First time buyers continue to drive NI property market

The majority of the activity on the Northern Ireland property market in the first quarter of 2017 came from first time buyers, and the latest Quarterly House Price Index from Ulster University suggests that 80 per cent of sale transactions involved properties priced at £150,000 or less.

The report shows a year-on-year increase in property prices in Northern Ireland of 5.9 per cent, though the lift from the previous quarter was just 0.3 per cent. The overall average house price across the country is currently £153,449 with some variations across house types and the different regions in Northern Ireland as outlined below.


House type

Average price



Semi-detached house


Detached house


Semi-detached bungalow


Detached bungalow






Average property price

Northern Ireland




North Down




East Antrim






Coleraine/Limavady/North Coast


Enniskillen/Fermanagh/South Tyrone


Mid Ulster


Mid and South Down





If you are buying or selling a house in Northern Ireland and require a property conveyancing solicitor to handle the legal process for you, contact Wilson Nesbitt in Belfast or Bangor by clicking here.