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jimmy6000

Ireland Has Gone Mental!

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You could have a castle in the countryside with enough left over for a helicopter to fly you to the city - for this 4-bedroon semi-detached piece of crap in dublin - what is going on???

-----Irish Independent 16-03-06---------------------------------------------------------------

€3m price tag on 4-bed city semi a sign of boom times

WITH a price tag that is expected to jump above €3m at auction today this modest family semi detached home (left) is likely to prove beyond the grasp of most young newly-weds.

But given that near neighbours include top chef Patrick Guilbaud and the Argentinian Embassy, auctioneers Lisney are expecting no shortage of interest in this Dublin property.

Number 13 Ailesbury Drive, Donnybrook was built in the early 1950s and when the bidding starts today the advised minimum value for the four bedroom, 2020 sq feet house, with a 92-foot rear garden, will be €2.5m.

But such prices are intended merely to get matters off the ground and industry observers expect it to eventually sell for a considerably higher price.

It is all far removed from the property market of the mid 1990s. In 1995 the highest price reached at auction in the first half of that year was less than £700,000 for a six-bedroom, semi-detached, three-storey house at 51 Ailesbury Road.

Anyone doubting how zany property prices have become should read the latest auction results.

Just last week another semi-detached home in nearby Sandymount had an advised minimum guide of €5m. But at auction the Edwardian home in Park Avenue sold for €9m, a far cry from the £54,695 paid for it in 1974.

That property was not unique as another home in Dublin also sold last week for over €5m. A four-bedroom detached house in Glenageary sold for €6.4m

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You could have a castle in the countryside with enough left over for a helicopter to fly you to the city - for this 4-bedroon semi-detached piece of crap in dublin - what is going on???

€3m price tag on 4-bed city semi a sign of boom times

Its OK they come down in price quite quickly!

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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