Annual property price growth in Northern Ireland is stronger than a year ago, as the shortage of property to buy continues to support prices.
Double-digit property price growth is evident in three areas of Northern Ireland.
Price growth is currently strongest in Causeway Coast and Glens, with an annual increase of 16.9%. This is followed by Ards and North Down (12.0%) and Newry Mourne and Down (11.3%)
Surge in sales
It is estimated 880,000 property sales took place across the UK in the first six months of 2021, the highest half year total ever recorded and 50% higher than the same period in 2019 (HMRC). It is anticipated sales will top 1.5 million over the course of the year. Buyers have been spurred on by a desire for change and financial savings as a result of taxation ‘holidays’, with over 60% paying no tax on their purchase.
In Northern Ireland, the most active housing markets over the past year have been in Ards and North Down, and Lisburn and Castlereagh.
Space to be
The search for space continues to drive many buying decisions. As businesses adopt more flexible ways of working, blended working patterns are set to become the norm for many, and personal wellbeing has shot up the agenda. The local environment, gardens, greater internal square footage and a demarcated space to work from home, all continue to be deemed more important property features in a new home.
Properties for sale in the Northern Ireland region of the UK
This semi-detached property is located only a short distance from many of the local amenities that Belfast City has to offer. This well-presented property consists of generous living and kitchen space and a well-proportioned bedroom on the ground floor, with the first floor boasting three spacious bedrooms, a modern bathroom, and a W.C.
Situated on a beautiful rural site, this detached bungalow enjoys a peaceful setting with superb family living space. Offering this four-bedroom home includes a master bedroom with an en suite, two reception rooms, a kitchen with integrated appliances, a separate utility room, a garage and a car port.
This exceptional property is set within a beautifully manicured semi-rural site of around 1 acre, including a paddock, gardens, three stables, a large garage with an electric door, a workshop and a fabulous loft with a games room and a gym or a sitting area. The house is beautifully presented throughout, offering three reception rooms, including a garden room with two sets of bi-folding doors.
Make the most of double-digit property price growth with the best estate agent in your area. Contact your local Guild Membertoday.