Average house price is now £140,562

File photo dated 22/01/08 of a housing estate in South Derbyshire. House prices plunged by 16.2% during 2008 in the biggest drop for a calendar year on record, Halifax said today. PRESS ASSOCIATION Photo. Issue date: Friday January 2, 2009. See PA story ECONOMY House. Photo credit should read: Rui Vieira/PA Wire
File photo dated 22/01/08 of a housing estate in South Derbyshire. House prices plunged by 16.2% during 2008 in the biggest drop for a calendar year on record, Halifax said today. PRESS ASSOCIATION Photo. Issue date: Friday January 2, 2009. See PA story ECONOMY House. Photo credit should read: Rui Vieira/PA Wire
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The average house price on the north coast is now £140,562, according to the latest Ulster University Quarterly House Price Index produced in partnership with Bank of Ireland UK and the Northern Ireland Housing Executive.

Over the year, the overall average sale price locally has increased by 22.3%.

The survey showed that the hoese sales recovery was continuing, with 1,952 transactions recorded in NI.