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Thursday 2 October 2014

House sales in Wicklow have plummeted since 2010

Published 03/10/2012 | 11:14

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THE NUMBER OF house sales in Wicklow have fallen since 2010 according to the latest figures from the newly established Property Price Register.

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The register which went live online at www.propertypriceregister.ie last Sunday show a total of 714 houses were sold in Wicklow in 2010.

The dearest house sold in the Garden County that year was Knockarron, Cookstown Road, Enniskerry and the house sold for a whopping €1.85 million.

The date of sale was October 10, 2010 and the property was a second hand property.

In contrast the cheapest sale in Wicklow that year was the sale of a property at High Street, Wicklow which sold for €7,500.

However this property doesn't represent the full market price of the property concerned for a variety of reasons.

The sale of the second hand property went through on February 18, 2010.

A total of 566 houses were sold in Wicklow in 2011, a drop of 148 from the previous year.

The dearest house sold also sold for considerably less than the dearest one the previous year with 5, North Shore, Greystones selling for €1.01 million.

The date of sale for the second hand property was December 1, 2011.

The cheapest property, by contrast, sold for a mere €6,295 and was situated at 6, Beechwood Drive, Tinahely.

The date of sale for the second hand property was March 16, 2011.

So far in 2012 a total of 442 properties have been sold in Wicklow.

The dearest property sold so far is Milverton, St. Vincent's Road, Greystones which sold for €1.1 million.

The date of sale for the second hand property was July 9, 2012.

The cheapest property sold was 18 Broomhall Court, Rathnew which sold for €7,000.

However this property doesn't represent the full market price of the property concerned for a variety of reasons.

The sale of the second hand property went through on June 18, 2012.

Full market value may not have been paid for a number of reasons.

For example, the price declared may reflect the retention of an interest in the property by the previous owner, or the fact that a part or fraction only of the property is being purchased; alternatively, the property may have been purchased at a reduced price under the Affordable Homes Scheme. In addition, in a very small number of cases, properties may be declared as purchased in exchange for other property, stocks and shares, etc.

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