WEXFORDDOWNTABLEBUT HOUSEPRICESSTILLRISING

THE CSO HAS A NEW RESIDENTIAL PROPERTY PRICE INDEX WHICH INCLUDES CASH PURCHASES FOR THE FIRST TIME. EXTRACTS THE WEXFORD FIGURES

AVERAGE house sale prices in all areas of County Wexford recorded increases last year, according to the latest CSO Household Price Survey.

And there has been an average across the board rise of €30,000 on July 2016 sales compared to those in the same period last year. The year-on-year increases show the biggest rises the prices of all types of dwellings in Wexford town with average sale prices rising from €125,259 in 2014 to €141,362 in 2015, an increase of 12 per cent.

In Gorey, sale prices rose from €142,376 to €151,253, a seven per cent rise; in Ennisocorth average sale prices went up from €112,823 to €126,445, an increase of six per cent, while New Ross prices rose the least, from €106,182 to €111,176, up almost five per cent.

The rise in prices in County Wexford compared to Kinsale at 40 per cent, the biggest rise in the state recorded during the 2014-2015 period. Dunboyne in Co Meath recorded the second highest price rise, going up by 33.3 per cent in the year to €355,000, a rise of almost €89,000.

The biggest price fall was found by the CSO to be in Cahir, Co Tipperary. Prices fell by €20,000 in the year to €105,000, a drop of 16 per cent.

The most expensive local authority area to buy a house is the Dún Laoghaire-Rathdown area of Co Dublin, where in 2015 buyers paid an average of €568,980. The least expensive county to buy a house in 2015 was Co Longford, where the average price paid was just €79,660.

The most expensive houses are in Dublin 6, which includes Dartry and Rathgar, with an average price of €694,000 this year.

Residential property prices are now 35pc lower than at their highest level, which was achieved in April 2007, according to the CSO index which is based on stamp duty returns and for the first time includes first time buyers.

Following is an extrapolation of the key figures from the CSO index in County Wexford. Residential dwelling property transactions by all types in County Wexford in 2015:

Filings - Volume of sales 1,602; Average sale price €114,758; Value of Sales €183.8 million; Executions 1,546; Average sale price €118,602; Value of sales €183.4 million. In 2014:

Filings - Volume of sales 1,415; Average sale price €110,895; Value of Sales €156.9 million; Executions 1,427; Average Sale price €110,096; Value of Sales €157.1 million. In 2010:

Filings - Volume of Sales 735; Average Sale Price €133,882; Value of Sales €98.4 million; Executions - Volume of Sales - 761; Average Sale Price €129,867; Value of Sales €98.8 million. First time buyers - 2015:

Filings - Volume of sales 203; Average sale price €127,752, Value of Sales €25.9 million; Executions - Volume of Sales 198; Average Price €127,946; Value of Sales €25.3 million. First time buyers - 2014

Filings - Volume of sales 226; Average Sale Price €120,726; Value of Sales €27.3 million; Executions - 213, Average Sale Price €123,464; Volume of Sales €26.3 million. First time buyers - 2010

Filings - Volume of Sales 222; Average Sale Price €145,133; Value of Sales €32.2 million; Executions - Volume of Sales 225; Average Price €145,381; Volume of Sales €32.7 million. County Wexford: Purchases of all dwelling types sold in in July, 2016:

Volume of Sales 83; Value of Sales €14.1 million and average price €169,271; County Wexford: Purchases of all dwelling types sold in July, 2015:

Volume of sales 150; Value of Sales €21 million and Average Sale Price €140,207. Wexford town: Purchases of all dwelling types sold in July, 2016:

Volume of Sales 33, Value of Sales €6.3 million and Average Sale Price €190,485 In July, 2015:

Volume of Sales 52, Value of Sales €7.2 million and Average Sale Price €141,150. New Ross: Purchases of all house types sold in New Ross in July, 2016:

Volume of Sales four; Value of Sales €500,000 and average price €127,125. In July, 2015:

Volume of Sales 17; Value of Sales €1.7 million and average price €102,029. Gorey: Purchases of all house types sold in Gorey in July, 2016:

Volume of Sales 21; Value of Sales €3.4 million and average price €159,762. In July, 2015:

Volume of Sales 48; Value of Sales €7.4 million and average price €154,895 Enniscorthy: Purchases of all house types sold in Enniscorthy in July, 2016:

Volume of Sales 25; Value of Sales €3.9 million and average price €156,000. In July, 2015:

Volume of Sales 37; Value of Sales €5.0 million and average price €134,344. Wexford town: New house sales July, 2016:

Volume of sales two; Value of Sales €700,000 and average price €328,747. In July, 2015.

Volume of sales two; Value of Sales €300,000 and average price €161,650. New Ross: New House sales July, 2016: 0 In July, 2015: New House sales July, 2015: 0 Gorey: New House sales July, 2016:

Volume of Sales two; Value of Sales €400,000 and average price €210,000. In July, 2015:

Volume of Sales two; Value of Sales €100,000 and average price €72,500 Enniscorthy: New House sales, July 2016: In July 2015:

Volume of Sales five; Value of Sales €700,000 and average price €129,056. 0

Overall in the South East, prices rose by 12.8 per cent during 2015, compared to an increase of 8.7 per cent in 2014, with no figure quoted for 2010 and a fall of 20.9 per cent in 2011, a fall of 17.2 per cent in 2012, and a 5.8 per cent fall in 2013.

County sales breakdown 2015/2014 prices - all dwellings

Wexford town: 2015 sales 442, Volume of Sales €62.5 million, Average Sale Price €141,362

Wexford town: 2014 sales 402, Volume of Sales €50.4 million, Average Sale Price €125,259

Gorey: 2015 sales 379, Value of Sales €57.3 million, Average Sale Price €151,253

Gorey: 2014 sales 359; Value of Sales €51.1 million, Average Sale Price €142,376

Enniscorthy: 2015 sales 332; Value of Sales €42 million; Average Sale Price €126,445

Enniscorthy: 2014 sales 304; Value of Sales €34.3 million; Average Sale Price €112,813.

New Ross: 2015 sales 177, Value of Sales €19.7 million, Average Sale price €111,176

New Ross: 2014 sales 157, Value of Sales €16.7 million, Average Sale Price €106,182

The CSO differentiates between stamp duty executions and filings as there is often a delay between a purchase of a given property being made (execution date) and the stamp duty return for the same property being sent to Revenue (filing date).