Bray People

Steady price in­crease for Co. Wicklow houses

- Business · Real Estate · County Wicklow · Newport County A.F.C. · Dublin · Irish Sea

THE OVER­ALL av­er­age price of houses in County Wicklow in­creased slightly in the first six months of this year com­pared to the same pe­riod in 2019. Ac­cord­ing to the lat­est Res­i­den­tial Prop­erty Price Barom­e­ter from IPAV (In­sti­tute of Pro­fes­sional Auc­tion­eers and Valuers) house prices for the first half of this year have re­mained ‘re­mark­ably sta­ble’.

In Wicklow, the av­er­age price of a three-bed­room house was €317,417, up from €304,109 in 2019. The av­er­age price of a four-bed­room semi-de­tached prop­erty now stands at €395,004 com­pared to €364,375 for the first six months of 2019. The av­er­age price ofaa two-bed­room apart­ment is also up from €205,000 to €216,667.

The prop­erty mar­ket in Wicklow is of­fer­ing buy­ers near and far a fan­tas­tic range of prop­er­ties, from sec­ond hand to brand new with all the mod cons.

Peter Mills of Peter Mills Auc­tion­eers in Ark­low has – like all in his pro­fes­sion – ex­pe­ri­enced a chal­leng­ing 2020, but ac­tiv­ity of re­cent months has shown there is now a great ur­gency among renters and peo­ple liv­ing in Wicklow to buy while the mar­ket is buoy­ant.

‘ The prop­erty is mov­ing,’ Peter says.

The lock­down posed chal­lenges for auc­tion­eers, with so­cially dis­tant view­ings and vir­tual tours prov­ing pop­u­lar with po­ten­tial buy­ers.

Ever since view­ings re­turned there has been a huge de­mand for prop­er­ties, both in town and in sur­round­ing vil­lages.

With strong in­ter­est from lo­cal buy­ers, Peter said, ‘ lo­cal buy­ers are look­ing to trade up. We’ve also seen many peo­ple from Dublin look­ing to re­lo­cate. Peo­ple are in­ter­ested in prop­er­ties with an ex­tra room with the trend for work­ing from home.’

Not­ing the range of prop­er­ties avail­able to buy­ers, Mr Mills high­lighted a prop­erty new to the mar­ket in Ark­low that’s al­ready re­ceived a huge amount of in­ter­est from would-be buy­ers. The Pres­bytery has stun­ning views over the Ir­ish Sea from its first floor. It also has a con­nec­tion to Ark­low’s in­dus­trial past and was one of the homes built by the Kynoch com­pany for work­ers em­ployed at their mu­ni­tions fac­tory.

The three-bed prop­erty was built in the early 1900s. It con­tains bright spa­cious rooms and a big, pri­vate garden with lush green­ery and ma­ture trees.

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