OVER €7.5 million worth of properties sold across Limerick city and county last month, according to the latest figures filed with the Property Price Register.
The most expensive property to appear on the register is the former Bishop’s residence on the North Circular Road.
However, the Limerick Leader understands that the property has not been sold, but has merely been transferred to another company, Brooks Kilmoyle Ltd, by developer Aidan Brooks, now based in London.
The property sold for some €26m in 2007, and while it is listed on the register as being valued at €1.1m this only refers to the house, and not the surrounding, expansive lands, measuring 6.5 acres.
The value of this property had not been included in the €7.5m figure, as it has not been sold.
In all, some 69 properties sold in Limerick last month, the most expensive of which was Wicket’s Edge, Ballycummin, Mungret, which sold for €430,000.
At the opposite end of the scale, a property in Doon sold for just €10,000, and six apartments in Brookfield Hall, Castletroy, sold for €30,000 apiece.
Over 420 houses houses have sold so far this year in Limerick.
Over €9 million in property sales were made in Limerick in May, arising from 67 sales. No listings have been entered for July to date.
Auctioneer John de Courcy, of de Courcy on Glentworth Street, said there has been “a definite pick-up in the market over the last three months”.
“Things are improving. It’s definitely busier than what it was, but there is still a shortage of good quality homes coming to the market, ” he said.
According to the latest report from the property website Daft.ie, the average asking prices of houses in Limerick continues to fall, with prices in the city now 9% down from last year.
The rest of the county has experienced a 5% decrease in the same period. In the previous year, the fall in house prices in the city was 11%.
The average asking price in Limerick city is now €124,000, 53% below the peak in 2007. In the rest of Limerick, prices in early 2014 were 5% lower than a year previously, compared to a fall of 11% seen a year ago. The average house price is now €140,000, 51% below peak levels. In stark contrast, Dublin, Cork and Galway have experienced two consecutive quarters of price rises after falling 57% or more from their peaks.
- HOUSE PRICES IN LIMERICK THIS JUNE
€72,500 21 Grove Island Student Village
€80,000 3 Lissanalta Close, Dooradoyle
€95,000 Ashroe, Murroe
€185,000 Lisamote, Kilfinny, Adare
€61,000 138 Ballinacurra Gardens
€151,052.86 20 The Courtyard, Bru Na Ghruadan, Castletroy
€72,500 36 Cluain Dubh, Fr Russell Road
€280,000 51 Carrigeen, Annacotty
€72,000 2 Colbert Park, Janesboro
€65,000 27 Clonmacken Court, Ennis Road
€110,000 33 Liosan Sheehans Rd, Gortboy, Newcaslte West
€200,000 5 Swanton Terrace, O’Connell Avenue
€185,022.03 63 Ard Thomain, Sli Na Manach, Mungret
€61,000 68 Assumpta Park, Newcastle West
€30,000 233 Brookfield Hall, Castletroy
€105,000 29 Ashling Heights, Raheen
€30,000 301 Brookfield Hall, Castletroy
€30,000 303 Brookfield Hall, Castletroy
€30,000 432 Brookfield Hall, Castletroy
€30,000 515 Brookfield Hall, Castletroy
€30,000 606 Brookfield Hall, Castletroy
€30,000 638 Brookfield Hall, Castletroy
€198,000 Apt 114, The Strand, O’Callaghan Strand
€100,000 The Willows, Tournafulla Villiage
€57,268.72 56 Woodfield Grove, Newcastle West
€172,000 6 Elm Rd, Riverbank, Annacotty
€180,000 60 Siul Na Habhann, Mill Road, Corbally
€114,000 7 Heritage Close, Belfield Gardens, Ennis Road
€48,500 Church Quarter, Kilbehenny
€196,500 Lujan, Fortmary Park, Limerick
€40,000. Woodfield Grove, Newcastle West
€62,731.27 Woodfield Grove, Newcastle West
€147,000 136 Dooradoyle Park, Dooradoyle
€210,000 24 Dromore Rise, Raheen Heights
€50,000 5 County View Terrace, Ballinacurra Road
€135,000 Delta Strada, Ballysimon Road
€125,000 Kilcurly, Adare
€120,000 Thomas Street, Rathkeale
€139,950 22 Lynwoods Park, Ballysimon Road
€88,500 45 Bru Na Grudain, Castletroy
€70,000 67 Caisleann Na Habhann, Castletroy
€70,000 70 Caisleann Na Habhann, Castletroy
€120,000 Scart, Killonan, Ballysimon
€90,000 17 Bengal Terrace Old, Cork Road
€302,000 Apt 1 Curragh House, Ballinacurra
€116,000 Bogmount, Abbeyfeale,
€90,000 Lower Toomaline, Doon
€79,500 Spittle, Glenroe, Kilmallock
€95,000 15 Sycamore Heights, Patrickswell
€72,500 2 Weston Villas, Rosbrien Road
€71,000 3 The Belfry, Abbeyfeale
€111,000 Cleire, Cullinagh, Newcastle West
€72,000 No 46 Wolfe Tone Street
€105,000 10 Beigh Haven, Father Russell Road
€49,000 Gurtinakisteen, Pallasgreen
€430,000 Wickets Edge, Ballycummin, Mungret
€157,000 22 Castlemara, Annacotty
€132,500 55 Ard Aulin, Mungret
€210,000 Castletown, Pallaskenry
€75,000 The Triangle, Killinane, Galbally
€35,000 Ballycushawn, Doon
€10,000 ** Clonlusk, Doon
€165,000 112 Oakfield, Father Russell Road,
€115,000 Ballingarry, Glenbrohane, Ballylanders
€113,656.38 65 Ceol Na Habhann, Caherconlish
€70,000 7 Upper Careys Rd, Limerick
€190,000 33 Highfield, Ennis Road
€107,500 36 Ard Aulinn, Skehacreggaun, Mungret