The average house price in Belfast has increased since 2015, with minor fluctuations over time. The house price index is calculated using data on housing transactions and measures the development of house prices, with January 2023 chosen as a base year when the index value was set to 100. In May 2025, the house price index reached 114.1, meaning that house prices have grown by 14.1 percent since 2023 and 10 percent since the same month in 2024. Among the different regions in the UK, the West and East Midlands experienced the strongest growth.
The average house price in Northern Ireland has increased since 2015, with minor fluctuations over time. The house price index is calculated using data on housing transactions and measures the development of house prices, with 2023 chosen as a base year when the index value was set to 100. In May 2025, the house price index reached 113.9, meaning that house prices have grown by nearly 14 percent since January 2023 and 9.5 percent since the same month a year ago. Among the different regions in the UK, the West and East Midlands experienced the strongest growth.
This statistic shows annual mix-adjusted house prices in Northern Ireland (UK) between the years of 2005 and 2015, and a forecast thereof for 2016 to 2025. It shows an increase in price from the year 2000 to 2007, including a dramatic increase form 2006 to 2007. The predicted trend showed that the market in Northern Ireland would be slower to recover than most other regions of the United Kingdom and it would take time to reach the levels seen before 2008.
It can be seen that the Northern Ireland house price index was ***** points in the third quarter of 2007, but during the global recession it decreased and never re-gained the pre-crash levels. As of the third quarter of 2023 the residential property price index in Northern Ireland was *****, up from ***** in the same period in the previous year.
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I recently submitted my dissertation for my MSc in Business Analytics titled: Understanding & Predicting Student Rental Prices in a U.K. city: Machine Learning & Traditional Methods.
I chose this dissertation research area due to the lacking literature investigating U.K. rental dynamics (particularly in Northern Ireland) and due to the real and very current issue of rising rent felt in Belfast by students.
Based on a selection of 36 property variables such as geographic location, bedroom number & property size - I built multiple machine learning models to predict the price of rent and to understand the most important variables in selected models.
No existing dataset was available that combined all the required information for Belfast and therefore I chose to complete the task of data mining and cleaning the information, pulling it all into one dataset. I sourced the info from Property Pal and Property News. Please check the dataset as there may be minor repetition or some columns which should not be used.
Finally, I leveraged these findings into an interactive dashboard (you can view a link below) which enables students to view all available properties and determine which one has the required features alongside appropriate pricing.
Across the United Kingdom, house prices appreciated the most in Belfast as of May 2025. In a year, sales prices in Belfast rose by 6.2 percent, approximately 4.8 percent above the average house price increase in the country. Bournemouth and Aberdeen were the two cities under observation where prices declined.
This dataset provides information about the number of properties, residents, and average property values for Market Street cross streets in Belfast, ME.
This dataset provides information about the number of properties, residents, and average property values for High Street cross streets in Belfast, ME.
The UK housing market continued to show significant regional variations in 2025, with London maintaining its position as the most expensive city for homebuyers. The average house price in the capital stood at ******* British pounds in February, nearly double the national average. However, the market dynamics are shifting, with London experiencing only a modest *** percent annual increase, while other cities like Belfast and Liverpool saw more substantial growth of over **** percent respectively. Affordability challenges and market slowdown Despite the continued price growth in many cities, the UK housing market is facing headwinds. The affordability of mortgage repayments has become the biggest barrier to property purchases, with the majority of the respondents in a recent survey citing it as their main challenge. Moreover, a rising share of Brits have reported affordability as a challenge since 2021, reflecting the impact of rising house prices and higher mortgage rates. The market slowdown is evident in the declining housing transaction volumes, which have plummeted since 2021. European context The stark price differences are mirrored in the broader European context. While London boasts some of the highest property prices among European cities, a comparison of the average transaction price for new homes in different European countries shows a different picture. In 2023, the highest prices were found in Austria, Germany, and France.
This dataset provides information about the number of properties, residents, and average property values for Spring Street cross streets in Belfast, ME.
This dataset provides information about the number of properties, residents, and average property values for Belfast Place cross streets in Littleton, CO.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
License information was derived automatically
This data set contains information about council buildings, data items include: name, address, longitude, latitude
This dataset provides information about the number of properties, residents, and average property values for Cottage Street cross streets in Belfast, ME.
This dataset provides information about the number of properties, residents, and average property values for Antrim Gardens cross streets in Belfast, ME.
The borough with the highest property prices in London, Kensington and Chelsea, had an average price for a flat exceeding *** million British pounds. London is the most populous metropolitan area in the UK, and living in it comes with a price tag. Unsurprisingly, the most expensive boroughs in terms of real estate prices are located in the heart of the metropolis: Kensington and Chelsea, the City of Westminster, and the City of London. In Kensington and Chelsea, home to several museums such as the Natural History Museum, the Victoria and Albert Museum, and the Science Museum, as well as galleries and theaters, the average price of apartments was over a million British pounds. How have residential property prices developed in recent years? The average house price in England have risen notably over the past decade, despite a slight decline in 2023. While London continues to be the hottest market in the UK, price growth in the capital has moderated. Conversely, prices in the more affordable cities, such as Belfast and Liverpool, have started to rise at a faster pace. Are residential property prices in London expected to grow in the future? Despite property prices declining in 2024, the market is forecast to continue to grow in the next five years, according to a October 2024 forecast. Some of the reasons for this are the robust demand for housing, the chronic shortage of residential properties, and the anticipated decline in mortgage interest rates.
This dataset provides information about the number of properties, residents, and average property values for Jackson Avenue cross streets in Belfast, ME.
This dataset provides information about the number of properties, residents, and average property values for Lord Street cross streets in Belfast, ME.
This dataset provides information about the number of properties, residents, and average property values for East Avenue cross streets in Belfast, ME.
This dataset provides information about the number of properties, residents, and average property values for Mill Lane cross streets in Belfast, ME.
This dataset provides information about the number of properties, residents, and average property values for Allyn Street cross streets in Belfast, ME.
The average house price in Belfast has increased since 2015, with minor fluctuations over time. The house price index is calculated using data on housing transactions and measures the development of house prices, with January 2023 chosen as a base year when the index value was set to 100. In May 2025, the house price index reached 114.1, meaning that house prices have grown by 14.1 percent since 2023 and 10 percent since the same month in 2024. Among the different regions in the UK, the West and East Midlands experienced the strongest growth.