House Price Register

68Murph68

Monty Burnz wrote: »

Amusing that the civil service, paid to do this sort of thing, don't bother, and rely on members of the public to do it for nothing.

What is interesting is the section on the website with the information about the re-use of the data.

http://www.propertypriceregister.ie/website/npsra/ppr-copyright-en.html

Re-use includes copying, issuing copies to the public, publishing, broadcasting and translating into other languages. It also covers non-commercial research and study.

Re-use is subject to the following conditions. You must:
Acknowledge the source and our copyright in cases where you supply the information to others;
Reproduce the information accurately;
Not use the information in a misleading way;
Not use the information for the principal purpose of advertising or promoting a particular product or service;
Not use the information for or in support of illegal, immoral, fraudulent or dishonest purposes.
Authorisation to reproduce any material on the website which may be the copyright of a third party must be obtained from the copyright holder concerned.

The Property Services Regulatory Authority is not liable for any loss or liability associated with the re-use of information and does not certify that the information is up-to-date or error free. The Property Services Regulatory Authority does not authorise any user to have exclusive rights to re-use of its information.


I'd imagine it would be relatively easy for a computer programmer to manipulate the data so that it was viewable on Google Maps, which would be add a lot of value to the data.

However the bit on

Not use the information for the principal purpose of advertising or promoting a particular product or service

would seem to rule out the possibility of making any money out of making the data more user friendly.

Also it will be very interesting to see how often and quickly it is updated.

68Murph68

All around the country you hear the gnashing of teeth of estate agents.

Makes their specialised insider knowledge of the market worthless.

Wonder if this will lead to a drop in their fees or a further decrease in business?

Long-term I find it hard to see what estate agents will bring to the table.

68Murph68

Year Sold Total Cost Average Cost

2010 20769 5,268,783,602.13 253,684.99

2011 17982 3,872,820,037.96 215,372.04

2012 to date 14231 2,769,046,990.97 194,578.53

Some very early numbers pulled from the data.

No real surprises

Is there any chance of past years being added at some future stage as information about the boom years would surely be invaluable.

murphaph

68Murph68 wrote: »

Year Sold Total Cost Average Cost

2010 20769 5,268,783,602.13 253,684.99

2011 17982 3,872,820,037.96 215,372.04

2012 to date 14231 2,769,046,990.97 194,578.53

Some very early numbers pulled from the data.

No real surprises

Is there any chance of past years being added at some future stage as information about the boom years would surely be invaluable.

That's a serious decline in average cost!
From 254k to 195k in less than 3 years! :eek:

The data exists for the boom years. Would need to be included but is possible.

The_Conductor

murphaph wrote: »

That's a serious decline in average cost!
From 254k to 195k in less than 3 years! :eek:

The data exists for the boom years. Would need to be included but is possible.

Its less than 8% fall per annum- which to be totally honest with you- is a lower fall than the CSO figures suggest- which I would assume means we're dealing with an incomplete dataset.

Thread stickied folk- I have a funny feeling this is going to be a very popular hangout!

Inbox

Its a real pain having to type in the captcha words :mad:

What does this mean? ** - Denotes Not Full Market Price

House around the corner from me went for 45k but has the asterixs beside it?

StillWaters

smccarrick wrote: »

murphaph wrote: »

That's a serious decline in average cost!
From 254k to 195k in less than 3 years! :eek:

The data exists for the boom years. Would need to be included but is possible.

Its less than 8% fall per annum- which to be totally honest with you- is a lower fall than the CSO figures suggest- which I would assume means we're dealing with an incomplete dataset.

Thread stickied folk- I have a funny feeling this is going to be a very popular hangout!

Isn't it the CSO who were using the incomplete data set whereas this data is complete? It looks right to me from a quick perusal.

The_Conductor

The CSO data seems to have just over 5k more properties than this does?
I'm going to have a play around with the database see what I can figure- something doesn't add up......... Hmmmmmm

68Murph68

smccarrick wrote: »

Its less than 8% fall per annum- which to be totally honest with you- is a lower fall than the CSO figures suggest- which I would assume means we're dealing with an incomplete dataset.

Thread stickied folk- I have a funny feeling this is going to be a very popular hangout!

