NIHPI Mean Median and Standardised Price by Property Type

The mean, median and standardised price of properties sold each quarter presented by property type from Q1 (January-March) 2005.

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Creation Date november 18, 2015, 15:57 (UTC)
Topic Category Economy
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A modelling approach is used to produce a standardised price. The use of a mix adjusted approach controls for differences in the mix of properties sold from quarter to quarter allowing for price comparisons to be made on a like for like basis. The prices are presented by property type: detached, semi-detached, terrace and apartments. The figures are presented quarterly. Quarter 1 refers to January-March, quarter 2 refers to April-June, quarter 3 refers to July-September and quarter 4 refers to October-December each year. Standardised prices are only comparable within the calendar year. Prices should not be compared between years.

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Contact Name Ciara Cunningham
Contact Email LPS.statisticsbranch@finance-ni.gov.uk
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https://www.finance-ni.gov.uk/articles/northern-ireland-house-price-index

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