News

North has four streets with homes worth £1m plus

Simon Cunningham
13 July, 2015 01:00

FOUR streets in Northern Ireland have an average house value of more than £1 million.

Despite a massive downturn in the property market - with homes on average now worth half their 2007 value - it means some people at least are enjoying a lifestyle which is more Beverly Hills than Belfast.

The statistics were revealed by property website Zoopla which said there are more than half-a-million property millionaires across the UK.

There are almost 11,000 streets where the average property value is in seven figures - but only four are in Northern Ireland.

The company said it was unable to say which streets had the enviable price tag, but areas of south Belfast and north Down are known to have the highest property prices in Northern Ireland.

A house on Broomhill Park in Malone is currently on the market seeking offers over £1.45m and is described by the agent as "probably the most sought after address in south Belfast".

The five-bedroom property was built in 1925 in a neo-classical style and boasts a garden which "could be mistaken for a manor in Provence".

Meanwhile, a six-bedroom home on Cultra Park, Holywood is on sale for just under £1.4m.

Set in an "exclusive Holywood surburb", the house named Wentworth is "a home of immense presence" according to the estate agent.

The most expensive house currently on sale in Northern Ireland is the former home of the world's number one golfer Rory McIlroy.

Robinhall House outside Moneyreagh, which features its own driving range and golf practice area, can be yours for £2.5m.

Zoopla said there are 13 streets where the average house price is more than £10m, all of which are in London, with Kensington Palace Gardens - where the value of homes is typically more than £40m - the most expensive.

The Boltons, where one house sold for £51m this year, takes second place.

Zoopla spokesman Lawrence Hall said: "London continues to be the epicentre of the million-pound property market in Britain, but the Zoopla property rich list reveals a number of high-value property areas outside the capital, particularly in Surrey and Buckinghamshire, that are very attractive to professionals seeking to live outside yet within easy reach of the city and enjoy low crime rates coupled with good schools."

13 July, 2015 01:00 News

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