Mid and East Antrim revealed as most affordable Northern Irish area

Summarised from Belfast Live's report · Updated 25 Oct, 19:31 · Archive

Mid and East Antrim has the lowest house-price-to-earnings ratio in Northern Ireland at 4.6 times average earnings.

House prices across Northern Ireland have risen sharply in the 12 months to August, according to the Office for National Statistics. Mid and East Antrim is the most affordable area to buy, with the average home costing £177,000, representing a rise of 8.2% year-on-year—far higher than the UK average of 0.9%.

Using house-price-to-earnings ratios, Mid and East Antrim performs best at 4.6 times average full-time earnings of £38,483. Belfast comes next at £185,000 (4.8 times earnings), whilst Derry City and Strabane and Armagh City Banbridge and Craigavon both show ratios of 4.9 times. Lisburn and Castlereagh is the least affordable area in Northern Ireland, with average prices of £241,000, equivalent to 6.3 times average earnings. All Northern Ireland ratios remain lower than the UK average of 6.7 times earnings.

Read the report

• Mapped: The most affordable place in Northern Ireland to buy a homeHouse prices have soared across Northern Ireland according to the latest figures from the Office for National Statistics.Belfast Live · 25 Oct, 18:31

In this story: Mid and East Antrim · Belfast · Lisburn and Castlereagh · Derry City and Strabane · Armagh City Banbridge and Craigavon · Office for National Statistics · Northern Ireland

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