Can you check your figures? Cant see where you are getting the 8% decrease figure from.

Year Average Price Decrease Percentage Decrease

2010 253,684.99
2011 215,372.04 38,312.95 15.10%
2012 194,578.53 20,793.51 9.65%

The_Conductor

68Murph68 wrote: »

Can you check your figures? Cant see where you are getting the 8% decrease figure from.

Year Average Price Decrease Percentage Decrease

2010 253,684.99
2011 215,372.04 38,312.95 15.10%
2012 194,578.53 20,793.51 9.65%

Thanks for pulling me up on it- I was doing the calculation in my head- didn't cop I only had 2 full years worth of data- versus the 3 years in the CSO spreadsheet. Difference is actually less than one percent when using the same time delineation.

Pity its so damn hard to accurately drill down at a county level- short of manually going through possible matches.

RATM

Not knowing the size of the properties is a big problem. For instance in August 2011 an apartment sold for €116k, Castleforbes Sqaure. These same Liam Carroll built apartments were on firesale by Allsopps during the same period so it might be them.

But in order to asses it price wise we need to know if it was a one or two bed. If it is two then €116k seems good value for money, if it is a one bed then not as much so.

All we get though is the following :-

Property Size Desc.: greater than or equal to 38 sq metres and less than 125 sq metres

That could mean anything.

A quick Google around reveals that no 434 Castleforbes is a one bed apartment. What is also interesting is that it was on an Allsop auction in July 2011, a month before it sold, for a reserve not lower than €132k. So in the end it sold for €116k, about 12% below an already low asking price.

68Murph68

Might be worthwhile for people to sending an email to info@psr.ie with details of any clear errors in the data?

My favourite one so far is 116 Harolds Cross, Dublin 6, Co. Kerry sold on the 5th of February 2010 for €230,000. Price seems a bit high for a gaff in Kerry but Harolds Cross is very useful if are working in the city centre.

It looks like little to no effort was made to review that data for blatant errors.

RATM

I think I've spotted either a mistake or else a property that has sold for 90% less than of its asking.

http://collapso.dyndns.org/JavaHost/servlet/MySQLsalehistory?id=404143

251 Clontarf Road, which was once on for €1.15 million is listed as sold for €108k in Jan 2011 on the Price Register.

http://www.propertypriceregister.ie/Website/NPSRA/PPR/npsra-ppr.nsf/eStampUNID/UNID-6EA5E0B5922F8F6680257A7D00568692?OpenDocument

strandroad

RATM wrote: »

I think I've spotted either a mistake or else a property that has sold for 90% less than of its asking.

http://collapso.dyndns.org/JavaHost/servlet/MySQLsalehistory?id=404143

251 Clontarf Road, which was once on for €1.15 million is listed as sold for €108k in Jan 2011 on the Price Register.

http://www.propertypriceregister.ie/Website/NPSRA/PPR/npsra-ppr.nsf/eStampUNID/UNID-6EA5E0B5922F8F6680257A7D00568692?OpenDocument

There are some glitches in it I think. I saw a house with a sale price of 44k (most likely 440k) and another house that was advertised at 315k last year, then appears in the register with 150k sale tag, and later on was advertised again at 350k and just recently went sale agreed. None of them is marked as "not market value" so not sure what is going on there.

SavageHenry

There seem to be properties missing which have definetly sold in the last few months, and all from the same estate agent. Going only by the Dublin 5 area and houses that I had been to view/interested in.

leahyl

I was looking for one particular property that went sale agreed about 6/7 months ago and no sign of it! Also saw a house that sold for "10k" apparently :-O

the groutch

does anyone know why the price listed for my property (yes I looked it up) would be about 14% lower than the agreed selling price?

Zamboni

*drools*

mark renton

the groutch wrote: »

does anyone know why the price listed for my property (yes I looked it up) would be about 14% lower than the agreed selling price?

"If the property is a new property, the price shown is exclusive of VAT at 13.5%"

Tenshot

the groutch wrote: »

does anyone know why the price listed for my property (yes I looked it up) would be about 14% lower than the agreed selling price?

