This statistic shows the house price index in Ireland from the first quarter of 2016 to the second quarter of 2020. In the quarter ending June 2020, the house price index stood at 134.17.

House Price Index YoY in Ireland decreased to 8.10 percent in January from 8.80 percent in December of 2024. This dataset includes a chart with historical data for Ireland Residential Property Prices YoY.

The average costs for residential real estate across Ireland increased steadily over the past decade. The National Price Index reached 201.9 index point in June 2024, meaning that house prices increased by about 101.9 percent since 2012 - the base year for the index. Between June 2023 and June 2024, the price index exhibited an overall increase, with a minor decline in December 2023. In line with this upward trend, the house prices increased across every county.

House prices in Ireland have been on an upward trend since 2013, with a brief period of decline in 2019 and 2020. Although house price growth slowed down in 2022, the nominal prices continued to rise in 2023; however, when adjusted for inflation, the property price development turned negative in the final quarter of 2022. Reasons for this big decline are the rising inflation in Ireland, reduced money lending from the Irish Central Bank, as well as decreased affordability.

How expensive are homes in Ireland? The average list price of residential property in Ireland varied significantly between different counties. In the second quarter of 2023, Wicklow and Dublin were among the most expensive regions in the country, exceeding the national average of around 309,000 euros. Leitrim and Longford, on the other hand, offered the most affordable housing options, averaging below 200,000 euros.

Has income kept up with the development of house prices? The house price-to-income ratio measures the development of housing affordability and is calculated by dividing the nominal house price by the nominal disposable income per head. Between 2015 and 2023, the house price-to-income ratio in Ireland grew by nearly 17 index points, which means that house values increased in relation to earnings. This makes homeownership in Ireland more challenging due to the decreasing affordability of dwellings.

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.

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 2015 chosen as a base year when the index value was set to 100. In June 2024, the house price index reached 166.8, meaning that house prices have grown by nearly 67 percent since 2015 and 6.4 percent since the same month a year ago. Among the different regions in the UK, West and East Midlands experienced the strongest growth.

Ireland Average Property Price: New: Cork data was reported at 311,849.000 EUR in Dec 2016. This records an increase from the previous number of 292,511.000 EUR for Sep 2016. Ireland Average Property Price: New: Cork data is updated quarterly, averaging 80,322.996 EUR from Mar 1975 (Median) to Dec 2016, with 168 observations. The data reached an all-time high of 334,160.000 EUR in Jun 2007 and a record low of 10,667.070 EUR in Mar 1975. Ireland Average Property Price: New: Cork data remains active status in CEIC and is reported by Department of the Environment, Community and Local Government. The data is categorized under Global Database’s Ireland – Table IE.P002: EHLG Average Property Price.

Ireland IE: EHLG: Average Property Price: Second Hand: Waterford data was reported at 179,609.000 EUR in 2016. This records an increase from the previous number of 167,364.000 EUR for 2015. Ireland IE: EHLG: Average Property Price: Second Hand: Waterford data is updated yearly, averaging 62,956.153 EUR from Dec 1976 (Median) to 2016, with 41 observations. The data reached an all-time high of 287,483.000 EUR in 2007 and a record low of 14,544.850 EUR in 1976. Ireland IE: EHLG: Average Property Price: Second Hand: Waterford data remains active status in CEIC and is reported by Department of the Environment, Community and Local Government. The data is categorized under Global Database’s Ireland – Table IE.P003: EHLG Average Property Price: Annual.

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 2015 chosen as a base year when the index value was set to 100. In June 2024, the house price index reached 159, meaning that house prices have grown by 59 percent since 2015 and 6.3 percent since the same month in 2023. Among the different regions in the UK, West and East Midlands experienced the strongest growth.

The Northern Ireland Housing Executive (NIHE) has statutory responsibility in relation to regularly examining housing conditions and need and this provides the basis for the Housing Executive to undertake House Condition Surveys. The Northern Ireland House Condition Survey (NIHCS) provides a wealth of information, which is readily available to, and is regularly requested by government departments, government agencies, the voluntary sector, charities, universities and many private sector interests.

The surveys have been carried out since 1974, but the UK Data Archive only holds data from the tenth survey (2009) onwards. All tenures and types of housing are included in the NIHCS, for example, owner occupied and rented housing, vacant dwellings, houses in multiple occupation, apartments, urban and rural properties. For further background information, see study documentation.

Further information about the survey can be found on the NIHE House Condition Survey webpage.

The 2016 NIHCS was the twelfth survey to be carried out in Northern Ireland since 1974. All tenures and types of housing were included, for example, owner-occupied and rented housing, vacant dwellings, houses in multiple occupation, apartments, and urban and rural properties.

The UK Data Service holds a subset of key housing stock and interview data variables (plus associated derived variables) for all cases (2,023) and for cases where a full household interview has been completed (1,917). Data for vacant stock is also included. The 2016 dataset provided includes one weight for both the housing stock data and household data. This dataset should be used for any analysis of the housing stock and household data. An interview is conducted with the household reference person or partner (if applicable).

