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Record of purchase price for properties?

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  • 12-03-2012 10:53pm
    #1
    Barr
    Registered Users Posts: 7,010 ✭✭✭


    Hi All

    I heard a while back that the Government were implementing some kind of record system where you can check the final selling price of a property in any area.

    I can’t find anything on the web - did it ever come in or is there a plan to implement anytime in the future?

    Thanks


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    #2
    Balmed Out
    Registered Users Posts: 4,716 ✭✭✭Balmed Out


    Its on the way alright, hopefully by the end of the summer.
    Heres a link to a recent article concerning it
    http://www.irishtimes.com/newspaper/weekend/2012/0225/1224312358444.html

    "
    Signed into law two months ago, the Bill is awaiting commencement orders that should deliver a searchable house-price database by the end of June. The prices will be collated from the Revenue Commissioners, says Tom Lynch, head of the Property Services Regulatory Authority.
    ........
    Though Revenue is believed to have accurate house-price data stretching back to 2001, the database will initially include information only from January 2010. So that self-satisfied feeling about how little you paid for your preboom house and how much the neighbours paid for theirs is ruled out for now.


    "


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