First few results.
1 Vacant flat Dublin Res 142k Sold 148k
2 Investment flat Blackrock Res 202k Sold 270k
3 Investment freehold building Clondalkin Res 120k Sold 139k
4 Investment freehold house Stepaside Res 102.5k Sold 146k
5 Investment flat Dublin Res 175 Sold 177
6 Vacant freehold house Castlebar Res 42 Sold 87
7 Vacant leasehold house Dublin 3 Res 62 Sold 67
8 Investment flat Dublin 1 Res 142 Sold 145
9 Investment freehold building Bray Res 150
They're really making GMAC look more and more incompetent.
Or less and less able to accurately describe the nature of their auction (ordinary wishful thinking householders and not distressed properties)
Prices seem to be settling around the reserve figures
18% above reserve after first 19 lots, courtesy of NamaWinelake.
Lot. Location Result
1 465 Castleforbes Square, Upper Mayor Street, Dublin 1 €148,000
2 Apartment 1,, House 1, Linden Square, Grove Avenue, Co. Dublin, Blackrock €270,000
3 Unit 6, Bawnogue Shopping Centre, Bawnogue Road, Dublin 22, Clondalkin €139,000
4 2 Stepaside Villas, Co. Dublin, Stepaside €146,000
5 Apartment 92B, Smithfield Market, Dublin 7 €177,000
6 27 Knockthomas, Co. Mayo, Castlebar €87,000
7 5 Hibernian Avenue, Dublin 3 €67,000
8 396 Castleforbes Square, Block H, Upper Mayor Street, Dublin 1 €145,000
9 3 Killarney Park, Co. Wicklow, Bray €220,000
10 249 Upper Kilmacud Road, Co. Dublin, Stillorgan €280,000
11 13 The Boulevard, Dublin 15, Tyrrelstown €129,000
12 4A St Fintans Villas, Co. Dublin, Blackrock €66,000
13 1 The Bridge, Co. Kilkenny, Thomastown €50,000
14 Newtown Manor, New Orchard, Co. Kilkenny, Kilkenny City €440,000
15 Apartment 20,, House 1, Linden Square, Grove Avenue, Co. Dublin, Blackrock €285,000
16 4 St Canice's Park, Glasnevin, Dublin 9 €55,000
17 9 Trinity Street, Co. Louth, Drogheda Available
18 Apartment 10 Townsville, St Marys Road, Co. Wicklow, Arklow €71,000
19 434 Castleforbes Square, Block J, Upper Mayor Street, Dublin 1 €132,000
20 35 Ailesbury Road, Dublin 4 €2,325,000
21 Unit 3 Windmill Lodge, Windmill Road, Crumlin, Dublin 12 €54,000
22 Unit 1 Windmill Lodge, Windmill Road, Crumlin, Dublin 12 €73,000
23 1 The Green, Clover Meadows, Belmont Road, Co. Waterford, Ferrybank €95,000
WOW that Blackberry Glade went for 149,000 the reserve was 122,000
Pretty property in Cork went for over twice it's 270 reserve. Someone will be pleased!
€325k for Lot66, the unfinished house in Dalkey, I thought it would go for a lot more, the views are fab, I want a roof garden with those views!
is there anywhere online i can follow this auction?
There's a link in the first post
This smashed the reserve by €1m
Prices still seem to be high. Anyone been looking at this ?
I'd guess the people in the other Allsop thread a few below yours have been
only just noticed it after I posted
One and two bed flats in dublin city centre trading for a third of what they were 5 years ago, established dwellings in southern Dublin city burbs down substantially too but i feel there is still further scope for prices to fall another 30 % over the coming 36 months. I predict one bed apt in dublin city centre will reach its bottom price at around 60 -70 k.