Standardised house price in Belfast, Northern Ireland
Standardised house price in Belfast, Northern Ireland stood at £184,768.05 in Q2 2026, according to Northern Ireland Statistics and Research Agency (NISRA). It is one of the indicators in the House prices, quarterly and long run table (Value · Quarterly), with a complete series running from Q1 2005 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the House prices, quarterly and long run table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Standardised house price | |||||||||||
| Belfast | 184,768.05 | 181,033.24 | 178,431.48 | 177,759.46 | 171,605.71 | 170,049.46 | 169,318.76 | 167,277.03 | 158,405.9 | 154,920.98 | |
| Causeway Coast and Glens | 218,870.73 | 208,235.5 | 209,359.24 | 207,238.59 | 199,610.28 | 200,076.89 | 197,469.87 | 197,983.14 | 195,301.6 | 174,949.81 |
Understanding standardised house price in Belfast, Northern Ireland
Expressing hedonic-adjusted monetary valuations for residential real estate within the Belfast local government district, this series computes average property prices in pounds. The econometric model controls for physical attributes such as floor space and property category, ensuring that quality variations do not distort the underlying price trajectory across quarters. This absolute valuation series complements sibling measures that evaluate other Northern Ireland council areas on a comparable monetary basis. The underlying dataset comprises verified residential property transactions compiled from administrative registers.
Interpreting this measure requires awareness of potential quarterly volatility stemming from shifts in localised market activity and transaction volumes. Seasonal buying patterns necessitate year-on-year evaluation to discern genuine price momentum from temporary calendar effects. Preliminary estimates are subject to revision as late-reported transactions are incorporated into the dataset. Users should exercise caution when benchmarking these figures against wider regional averages, as urban property dynamics within Belfast can diverge substantially from rural council areas.
Frequently asked questions
- What unit of measurement applies to this data series?
- Values are expressed in pounds sterling as estimated average prices.
- How are structural differences between houses accounted for?
- A hedonic regression model adjusts prices based on characteristics such as property type and size.
- Why do early quarterly estimates frequently change?
- Late administrative registrations of property sales require subsequent updates to preliminary calculations.