Home Property Volume and value of house sales in Laois remain low

Volume and value of house sales in Laois remain low

House Prices are on the rise
House Prices

A total of 53 houses were sold in Laois in May, with the most expensive sale coming in at €330,000 as the volume of sales still remain quite low.

However, the number showed an upward swing on the previous month, with 40 houses sold in the county in April.

That month was the quietest month for property sales in the county since January, 2016.

The value of properties sold also dropped in Laois in that period, with the highest valued house exchanging hands for €330,000, for two houses, one property in Durrow and the other on the Dublin Road in Portlaoise.

In the previous month, a house in Portlaoise achieved a sale of €335,000.

The next closest house in value sold during the month of May came in at €300,000 for a home in Acragar in Mountmellick.

In fact those were the only two houses to break the €300,000 mark in the county in the month of May.

After that, there was a significant fall off in the value of houses sold, with the next closest selling at €210,000 for a house at Keelogue, Killesain, Carlow.

Other notable sales during the month included a property in Stradbally which sold for €207,000.00, a house at Maryborough Village in Portlaoise which sold for €202,644.00 and a house in Ballybrittas which achieved €202,643.00.

There has been a downward trend of property sales on a monthly basis over the last number of months.

In March of this year, 52 properties were sold in Laois. In this month, a number of houses also changed hands for much higher value.

In the first four months of the year, 195 residential properties were sold in Laois, making it the lowest figure for that period since 2014. The volume of sales is an indication of a shortage of properties in the county.

Commentators have also remarked on the lack of rental properties in Laois, with many reluctant landlords selling up their properties, now that they are no longer in negative equity.

However, judging by the monthly reduction of houses sold in Laois, it certainly appears that there is also now a shortage of residential houses on the market.

The Residential Property Price Register is produced by the Property Services Regulatory Authority (PSRA) pursuant to section 86 of the Property Services (Regulation) Act 2011.

It includes Date of Sale, Price and Address of all residential properties purchased in Ireland since January 1, 2010, as declared to the Revenue Commissioners for stamp duty purposes.

€330,000 – Liseggeraton, Dublin Rad, Portlaoise – 30/05/2018
€330,000.00 – Ardnas, Knockanoran, Durrow – 16/05/2018
€300,000 – Derryhill, Acragar, Mountmellick – 25/05/2018
€225,000 – 2 Sheskin Court, Portarlington – 31/05/2018
€202,644.00 264 Maryborough Village, Mountrath – 04/05/2018
€202,643.00 – 22 The Close, Graigavern Lodge, Ballybrittas – 16/05/2018
€200,000.00 13 Broomville Court, Fieldbrook, Dublin Road, Portlaoise – 08/05/2018€200,000 – Carricksallagh, Stradbally – 29/05/2018€195,000.00 20 Summerhill, Stradbally Road, Portlaoise – 04/05/2018
€193,000.00 – 96 Castlegate, Portarlington – 17/05/2018
€189,428.00 – 275 Quail Run, Maryborough Village, Portlaoise – 18/05/2018
€185,023.00 171 Maryborough Village, Mountrath Road, Portlaoise – 04/05/2018
€180,000 – 45 Liogard,  Portlaoise – 25/05/2018
€178,000 – 111 Lake Dr, Kilminchy, Portlaoise – 23/05/2018
€177,000.00 – Sancta Maria, Ridge Road, Portlaoise – 08/05/2018
€175,000.00 – Cooolenaugh, Ballickmoyler, Carlow – 11/05/2018
€170,000.00 – 77 Lough Gate, Portarlington – 08/05/2018
€160,000.00 – 2 The Beeches, Forest Park Road, Portlaoise – 10/05/2018
€157,000.00 – 4 Bhruach na Abhann, Maganey, Co. Laois – 11/05/2018
€157,500 – 125 Grann Nua, Portarlington- 31/05/2018
€155,000 – Main Street, Clonaslee – 14/05/2018
€150,000 – 4 Fieldbrook, Portlaoise – 22/05/2018
€145,000.00 – 2 Market Square, Portlaoise – 09/05/2018
€135,000 –  45 Lime Tree Avenue, Portlaoise – 23/05/2018
€135,000.00 Apt 1 First Floor, Block B, Parkside – 01/05/2018
€130,000.00 – 11 Beladd Lower, Beladd, Portlaoise – 11/05/2018
€125,000.00 **No 1 Mooreville, Rathdowny – 22/05/2018

€120,000.00 – Apt 21  Block D, Stradbrook Apartments, Stradbally Road, Portlaoise – 17/05/2018

€120,000 – 48 Highfields Manor, Mullen’s Lane – 22/05/2018

€118,943.00 – 21 Droimnin, Stradbally – 18/05/2018

€117,000.00 – Shanboe, Borris-in-Ossory- 08/05/2018
€115,000 – 29 Cill Beg, Stradbally – 29/05/2018
€112,000.00 – 12 Lakeglen, Portlaoise – 11/05/2018
€100,000 – 94 Crann Nua, Portarlington  – 28/05/2018
€94,000 – 27 Laurel Drive, Esker Hills, Portlaoise – 29/05/2018
€90,000.00 – 61 College Avenue, Mountmellick – 17/05/2018
€90,000.00 – 98 Riverside, Portarlington – 16/05/2018

€87,000 – 25 Emmet Terrace, Mountmellick – 23/05/2018

€85,000.00 – **22 Clonrooske View, Portlaoise – 17/05/2018

€82,000.00 – 24 Hillside Estate, Clonaslee – 16/05/2018

€75,000.00 **73 Marian Avenue, Portlaoise – 17/05/2018

€70,000.00 – Lord Edward Street, Mountmellick – 03/05/2018

€70,000.00 – 8 St Canice’s Terrace, Borris-in-Ossory – 10/05/2018

€65,000.00 – **10 Bruach na Habhann, Green Hill Lane, Portlaoise – 17/05/2018

€60,000.00 Conoboro Rd, Rathdowney – 04/05/2018

€47,000.00 – Drimaterril, Ballinakill – 10/05/2018

€30,000 – Rossmore, Errill, Portlaoise – 23/05/2018

€10,000.00 – Springfield, Ballacolla – 21/05/2018

€8,000.00 – Clonbrock, Crettyard, Carlow – 21/05/2018