Please note that generally, the sample data will permit two-way cross-tabulations. However, care needs to be taken with small numbers, especially if variables have many categories. Three-way cross-tabulations or more will not be robust enough to be meaningful. It is important to note that users should use weighted data only for reporting, and numbers should be rounded to the nearest 100 if quoting.

National Statistics Assessment
The 2016 House Condition Survey was assessed for and awarded National Statistic status. House Condition Surveys published prior to 2016 are not classed as National Statistics. National Statistics status means that official statistics meet the highest standards of trustworthiness, quality and public value and comply with all aspects of the Code of Practice for Statistics.

Conduct of the Survey
The 2016 NIHCS used electronic tablet devices to collect the data. This approach was first used in 2009 and was reviewed and enhanced for the 2011 and 2016 surveys. The bespoke software used was developed by the Building Research Establishment (BRE). Validation and consistency checks were built into the programme, and once a survey was completed, it was uploaded and locked into a database via a secure website. The hardware had secure user identification and device-level security. The electronic approach, project management, design, administration, quality assurance analysis, and report writing were the responsibilities of the Housing Executive’s Research Unit. A total of 19 professional surveyors were employed to work on the 2016 House Condition Survey; all of whom worked on the 2006, 2009 and/or 2011 surveys. Surveyors employed were Environmental Health Officers, chartered surveyors or architects. Five experienced supervisors were responsible for advising surveyors and ensuring their work was of a consistent and satisfactory quality. All surveyors and supervisors attended a two-and-a-half-day training session before the fieldwork commenced.

Reports
The https://www.nihe.gov.uk/Documents/Research/HCS-Main-Reports-2016/HCS-Main-Report-2016.aspx">2016 Northern Ireland House Condition Survey Report (available on the NIHE NIHCS webpage and in the study documentation) provides a comprehensive overview of Northern Ireland’s dwelling stock and its occupants in 2016 in a readily digestible format. The report concentrates on issues and developments that are of particular importance in understanding the Northern Ireland housing market. The statistical annex includes a range of tables containing information to support the description and analysis contained in the report and to provide a comprehensive reference for those requiring further details. Appendices contain information on the sampling, survey form, technical information on repair costs, the fuel poverty models, decent homes, the housing health and safety rating system, and SAP models (including the energy efficiency rating - EER). A summary report is also available on the NIHE NIHCS webpage.

Latest edition information
For the fourth edition (February 2024), the variable finaloftjb2, covering loft insulation thickness, was added to the data file.

Ireland Average Property Price: Second Hand: Dublin data was reported at 363,891.000 EUR in Dec 2016. This records an increase from the previous number of 352,880.000 EUR for Sep 2016. Ireland Average Property Price: Second Hand: Dublin data is updated quarterly, averaging 129,412.340 EUR from Mar 1978 (Median) to Dec 2016, with 156 observations. The data reached an all-time high of 549,330.000 EUR in Sep 2006 and a record low of 19,997.105 EUR in Mar 1978. Ireland Average Property Price: Second Hand: Dublin data remains active status in CEIC and is reported by Department of the Environment, Community and Local Government. The data is categorized under Global Database’s Ireland – Table IE.P002: EHLG Average Property Price.

Ireland IE: EHLG: Average Property Price: New data was reported at 313,483.000 EUR in 2016. This records an increase from the previous number of 281,432.000 EUR for 2015. Ireland IE: EHLG: Average Property Price: New data is updated yearly, averaging 69,882.575 EUR from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 322,634.000 EUR in 2007 and a record low of 6,691.520 EUR in 1970. Ireland IE: EHLG: Average Property Price: New data remains active status in CEIC and is reported by Department of the Environment, Community and Local Government. The data is categorized under Global Database’s Ireland – Table IE.P003: EHLG Average Property Price: Annual.

Ireland Average Property Price: House: Second Hand: Limerick data was reported at 204,511.000 EUR in Dec 2016. This records a decrease from the previous number of 205,538.000 EUR for Sep 2016. Ireland Average Property Price: House: Second Hand: Limerick data is updated quarterly, averaging 190,703.500 EUR from Mar 1997 (Median) to Dec 2016, with 80 observations. The data reached an all-time high of 293,960.000 EUR in Sep 2007 and a record low of 73,403.166 EUR in Sep 1997. Ireland Average Property Price: House: Second Hand: Limerick data remains active status in CEIC and is reported by Department of the Environment, Community and Local Government. The data is categorized under Global Database’s Ireland – Table IE.P002: EHLG Average Property Price.

Ireland Average Property Price: House: New: Limerick data was reported at 233,655.000 EUR in Dec 2016. This records a decrease from the previous number of 236,318.000 EUR for Sep 2016. Ireland Average Property Price: House: New: Limerick data is updated quarterly, averaging 213,801.500 EUR from Mar 1997 (Median) to Dec 2016, with 80 observations. The data reached an all-time high of 312,761.000 EUR in Dec 2007 and a record low of 83,006.000 EUR in Mar 1997. Ireland Average Property Price: House: New: Limerick data remains active status in CEIC and is reported by Department of the Environment, Community and Local Government. The data is categorized under Global Database’s Ireland – Table IE.P002: EHLG Average Property Price.

