Monday 17 December 2018

Largest number of residential property sales recorded in Dublin 15

(Stock photo)
(Stock photo)
Ellie Donnelly

Ellie Donnelly

Dublin 15, which includes the areas of Castleknock, Blanchardstown, and Clonsilla, recorded the largest number of residential property sales in the capital in the first six months of 2017.

In total 751 sales of residential property took place in the district in six months to 30 June.

The district was followed by Dublin 18, which recorded 387 residential property sale, with Dublin 8 coming is as the third most popular district in the capital, recording 366 sales over the six month period.

Overall, there were 7,461 sales in Dublin the first half of 2017, an increase of 11pc on the 6,714 recorded for the same period last year, according to research from MyHome.ie.

The study found that the number of transactions rose in all but four of Dublin’s twenty-two postal code districts during the six month period.

Angela Keegan, managing director of MyHome.ie said that while the increase in the number of sales was positive the continuing sprawl of the city up to and beyond the M50 was a concern.

"One of the key issues for people buying properties on the outskirts of the city is the commute to work.

While first time buyers are increasingly desperate to buy their own homes, commuting times are increasing at an alarming rate as the city spreads beyond the M50 and this will be a huge issue for Dubliners in the years ahead. But clearly it should be a major concern for our planners right now" Ms Keegan warned.

Close to 300 houses in Dublin sold for €1m or more during the period, while the highest price paid for a house in Dublin in the first six months of the year was the €8.45m spent on 11 Shrewsbury Road in Dublin 4.

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