We all know it - houses in mixed areas of Northern Ireland are more expensive but now we know by how much. Research by the National Institute for Economic and Social Research (Niesr) reveals that mixed areas get on average 10% more than those which are mainly Protestant or Catholic. Economists gathered a combination of data from the PropertyPal website, property title deeds and archival sources. The study concluded that a key reason for the price premium in those areas is that they can attract a broader spectrum of potential buyers. 

The report says: "When a neighbourhood appeals to a broader section of society, homes become easier to sell, reducing the risk associated with property investment. "Moreover, multicultural neighbourhoods often boast better schools, public services, and opportunities for social interaction, indicators of the positive spill overs of cultural diversity."

A prime example of this in Belfast is Upper Ormeau where prices are well in excess of, for example, neighbouring Cregagh. 

Here at Key One Property we don't discriminate on our prices however. Our 0.5% selling fee (no additional VAT)* applies to wherever your house is. Get in touch if you would like to sell your home without paying a fortune.