Regional Property Market Update Spring 2021: Northern Ireland

At 2.4%, average annual price growth in Northern Ireland is lower than the UK average. However, prices have risen marginally quarter on quarter since the final quarter of 2019. Across Ards & North Down and Derry City & Strabane, growth is currently above 4%. Prices across three areas of Northern Ireland are currently above £150,000, Lisburn and Castlereagh currently the most expensive district in which to purchase property.
Annual price growth has strengthened across the UK in recent months

Most active housing markets across Northern Ireland  
At £143,205 the average price of a property in Northern Ireland is nearly £3,000 more expensive than a year ago and activity across the market is robust. On average just 3% of private properties sell each year; turnover in five areas currently exceeds 3%. Over 2,800 new homes were registered for sale during 2020, and nationally registrations have been on an upward trend since September.
First-time buyers were particularly affected by the closed housing market and the stricter mortgage lending that followed. However, buyer numbers have recovered steadily, with transactions just 2% lower year on year during the final six months of 2020 (UK Finance). The number of High Loan-to-Value (LTV) mortgage products has also increased, Moneyfacts reporting there were 169 products available at 90% LTV in January, over double the number available back in July. Lending rates remain low, the average mortgage rate the lowest in history.


Daniel Henry, Partner of R Benson & Son comments on the north coastal area of Northern Ireland:
“The North Coast area of Northern Ireland has traditionally had a strong local and second home market. Throughout the pandemic the appeal of the area has undoubtedly been enhanced with a significant number of people wishing to return and settle in the area. Demand continues to increase and with supply unable to keep pace, there continues to be an upward trend in prices.”

Properties for sale in Northern Ireland
Hillsborough, Northern Ireland, 5 bedrooms

This detached family home occupies an idyllic elevated position with fantastic views across rolling countryside. Internally, the property has been well-maintained and offers ample family accommodation with three reception rooms and five double bedrooms, including a main bedroom with an en suite. Externally, the generous gardens are laid in lawns with a raised timber decked area, ideal for barbecuing and summer entertaining.
Newry, Northern Ireland, 4 bedrooms

Built in 2003, this detached property occupies an elevated site surrounded by lawned gardens with a decking area and countryside views. The accommodation comprises a lounge featuring a marble surround fireplace, an open-plan kitchen, living and dining room with access to a sunroom, a family bathroom and four bedrooms including a principal bedroom with an en-suite shower and a dressing room.
Antrim, Northern Ireland, 5 bedrooms

Marlagh Lodge is currently one of Ballymena’s finest B&B country houses, cited as “County Antrim’s best kept secret”. The property comprises five bedrooms, five reception rooms, beautiful gardens and spacious outbuildings with endless potential.
Contact us
If you want independent guidance on moving home or are looking for the best agent in your area, find your local Guild Member today.


Financial Services

Contact a specialist from Aston & Co Financial Services for help with finding the right mortgage.

Read What Our
Customers Say

Jodie Skinner

From the beginning, our experience with Michael and Rhys has been brilliant. Whenever we had a question to ask or needed some additional information, they were both just a phone call away and were always happy to provide us with an answer. As first time buyers, they made us feel ...

Sue Smith

We can’t fault Aston and co in Syston, for their handling of the sale of our property. We were kept up to date weekly and nothing was too much trouble. Both Micheal and Rhys were approachable and very professional. I would definitely recommend using them for an efficient and hassle ...


Having had issues with other agents, we came to Astons who gave us an honest appraisal of our house – not overpricing it like others to gain business. Michael and Rhys are a great partnership and Rhys being local was able to provide viewers with information that other agents hadn’t. ...

Andy Freer

Recently sold our house with Aston & Co. We honestly could not have asked for more. From the moment Michael came to value the house, to the day to day communication from Rhys we have not had to chase them once. Michael and Rhys are a great partnership and a ...

V Pears

We chose Aston & Co in Syston to handle the sale of our property. We were kept up to date regularly and Michael and Rhys dealt with all matters efficiently and quickly.We would definitely recommend using them for an efficient and hassle-free move.

Gareth Mueller

We bought a house from a vendor who used Astons & Co as their agent. Rhys was helpful and professional from start to finish and regularly kept us in the loop with how things were progressing. Communication was efficient and swift all the way through.

Julie Pearson

From the first visit to value our property to the final phone call informing us of completion Rhys and Michael at the Syston office have been brilliant, down to earth, realistic with valuation very easy to get in touch with.Making everything less stressful.Regular updates were very reassuring . I would ...

Charlotte Hings

The team at Astons are great. They’re really down to earth, take time to listen and help resolve anything they can for you.Their communication is excellent as they always keep you in the loop with what is happening with your sale. They keep both seller and purchaser happy.Fees are reasonable ...

Julie Perkins

We have recently used Aston & Co to sell our property. At all times we received regular reports from them on interest and following viewings . When our property sold Astons managed the chain keeping all parties fully informed and I believe that without their input our sale would have ...

Tina Poole

Michael and Rhys handled both our sale and purchases. They had good local knowledge, their valuation turned out to be on point. Our sale viewings were nearly all on the same day and we accepted an offer very quickly. We were kept up to date regularly with that and our ...

How Much is Your Property Worth?

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation.