4 Feb

County Armagh tops price growth table

County Armagh tops price growth table

House price growth in County Armagh was the fastest in Britain last year, according to new figures.

Halifax's County House Price Survey shows that the country recorded growth of 331 per cent over the last 12 months.

The growth means the average property in the country is now priced at £220,229.

Meanwhile, Cornwall and the Isle of Wight were revealed to be the best performing English regions with growth of 266 per cent and 245 per cent respectively.

However, with five of the top ten performing counties in Ireland, the country remains a key market for the potential investor.

Martin Ellis, chief economist at Halifax, said: "The counties recording the best house price performance over the past ten years have mainly been outside southern England.

"Four of the five counties with the highest house price growth are in Northern Ireland reflecting the strength of the housing market there over the past few years."


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