House prices now five per cent higher than a year ago

Published 12/07/2014 | 12:00

HOUSE PRICES in County Wexford in early 2014 were five per cent higher than a year ago with auctioneers noticing an increase in demand for properties in Gorey and New Ross in particular.

The latest Daft.ie property figures for the second quarter of 2014 show the slight rise in prices compares with a fall of 6 per cent witnessed in the same period of 2013.

The average house price in the county is now €137,000. Three bed semi detached houses are selling for €84,000 on average, slightly down on the same period in 2013, while four bed bungalows are making €182,000, up 5.8 per cent on the figures for the same period last year. One bed apartments are selling for €46,000, down 4.3 per cent on last year, while two bed terraced houses are selling for €62,000, the same as in early 2013.

The report indicates that five bedroom homes are making slightly more in County Wexford this year compared to last year, selling for €221,000.

Nationally the average price for a house stands at €187,000, while in Dublin house prices have risen by 21 per cent in the past year.

Gorey Guardian

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