,000 on average, marking the first upturn since February 2008, the Office for National Statistics (ONS) said.

Across the UK, property prices rose by 2.9% year on year in May to reach £239,000 typically, showing the strongest annual growth seen so far this year. Values increased by 0.3% on a month-on-month basis, edging down slightly from the previous month's rise.

House prices in Northern Ireland have seen some sharp year-on-year falls of around 10% since the economic downturn, which analysts have put down to the market "normalising" after a period of strong growth.

The about-turn seen in May follows annual decreases of 2% in the year to March and 0.8% in the year to April in Northern Ireland.

The latest figures also showed that house prices in England recorded a 3.1% year-on-year increase to reach £248,000 typically. The pace of annual growth in Scotland and Wales did not match that seen in Northern Ireland.

Wales recorded a 0.6% annual jump, pushing average prices to £157,000, while Scotland saw a 0.8% rise, taking property values to around £180,000.

Prices were up year on year across all regions of England. London prices rose fastest year on year at a rate of 6.6%, while the East Midlands saw the slowest growth at 0.6%.

The figures follow a stream of reports pointing to a housing market revival, with lenders, estate agents and property websites all reporting activity lifting this year.

Government initiatives to kick-start the market such as its Funding for Lending, NewBuy and Help to Buy schemes have been highlighted as giving the market a boost, resulting in better access to mortgages and more first-time buyers making a jump on to the property ladder.

The ONS figures were released as property website Zoopla reported that four-fifths (80%) of home owners believe property prices will rise in their area the next six months, which is the strongest sentiment it has recorded in three years.

The average rise that the 5,800 home owners are expecting is also at a three-year high at 4.8%. The biggest confidence boost among home owners was found in the West Midlands, where 78% of home owners now believe house prices will climb in their region over the next six months compared with 63% three months ago.

Londoners remain the most confident, with 93% of home owners in the capital expecting property values to rise in the next six months. Those in Wales were the most downbeat about their local property market, with 13% predicting a fall in property values over the second half of the year.

Zoopla spokesman Lawrence Hall said: "The trials and tribulations of the financial crisis drained confidence out of the market, but it is making a strong comeback.

"With mortgage availability improving considerably in the last few months, the first-time buyer market is moving again and revving the engine of the whole housing market. And the improvement in confidence isn't limited to just London and the South East, it's sweeping across the whole of the UK."

 

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