The sales of well-known shopping sites including Sprucefield Retail Park helped Northern Ireland’s commercial property sector end 2019 in a better position than once anticipated, it has been claimed. A report by commercial property agency CBRE highlighted that the investment market witnessed an increase in transaction volumes year-on-year. Almost £212m was invested over 32 separate transactions last year.
On Friday 15th November, hundreds of estate agents, property experts, developers and architects gathered at Belfast’s Crowne Plaza to celebrate the Belfast Telegraph Property Awards 2019, in partnership with Electric Ireland. Now in its fifth year, the Belfast Telegraph Property Awards continues to be one of the most anticipated dates in the property calendar. The ceremony was hosted by broadcaster Pamela Ballantine while Belfast comedian Paddy Raff entertained the crowds.
The latest research from Ulster University shows that the average house price in Northern Ireland is at its highest level for over a decade. Latest analysis indicates that the average price of houses sold throughout the third quarter of 2019 was £171,763. This is a 5% increase when compared to the same period last year. It is also an increase of 5.7% when compared to the second quarter of 2019.
The finalists for the Belfast Telegraph Property Awards 2019 in partnership with Electric Ireland has been revealed. It was an esteemed panel of judges that had the difficult task of deciding the top entries from each category.
House prices in Northern Ireland have risen over the past year. The average house price in Northern Ireland has increased by 3.4%. This growth is higher than what any other area of the UK witnessed. According to Nationwide Building Society, £144,053 is now the average price paid for a house in Northern Ireland.
What are the Property Awards? The Property Awards showcase excellence in the industry providing a platform for estate agencies, developers, architects, designers and contractors to highlight the extraordinary work they have accomplished in the past year. Which of the 14 categories can you enter? Last year’s awards had a record number of entries from right […]
The latest housing survey from UK estate agents shows that demand from buyers continues to be high. The NAEA Propertymark housing report for June shows that the number of house hunters fell slightly from 307 to 305 per agency branch although the number of prospective buyers remains high. Year-on-year, housing demand is almost aligned, with […]
A £7m plan for 71 new apartments in Belfast’s Golden Mile has taken a step forward, potentially creating 50 jobs. Developer John Smyth’s Estates has formally submitted an application for the 10-storey project on the Dublin Road. The development would also include a new ground floor restaurant. Featuring a mix of one-bedroom and two-bedroom self-contained […]
The second phase of a major private housing development in South Belfast is under way. Ballyclare based developers, Hagan Homes, said the second stage of the £10.5m development will produce 14 three-bedroom semi-detached dwellings. The prices will start from £145,000. Once complete, this project will consist of 76 high quality homes built in the Kitchener […]
Work has now finished on Belfast’s newest apartment block on the Ormeau Road. Bristol based development company, Barnett Developments, have fully launched the £19m development, Portland 88. The properties feature smart technology and a car lift for residents use. The company has highlighted that over 50% of the apartments sold before the official launch of […]