HOUSE-SEEKERS can now see what neighbouring houses were sold for alongside current properties for sale.
Daft.ie, the property website, has integrated the Residential Property Price Register into their site, giving house seekers an advantage when they want to buy in a particular area.
This new service also allows users to see how many bedrooms and bathrooms the sold properties have - something that is not available on the register from the Property Services Regulatory Authority. This information is available for properties that were previously listed on Daft.ie.
Kieran Harte, marketing director at Daft.ie said “the release of the Property Price Register was great news for house-hunters and we’re excited to be able to make it part of the house-hunting experience on Daft.ie.
“The more information that is available to potential buyers and sellers; the better. We believe that more transparency will lead to greater confidence and a more sustainable level of house sales,” said Mr Harte.
Data for neighbouring properties which have been sold is available on the maps is available at www.daft.ie/priceregister.
The property price register, which has received a huge response from the public eager to find out what their neighbour’s house actually sold for, includes information as declared to the Revenue Commissioners for stamp duty purposes by those buying the property. The online guide includes the date of sale, price, and address of the property.
The site is compiled by Property Services Regulatory Authority, which was set up by the Minister for Justice this April.
The site reveals that one of the most expensive homes sold in Limerick in recent years was in Eden Terrace, North Circular Road, which fetched €1.75m in 2010, and Winterwood in Adare Manor which went from €12m asking price to a sale price of €1.78m.
However, it has been accepted that the site does contain a number of errors, which have yet to be corrected. The site shows that 55 properties in Castletroy sold in 2010, with wildly varying prices.
One of the most surprising sale prices is a figure of €18m for a house in Curragh Birin, which is obviously incorrect.