Derry cheapest place to buy a house in NI

The cheapest place to buy a home in NI is in the Derry City and Strabane district, new figures reveal.
House prices in Derry are on the rise - but its still the cheapest place to buy a home in NI.House prices in Derry are on the rise - but its still the cheapest place to buy a home in NI.
House prices in Derry are on the rise - but its still the cheapest place to buy a home in NI.

According to the latest Land and Property Services report from the Northern Ireland Statistics and Research Agency, with the average cost of a house in the NW sits at £116,970.

The price of property in the Derry area is up 8.8% in the last year - that’s the highest in the whole of NI.

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Overall, prices across Northern Ireland are up 4.3% in the last year - rising to an average of £130,482.

In comparison, meanwhile, in Belfast, across the year as a whole, prices rose by 2.8% to an average of £122,434.

With the average cost of a home sitting at £152,427, Lisburn and Castlereagh remains the most expensive place to buy a house here.