€7.3m worth of property sold in Limerick last month

Anne Sheridan

Reporter:

Anne Sheridan

Clonkeen House in Barrington's Bridge, Lisnagry, which has sold for �585,500
OVER €7.3m worth of houses sold across Limerick last month, representing a 30% fall-off in the value of sales on the previous month.

OVER €7.3m worth of houses sold across Limerick last month, representing a 30% fall-off in the value of sales on the previous month.

In all, 57 houses in Limerick sold in September, amounting to just over €7,332,000 in sales.

August, however, had one of the busiest sales periods of the year, resulting in €10.6m worth of sales from 70 properties.

While the figures for October are not yet fully up to date, provisional listings from the Property Price Register show that 29 houses have sold so far this month, the most expensive of which was Ballyanrahan in Patrickswell for €360,000.

Last month, the most expensive which went through the register - again for stamp duty purposes - was Clonkeen House in Barrington’s Bridge, Lisnagry, which fetched €598,500.

The five-bedroom, two storey house was built by the Barrington family and dates from 1780.

So far this year there have been 624 sales of houses in Limerick, in comparison to 600 for the same period last year.

Three stud farms in Limerick have sold in recent months, including Mellon Stud in Kildimo, which was sold to an American buyer for close to its asking price of €4.75m; and two other stud farms have been snapped up by Qatari interests.

There are just less than 3,000 properties in Limerick currently for sale through the property website Daft.ie.

Of those, just five have price-tags in excess of €1m, namely - Shamrockville on the North Circular Road (€1.5m), 8 The Demense in Adare Manor (€1.4m), Kilpeacon House in Crecora (€1.2m), Heathfield Castle in Ballinruane, Kilmeedy (€1.9m), and Ballyvoughan, Ardagh (€1.45m).

New to the market is Roseville House in Corbally, a five-bedroom period residence for €600,000.