2018 saw €266m in Wex­ford house sales

New Ross Standard - - NEWS - By BREN­DAN KEANE

THERE were 1,516 prop­erty sales worth €266m in Co Wex­ford dur­ing 2018, ac­cord­ing to the Prop­erty Price Reg­is­ter (PPR) pub­lished last month.

The most valu­able one-off sale was that of Bal­ly­com­clone House, in Bal­ly­money, Gorey, which sold for €727,500 in Au­gust.

In terms of hous­ing de­vel­op­ments the high­est value sale in 2018 was the Cas­tle Gar­dens de­vel­op­ment in Coola­dine, En­nis­cor­thy, which sold for €2,423,182 in July.

A num­ber of other high value one-off sales also took place dur­ing the year in­clud­ing Sea La Vie, in Kil­der­mot, Bal­ly­money, which sold for €655,000 in Novem­ber, and the sale of a prop­erty at Bal­ly­con­ni­gar Up­per, Black­wa­ter, in March which changed ownold for €580,000 in March.

In the New Ross area the high­est value prop­erty sold was River­court House, in Cam­blin, which sold for €520,000 in May while in En­nis­cor­thy West­cliff House, on Mun­ster Hill, sold in Septem­ber for €500,000.

The over­all prop­erty sales fig­ure, as of De­cem­ber 5, when the PPR was pub­lished was down on that of 2017 which saw 1,824 sales tak­ing place.

Com­ment­ing on the fig­ures, An­gela Kee­gan, Man­ag­ing Di­rec­tor with My­Home.ie said un­cer­tainty over Brexit was af­fect­ing the mar­ket which de­spite in­creases early in the year had slowed as the year pro­gressed.

She said that na­tion­ally ask­ing prices were up by 9.5 per cent in the first quar­ter of last year, how­ever, by the end of the third quar­ter the rate of in­fla­tion had slowed to 5.9 per cent.

‘Dou­ble or high sin­gle-digit in­fla­tion is not sus­tain­able so the cur­rent trend is pos­i­tive for the prop­erty mar­ket as a whole,’ said Ms Kee­gan.

The im­pres­sive hall­way and stair­case at Bal­ly­com­clone House.

Bal­ly­com­clone House fetched the high­est price for a sin­gle res­i­den­tial prop­erty in County Wex­ford last year.

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