Ireland IE: EHLG: Average Property Price: House: New: Others data was reported at 273,698.000 EUR in 2016. This records an increase from the previous number of 252,815.000 EUR for 2015. Ireland IE: EHLG: Average Property Price: House: New: Others data is updated yearly, averaging 217,000.000 EUR from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 299,884.000 EUR in 2007 and a record low of 94,642.467 EUR in 1997. Ireland IE: EHLG: Average Property Price: House: New: Others data remains active status in CEIC and is reported by Department of the Environment, Community and Local Government. The data is categorized under Global Database’s Ireland – Table IE.P003: EHLG Average Property Price: Annual.

Ireland Average Property Price: House: New data was reported at 323,875.000 EUR in Dec 2016. This records an increase from the previous number of 305,300.000 EUR for Sep 2016. Ireland Average Property Price: House: New data is updated quarterly, averaging 234,552.000 EUR from Mar 1997 (Median) to Dec 2016, with 80 observations. The data reached an all-time high of 329,474.000 EUR in Jun 2007 and a record low of 92,739.000 EUR in Mar 1997. Ireland Average Property Price: House: New data remains active status in CEIC and is reported by Department of the Environment, Community and Local Government. The data is categorized under Global Database’s Ireland – Table IE.P002: EHLG Average Property Price.

There is a more recent version, Local Housing Allowance (LHA) Rates per Broad Rental Market Area BRMA, UK 2012-2025 v2.

This dataset contains the weekly Local Housing Allowance (LHA) rates for Broad Rental Market Areas (BRMAs) across the UK from 2012/13 to 2024/25. LHA is a means-tested housing benefit for households in the private rented sector. BRMAs are the spatial units used for the administration of LHA. Since 2011, there have been 200 BRMAs in total (England: 152; Northern Ireland: 8; Scotland: 18; Wales: 23; but note that one BRMA spans England and Wales). LHA rates set the maximum level of housing benefit a household can receive in a given BRMA and is dependent on the size of their property. The dataset also includes estimates of the 30th centile rent for each BRMA as this is calculated separately by the Government agencies as a reference point for LHA.

LHA rates are set from April each year, based on evidence of market rents collected by the relevant government agency in each country. From April 2011, the maximum LHA rate was reduced from the median rent for each BRMA to the 30th centile rent. From 2012 onwards, limits were placed on the annual increases in LHA rates:

• 2012 - no increase;
• 2013 - increase limited to the Consumer Price Index;
• 2014 /2015 - maximum increase 1%;
• 2016-19 - no increases;
• 2020 - rates reset to 30th centile;
• 2021-23 - no increases; and
• 2024 - rates reset to 30th centile.

There are no 30th centile rents for any part of Great Britain for 2012/13 and none for Northern Ireland in 2018. There are a small number of cases where 30th centile rents are missing in some BRMAs, presumably due to insufficient data on which to make a market assessment.

Details on sources and method of contruction here: https://github.com/nick-bailey/LHA-rates-for-BRMAs.

Ireland IE: EHLG: Average Property Price: House: New: Cork data was reported at 294,270.000 EUR in 2016. This records an increase from the previous number of 256,767.000 EUR for 2015. Ireland IE: EHLG: Average Property Price: House: New: Cork data is updated yearly, averaging 241,664.500 EUR from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 326,765.000 EUR in 2007 and a record low of 96,503.903 EUR in 1997. Ireland IE: EHLG: Average Property Price: House: New: Cork data remains active status in CEIC and is reported by Department of the Environment, Community and Local Government. The data is categorized under Global Database’s Ireland – Table IE.P003: EHLG Average Property Price: Annual.

Ireland Average Property Price: House: New: Others data was reported at 279,473.000 EUR in Dec 2016. This records an increase from the previous number of 270,252.000 EUR for Sep 2016. Ireland Average Property Price: House: New: Others data is updated quarterly, averaging 216,367.000 EUR from Mar 1997 (Median) to Dec 2016, with 80 observations. The data reached an all-time high of 310,940.000 EUR in Jun 2007 and a record low of 86,025.000 EUR in Mar 1997. Ireland Average Property Price: House: New: Others data remains active status in CEIC and is reported by Department of the Environment, Community and Local Government. The data is categorized under Global Database’s Ireland – Table IE.P002: EHLG Average Property Price.

Ireland IE: EHLG: Average Property Price: House: Second Hand: Limerick data was reported at 201,006.000 EUR in 2016. This records an increase from the previous number of 178,964.000 EUR for 2015. Ireland IE: EHLG: Average Property Price: House: Second Hand: Limerick data is updated yearly, averaging 195,509.000 EUR from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 276,638.000 EUR in 2007 and a record low of 77,904.780 EUR in 1997. Ireland IE: EHLG: Average Property Price: House: Second Hand: Limerick data remains active status in CEIC and is reported by Department of the Environment, Community and Local Government. The data is categorized under Global Database’s Ireland – Table IE.P003: EHLG Average Property Price: Annual.