Belfast Telegraph

Northern Ireland house prices rise by 4.4% to £129,000 average

By Victoria Shaw

The average house price in Northern Ireland is now £129,000, official figures show.

That represents an increase of 4.4% over the year, according to a report released by the Office for National Statistics, the Land Registry and other bodies.

The north west of England led the way for house price growth over the past year, while London has seen the smallest annual increase across the UK.

Overall, average prices increased by 5% in the year to August, up from an annual increase of 4.5% in July. House prices were also up by 0.5% month-on-month, taking the average UK property value to £226,000 - £11,000 higher than in August 2016.

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