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Derry City and Strabane · report

Past price cycles in Derry City and Strabane

Sale prices have fallen by 3% or more once since 2005. That fall began in Q3 2007.

Deepest fall
−54.2%
Recovery from the low
150 months

Prices in Derry City and Strabane and the UK, indexed

Average sale prices, both set to 100 in Q1 2005.

  • Derry City and Strabane
  • 100 = Q1 2005
Show the numbers
PeriodDerry City and Strabane
Q2 2026208.3
Q1 2026203.8
Q4 2025194.1
Q3 2025198.3
Q2 2025185.3
Q1 2025185.0
Q4 2024183.5
Q3 2024178.0
Q2 2024172.1
Q1 2024165.2
Q4 2023167.5
Q3 2023171.8
Q2 2023167.4
Q1 2023155.4
Q4 2022160.4
Q3 2022163.4
Q2 2022158.1
Q1 2022153.7
Q4 2021151.6
Q3 2021150.6
Q2 2021141.4
Q1 2021140.3
Q4 2020136.2
Q3 2020132.8
Q2 2020134.3
Q1 2020133.0
Q4 2019133.9
Q3 2019126.4
Q2 2019130.6
Q1 2019128.1
Q4 2018132.9
Q3 2018126.2
Q2 2018125.0
Q1 2018119.3
Q4 2017123.9
Q3 2017119.0
Q2 2017115.3
Q1 2017114.7
Q4 2016113.2
Q3 2016111.3
Q2 2016108.1
Q1 2016106.3
Q4 2015102.9
Q3 2015103.3
Q2 201599.4
Q1 201599.7
Q4 201498.0
Q3 201495.9
Q2 201492.0
Q1 201490.9
Q4 201390.4
Q3 201391.0
Q2 201390.0
Q1 201387.1
Q4 201290.8
Q3 201291.2
Q2 201296.1
Q1 201298.0
Q4 201195.6
Q3 2011101.2
Q2 2011105.1
Q1 2011112.8
Q4 2010107.8
Q3 2010115.6
Q2 2010117.6
Q1 2010125.5
Q4 2009128.5
Q3 2009125.9
Q2 2009126.6
Q1 2009129.7
Q4 2008151.2
Q3 2008151.9
Q2 2008162.5
Q1 2008178.6
Q4 2007187.8
Q3 2007190.1
Q2 2007182.7
Q1 2007170.3
Q4 2006161.0
Q3 2006150.5
Q2 2006134.9
Q1 2006123.9
Q4 2005116.7
Q3 2005111.7
Q2 2005104.8
Q1 2005100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
Q3 2007Q1 2013−54.2%66150

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Derry City and Strabane

Affordability

Figures for Northern Ireland: Derry City and Strabane has no reliable figures of its own.

At the average sale price, a home costs £189,474. With 10% down and a 30-year mortgage, the payment is £874 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
14%
Payment, one income
28%

Buy or rent

Figures for United Kingdom: Derry City and Strabane has no reliable figures of its own.

Owning the average home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,406
Owning per month
£1,286

New homes

24.9% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
377
Per 1,000 residents
2.5

Foreign buyers

Figures for United Kingdom: Derry City and Strabane has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

People and new homes

In 2025 the population fell by 22 while 398 homes were finished.

Homes finished, 2025
398
Population change, 2025
−22

Empty homes

5.7% of the 64,634 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
5.7%
Empty homes
3,699