Average house price revealed

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News

The average house price in Lisburn is £198,354 according to Ulster University’s latest Quarterly House Price Index report.

The most recent report examines the performance of Northern Ireland’s residential property market over October, November and December 2015.

It is produced by Ulster University in partnership with the Northern Ireland Housing Executive.

The Ulster University research highlights that the overall average price across Northern Ireland has increased over the year by 24.1%.

Lead researcher, Professor Stanley McGreal from Ulster University said: “This Ulster University research provides a quarterly snapshot of the housing market.

“The housing markets in North Down, East Antrim, Fermanagh and the North West appear to be consolidating after enjoying a buoyant third quarter. In contrast, the average house prices in Lisburn, Mid Ulster, Craigavon/Armagh and Mid and South Down have seen an increase.”