Over €33m worth of Limerick houses sold this year

Anne Sheridan

Reporter:

Anne Sheridan

Shamrockville on the North Circular Road in the city is still on the market for �1.5m after its priced was reduced, and comes with five bedrooms and four bathrooms. However, mansions with seven figure price tags in Limerick are now very much in the minority
OVER €13m worth of property sales in Limerick have been signed off over the last two months alone, the latest figures from the Property Price Register reveal.

OVER €13m worth of property sales in Limerick have been signed off over the last two months alone, the latest figures from the Property Price Register reveal.

Some 48 properties sold across Limerick this June, though this figure is expected to rise when more sales of houses are added to the register in the coming weeks.

Sales in Limerick for this June amounted to over €5,180,000, down from €7,987,056 in May, while April’s sales stood at €5,594,000 and there was €4,965,575 worth of sales in March. In all, this year’s sales amount to over €33.5m

The most expensive property to sell in Limerick last month was a house in Monaleen for €313,000, and the cheapest last month was for €25,000 in Herbertstown. Just five sales have been added to date for this month, the most expensive of which is a property in Woodlands, Adare for €560,000.

This year’s sales up to the end of June amount to 331, in line with 336 house sales for the same period in 2012. However, sales in Cork are much higher, at 1098, for the same period, with 544 in Galway, 336 in Kerry, 300 in Tipperary, and 224 in Clare. The capital has seen 3,380 sales so far this year. The property price register is searchable from 2010 on and is freely open to the public to view to give people a guide to house prices in their area.

There are currently nearly 3,000 properties for sale through Daft.ie in Limerick, and just six now command a seven-figure price-tag and just 50 of those properties have asking prices in excess of €500,000. Some 200 houses are estimated to be worth a minimum of €300,000 or more.

An auction of ‘distressed’ properties in Dublin under Allsop Space recently had to be abandoned due to protests, as some of the lots are sold by receivers. However, the auction house expects that the majority of the 100 lots will be sold nonetheless after they invited interested parties to make written bids by last week. The results of the sale will be disclosed in the coming week.

LIST OF PROPERTIES SOLD IN LIMERICK FOR JUNE & 2012/13 FIGURES:

€105,000 19 Elm Vale, Annacotty

€80,000 68A Richmond Park, Corbally

€68,000 Kilballyowen, Bruff

€145,000 Newline Road, Rathkeale

€139,750 13 Cherry Drive, Glencairin, Dooradoyle

€235,000 2 Landsdowne Park, Ennis Road

€218,000 ‘Sunnymount’, O’Connell Avenue

€69,295 12 Craghaun, Fr. Russell Road

€115,000 17 Castlerock Woods, Castleconnell

€110,000 5 Glenanaar Avenue, Woodview park

€235,000 Ballyadam, Pallasgreen

€60,000 Caherhennessy, Ballingarry

€247,500 Lissadell, South Circular Road

€95,000 39 The Park, Ros Mór, Crossagalla

€42,000 1 St. Ita’s Terrace, Newcastle West

€190,000 11 The Village, Adare Manor, Adare

€120,000 79 Garanbawn, Murroe

€25,000 Clougherviller, Herbertstown

€136,500 22 Elm Park, Ennis Road

€60,000 6 Gotoonn, Kilmallock

€313,000 2 The Fairways, Old Schoolhouse Road, Monaleen

€45,000 3 Meadowlands Avenue, Old Cork Road

€125,000 92 Garanbawn, Murroe

€80,000 Cooga, Doon

€142,000 22 Carrigeen, Annacotty

€162,000 6 Rushdale Drive, Clareview

€100,000 Elsinore, Ballysimon Road, Limerick

€175,000 Mount Plummer, Broadford

€176,211 114 Kylemore, Monaleen

€82,000 18 Oakview Drive, Ballinacurra

€41,000 185 Bru Na Gruadan, Castletroy

€271,000 38 Meadowlawn, Raheen, Limerick

€100,000 43 Russell Court, Fr Russell Road

€75,000 Cooga, Doon

€50,000 Gormanstown, Bulgaden, Kilmallock

€138,000 45 Cherry Avenue, Caherdavin

€150,000 9 Ballinacurra Terrace, Ballinacurra Road

€75,000 Cullinagh, Newcastle West

€390,000 9 Grangewood, Lisnagry

€75,000 Prospect, Oola

€84,000 Ballinakill, Castlemahon

€71,000 Hundredacres East, Caherconlish

€131,500 9 Elm Park Drive, Croom

€40,000 Newtown, Caherconlish

€313,000 Solerno, Loughanleigh

SALES 2013

January - 57

February - 40

March - 51

April - 69

May - 69

June - 45

Total: 331

SALES 2012

January - 33

February - 49

March - 75

April - 55

May - 62

June - 62

Total: 336