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Showing all blog posts filed under Industry News

17

Jan

Apartments in Belfast's university area up for sale

Posted on 17th January 2018  |   Add a comment

Apartments in Belfast's university area up for sale

A detached property that contains eight apartments in the university area and eight acres of land in north Belfast have been added to the market. Chlorine Gardens, a tree-lined street that links Malone Road with the Stranmillis Road, is at the heart of the university area and has always been a prime student spot.

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16

Jan

Office take-up in Belfast reflecting peak 2007 levels

Posted on 16th January 2018  |   Add a comment

Office take-up in Belfast reflecting peak 2007 levels

The final quarter of 2017 was the strongest for the Belfast office market in two years. The growth brought last year’s total take-up office space to 430,290 sq.ft. According to Savills Northern Ireland, 2017 was the second year in a row – post Brexit – of strong growth, with levels reflecting the peak of 2007. Rentals are approximately 50% higher. However,...

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9

Jan

Northern Ireland house prices rise to £131,989 average

Posted on 9th January 2018  |   Add a comment

Northern Ireland house prices rise to £131,989 average

The average house price in Northern Ireland rose by 2% last year to £131,989. The province is still one of the cheapest places to purchase a property in the UK. According to Nationwide Building Society, property prices in the UK ended 2017 2.6% higher. For the first time in 13 years, London was the weakest-performing region.

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11

Dec

Bargain Armagh property sold for £28k

Posted on 11th December 2017  |   Add a comment

Bargain Armagh property sold for £28k

The new bargain city for house hunters could be Armagh with the recent £28,000 sale of a Victorian terraced property. Another two nearby ‘fixer-uppers’ are also on the market for £30,000 and £36,000 – below the current Northern Ireland average price of £132,169. Located near the city centre, 8 Umgola Row boasts a rustic stonework exterior and can be traced back as...

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8

Dec

UK house prices rise for fifth consecutive month

Posted on 8th December 2017  |   Add a comment

UK house prices rise for fifth consecutive month

New figures revealed that house prices have risen for five consecutive months. Property values throughout the UK had increased by 0.5% month-on-month in November, the fifth month in a row, Halifax said. With an average property cost of £226,821 across the UK, these prices were 3.9% higher in November than a year earlier.

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8

Dec

House prices increased by 0.1% in November

Posted on 8th December 2017  |   Add a comment

House prices increased by 0.1% in November

House prices increased by 0.1% month-on-month in November, according to an index. Nationwide Building Society highlighted that the average property cost is 2.5% higher than last year, now standing at £209,988.

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7

Dec

East Belfast witnesses the fastest rising house prices

Posted on 7th December 2017  |   Add a comment

East Belfast witnesses the fastest rising house prices

The house prices in east Belfast are rising faster than any other area in Northern Ireland. East Belfast seen an average increase of more than £8,000 over the past year. That is according to a new report which highlights the most thriving postcodes in the UK’s top 20 cities and also uncovered the zones that are out-performing the rest.

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6

Dec

Luxury housing development underway in Co. Antrim

Posted on 6th December 2017  |   Add a comment

Luxury housing development underway in Co. Antrim

In Co. Antrim, work is underway on a luxury new housing development. This development could be the beginning of hundreds of new properties for the area. The latest project from UK property firm Neptune Group is Ollar Valley in Ballyclare. This development went on the market earlier this week.

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4

Dec

"Locale" ladies Stop the Traffic!

Posted on 4th December 2017  |   Add a comment

Barbara Wyatt and Julie Greer have certainly stopped the traffic in Moira Main Street with the opening of their new estate agency, Locale Home Sales and Lettings. “The word Locale means ‘an area or place, especially one where something special happens’ and indeed moving home is one of those special and significant times in everyone’s life, so we thought this a...

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30

Nov

Rental Market showing signs of slowdown

Posted on 30th November 2017  |   Add a comment

Rental Market showing signs of slowdown

The rental market is showing signs of a slowdown according to the latest report on the private rented secor by the Association of Residential Letting Agents. The number of properties letting agents managed per branch fell to a 12-month low during October with each branch dealing with an average of 182, down from 189 in September. It is the lowest number since...

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