New Developments in Malahide

Interested Observer wrote: »

I don't know anything about the houses themselves but I'd probably prefer the location of Ashwood.

It’s certainly a much closer location to the village and the castle, albeit on a much busier road.

I think they’ll all insanely priced.

The Clairville ones have been on the market for ages and don’t seem to be shifting. They’re lovely but not great value. They don’t include a washer dryer in the utility rooms (I mean for 900k that’s a bit of a joke), the internal doors have single pane glass which you’d have to replace with small kids and the stoves in the fireplaces are wood burning only - no coal. The aspect of these houses has a huge impact on price - north facing only for 900k. The access to these isn’t great - you wouldn’t walk down that lane in the dark. However, the development is in the catchment area for St Sylvesters (if schools matter).

Ashwood Hall has a better location and we thought it looked amazing! Advertised as an exclusive development of 56 houses and they are priced as such. There is a huge drawback though that nobody seems to be talking about. There is planning permission for not only a second phase but also a huge number of houses directly below the new ones. There’ll be a road going through the estate (passing the 1.2m 5 beds) and down to the new houses, coming out onto Kinsealy lane. They’re big houses but will they hold their value if there are hundreds more around them? Check out the fingal coco website for details of the plans....

There are a couple of houses left in Hazelbrook which are a much better value but a little smaller and further out (30mins walk to the village). They are not in the Malahide catchment area for any of the schools.....

Pkiernan wrote: »

Malahide just can't be beaten.

No scumbags AND no Southside ponces.

Best of both worlds!

its no dalkey:pac:

johndoeoreilly wrote: »

Ashwood hall and Brookfield Developments in Malahide back road are in the direct flight path for 2nd runway at Dublin Airport. They want flights running all through the night so i would say it will be very noisy during the day and at night.

See links below:

irishtimes.com/business/transport-and-tourism/dublin-airport-renews-offer-to-buy-houses-for-runway-plan-1.2717406

ycharts.com/indicators/10_year_3_month_treasury_spread

The US Treasury use the 10 year 3 month and 10 year 2 year bond yields as their barometer for a recession which is currently over 40% for a recession in 2020. The 10 year 3 month and 10 year 2 year bond yields went inverted in August 2019 which has predicted the last 5-6 recessions

seekingalpha.com/article/4294331-u-s-yield-curve-reliably-predicts-u-s-recessions

I would say prices will drop after BREXIT and recession in 2020,
Brookfield Development pretty much the same house as Ashwood Hall but cheaper and is priced less than Ashwood Hall, wonder why?? overpriced???

I won't be buying any new house until 2020 when developers and estate agents will be biting the hand off cash buyers!!! Cash ready but not willing to pay list price. #negotiate

Prices have already dropped by €25,000 in two weeks since launch. It’s on daft.ie

Thanks for this - very interesting! Not sure I’m reading it right but it looks like this runway would also impact the estates on the other side of the village like Seapark?

The builder has built a few of the new estates like Castleway and Ashwood hall and they’ve now moved on to Brookfield. All of the other estates have had large houses with the smallest being around 1700 sq ft. The Brookfield houses are much smaller (from 1200 sq ft) than the rest and mostly a mix of 3 and 4 bed semis.

Im curious as to where the builder has met their 10% social housing obligations on these new developments....

Lots of houses still available so will be interesting to see how it pans out.

3 beds at 620k is insane money

I think most of Ashwood Hall sold for around 600k for the 4 beds

brisan wrote: »

You have obviously never been there Fri ,Sat night ,during the communion season or on a bank holiday weekend

Jealousy is a cruel mistress...

Anyone bought in these new estates?
What do you think?

zootroid wrote: »

I thought the Ashwood Hall 4 bed semis were selling for around €785k? There's still one on MyHome.ie for that price, but I think it's very expensive given it's size is 148 square metres

You’re right there I think. I’m looking at the Brookfield houses which are far cheaper for pretty much the same houses. I’d also be interested to hear some opinions on the area?

Polkadotpjs wrote: »

You’re right there I think. I’m looking at the Brookfield houses which are far cheaper for pretty much the same houses. I’d also be interested to hear some opinions on the area?

I’ve kept an eye on this area as I’d like to buy here but couldn’t justify the asking prices. Sales are slow and there are drops in Ashwood hall looking at the PPR.

21 Ashwood Hall sold for 756k (was asking 785k)
43 Ashwood Hall sold for 1.05M (asking 1.05M)
44 Ashwood Hall sold for 1.04M (asking 1.05M)
45 Ashwood Hall sold for 975k (asking 1.05M)

43/44/45 virtually identical, same type and same orientation.

So while asking prices have only dropped 10k (785k to 775k) the builder is taking offers below this!

Brookfield have only sold 4 houses out of 80 and they dropped the asking on the 3-bed semi from 620k to 595k a few days ago (none had sold).

Clairville Lodge have sold 30/34 (possibly 37).

Personally I would expect a decent drop in both Ashwood Hall and Brookfield as these are small builders and can’t leave them sit empty for years unlike Cairn Homes. Probably 10% by next summer

3d4life wrote: »

I found myself in the Claireville estate late one afternoon a couple of weeks ago. Was astonished that a soft ice cream van was plying its trade. Would that be normal in estates around Malahide ?

Was he selling ice cream or drugs ??
If it was ice cream then its perfectly normal

Smouse156 wrote: »

I’ve kept an eye on this area as I’d like to buy here but couldn’t justify the asking prices. Sales are slow and there are drops in Ashwood hall looking at the PPR.

21 Ashwood Hall sold for 756k (was asking 785k)
43 Ashwood Hall sold for 1.05M (asking 1.05M)
44 Ashwood Hall sold for 1.04M (asking 1.05M)
45 Ashwood Hall sold for 975k (asking 1.05M)

43/44/45 virtually identical, same type and same orientation.

So while asking prices have only dropped 10k (785k to 775k) the builder is taking offers below this!

Brookfield have only sold 4 houses out of 80 and they dropped the asking on the 3-bed semi from 620k to 595k a few days ago (none had sold).

Clairville Lodge have sold 30/34 (possibly 37).

Personally I would expect a decent drop in both Ashwood Hall and Brookfield as these are small builders and can’t leave them sit empty for years unlike Cairn Homes. Probably 10% by next summer

Hi, did the agent tell you that no 3 beds had sold in Brookfield? Last I heard they had sold out and gone back in for planning for more. Maybe that changed though with Covid.

I agree on the prices, and would expect them to drop too in the coming months.