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.

It can be seen that the Northern Ireland house price index was 202.5 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 161.8, up from 158.5 in the same period in the previous year.

The residential market in Northern Ireland took a hit in 2020 due to the coronavirus pandemic, followed by a record-high number of sales in 2021 and two years of decrease. In 2023, there were 23,610 housing transactions, down from about 34,200 the year before. This includes all residential property transactions with a value of 40,000 British pounds and above. The uptick in home purchases resulted in house prices increasing substantially in 2021 and the beginning of 2022.

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.

Summary of UK House Price Index (HPI) price statistics covering England, Scotland, Wales and Northern Ireland. Full UK HPI data is available on GOV.UK.

The Report Covers UK Residential Real Estate Market Overview and Trends. The Market is Segmented by Type (Apartments and Condominiums and Landed Houses and Villas) and by Key Regions (England, Wales, Northern Ireland, Scotland, and Other Regions).

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.

The Report Covers UK Commercial Property Market Forecast and Size. The Market is Segmented by Type (Office, Retail, Industrial, Logistics, Hospitality, and Multi-Family) and by Key City and Region (England, Wales, Northern Ireland, Scotland, London (City), and Rest of the United Kingdom).

The house price index (HPI) shows changes in the value of residential properties in England, Scotland, Wales, and Northern Ireland. With the HPI set at a base of 100 in January 2015, a value of over 100 would mark an increase in the average dwelling price. A value of under 100 points, on the other hand, would indicate that the average price has dropped. House price index in the UK The HPI fluctuated in 2023, after peaking in November 2022. In December 2023, the index stood at 149 index points, which was a slight decline from December 2022. This trend in the index, and therefore the value of UK residential properties, has also been observed by the Halifax house price index. Average house prices Average house prices are affected by several factors. Economic growth, unemployment, interest rates and mortgage availability can all drive them up or down. A shortage of supply means that the need for housing and the competitive market created will push house prices up. An excess of housing, on the other hand, means prices fall to stimulate buyers.

This website provides interactive mapping of outstanding residential mortgage lending by postcode sector across Great Britain, as published by individual banks, via the Council of Mortgage Lenders. This first iteration of the website - published in January 2014 - uses the most recent bank lending data, which covers the period up to the end of June 2013. I hope to update the website with future data releases, if I have the time. The map is coloured so that there are roughly the same number of areas in each category displayed in the key to the right. It's important to remember that this data release covers only seven major lenders and about three quarters of the mortgage market - it is not the full story but it does give us interesting insights that were previously not possible. The release did not include mortgage lending data for Northern Ireland, so that's why it's not included here. I've included a large interactive map on the home page and if you click below that you can see a full screen map. I've also added in some tabs which show postcode sectors in and around London, Glasgow, Manchester and Cardiff but if you want to find somewhere else you can easily pan and zoom to it via the big map.

During the COVID-19 pandemic, the number of house sales in the UK spiked, followed by a period of decline. In 2023, the housing market slowed notably, and in September 2024, transaction volumes fell below 50,000. House sales volumes are affected by a number of factors, including mortgage rates, house prices, supply, demand, as well as the overall health of the market. The economic uncertainty and rising unemployment rates has also affected the homebuyer sentiment of Brits. How have UK house prices developed over the past 10 years? House prices in the UK have increased year-on-year since 2015, except for a brief period of decline in the second half of 2023 and the beginning of 2024. That is based on the 12-month percentage change of the UK house price index. At the peak of the housing boom in 2022, prices soared by nearly 14 percent. The decline that followed was mild, at under three percent. The cooling in the market was more pronounced in England and Wales, where the average house price declined in 2023. Conversely, growth in Scotland and Northern Ireland continued. What is the impact of mortgage rates on house sales? For a long period, mortgage rates were at record-low, allowing prospective homebuyers to take out a 10-year loan at a mortgage rate of less than three percent. In the last quarter of 2021, this period came to an end as the Bank of England rose the bank lending rate to contain the spike in inflation. Naturally, the higher borrowing costs affected consumer sentiment, urging many homebuyers to place their plans on hold and leading to a drop in sales.

United Kingdom PHRPI: Northern Ireland data was reported at 110.115 Jan2015=100 in Jul 2020. This stayed constant from the previous number of 110.115 Jan2015=100 for Jun 2020. United Kingdom PHRPI: Northern Ireland data is updated monthly, averaging 104.530 Jan2015=100 from Jan 2015 (Median) to Jul 2020, with 67 observations. The data reached an all-time high of 110.115 Jan2015=100 in Jul 2020 and a record low of 99.984 Jan2015=100 in Feb 2015. United Kingdom PHRPI: Northern Ireland data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.EB015: Private Housing Rental Prices Index: January 2015=100.

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.

Aggregate weights information used in the production of the Price Index of Private Rents (PIPR) for Great Britain, and Index of Private Housing Rental Prices for Northern Ireland.