merrion street

The Property Services Regulatory Authority today published the Residential Property Price Register. The Register may be accessed on www.propertypriceregister.ie

The Register includes information on residential properties purchased in Ireland since the 1st January 2010, as declared to the Revenue Commissioners for stamp duty purposes.

It contains the price paid for individual properties and contains details of all residential sales – both cash sales and sales with mortgage. The particulars published in the Register include the price, the date of sale and the address of each residential property sold in Ireland since January 2010. The information will be updated on a regular basis and, for the most part, the information will be published within a month of the date of sale of the property.

The facility will enable members of the public to discover easily and quickly prices paid for properties sold in Ireland since January, 2010. It will provide buyers and sellers with a service they have previously lacked namely, accurate and up-to-date information on the market price of individual properties.

Following today’s launch Justice Minister Alan Shatter said:

In recent years, because of the steep downturn in the property market, it has been difficult to get accurate information on property prices. This uncertainty has led to a lack of investor confidence and has contributed to stagnation in the property market, particularly among first time buyers. The publication of the Register should help to remove some of this uncertainty, restore some confidence in the property market and provide transparency in residential property sale prices.