Was there a consideration for "fixtures & fittings" in the overall sale price, to reduce the stamp duty a little?

bertieinexile

Map here
https://www.google.com/fusiontables/embedviz?viz=MAP&q=select+col1+from+1DPF-P9zWyqh9Cs1lshvOuIf8jOliDmOvNsdyu3w&h=false&lat=53.30462107510271&lng=-6.686837515624968&z=7&t=1&l=col1


more
http://www.boards.ie/vbulletin/showpost.php?p=81026765&postcount=16

flintash

flintash wrote: »

Most amazing founding so far: compare them and look on google street view. More expensive house is the last in the culdesac

19/08/10 18 Carrig Court, Carrignavar Cork €307,000.00 No
26/10/10 16 Carrigcourt, Carrignavar, Co Cork Cork €185,877.17 No

Two same identical bloody houses.

I've seen similar and bigger differences in one estate in Louth, there could be a lot of people very, very upset if they check it out.

washman3

I know of a house that had an asking price of €380k around 2008.
This same house was sold 6 months ago for what was rumoured to be €250k.
The auctioneer would swear blind that was the selling price.
However the new NPR lists the house as being sold for €190k.
Why was this auctioneer bluffing when he knew (or did he) that the truth would be published via the register.

sockpuppets

some of these prices listed are wrong. or they are not showing VAT maybe?
i know people who bought recently, their houses are listed but for less then they paid?

jkforde

bertieinexile wrote: »

Map here
https://www.google.com/fusiontables/embedviz?viz=MAP&q=select+col1+from+1DPF-P9zWyqh9Cs1lshvOuIf8jOliDmOvNsdyu3w&h=false&lat=53.30462107510271&lng=-6.686837515624968&z=7&t=1&l=col1


more
http://www.boards.ie/vbulletin/showpost.php?p=81026765&postcount=16

hey BIE, that map is great but why do the prices not show up in the popup box when you click on a property, only #E0 is displayed (or is it just on my end??). i know it's probably down to database formatting, field type etc but anyway to fix it if one downloads the table data. anyhow, it'll be very interesting when the social science GIS people get busy with this data.....

murphaph

There seems to be an error on houses prices. The house i bought in 2010 is down for 29k less than what i actually paid for it. And my friends house is 22k less than what she paid . Not very reliable

...says a poster on AAM.

Hmmm, not really all that useful if there can be such big differences in there. Neither buyers nor sellers are really interested in the value declared to Revenue for stamp duty purposes. We all want to know how much A paid to B IN TOTAL for property x.

Why is everything in Ireland a fcuking fudge or a "nearly right". These sorts of considerations for fixtures and fittings render the "prices" somewhat useless.

xper

Interesting stuff. As others have pointed out, there are definitely missing sales. In fact, each of three sales completed this year that I would have a 'nosey' interest in are missing (Co. Dublin/Co.Wicklow).

And of the 15 or so second-hand bungalows/semi-ds that I had been keeping tabs on having gone sale agreed/sold/disappeared and are in the register, one went for 20% above asking, one went for asking and the rest went for 5-20% below asking. All in good areas of south county Dublin, all this year and half of them in the last ten weeks. A small sampling but it doesn't smack of the investor feeding frenzy that some posters on these forums and some EAs have been insisting is now in progress in this area. That said, some of them did come and go very quickly but it sounds to me like the sellers, especially in executor sales, are setting the asking price in the full expectation of getting and accepting a bid 10-20% lower in the current market. Only that one above-asking sale indicates a bidding war and, having now seen other selling prices in the area, it is not too surprising.

bertieinexile

jkforde wrote: »

hey BIE, that map is great but why do the prices not show up in the popup box when you click on a property, only #E0 is displayed (or is it just on my end??). i know it's probably down to database formatting, field type etc but anyway to fix it if one downloads the table data. anyhow, it'll be very interesting when the social science GIS people get busy with this data.....

Thanks for the heads up. Prices should be popping up now

Monty Burnz

washman3 wrote: »

I know of a house that had an asking price of €380k around 2008.
This same house was sold 6 months ago for what was rumoured to be €250k.
The auctioneer would swear blind that was the selling price.
However the new NPR lists the house as being sold for €190k.
Why was this auctioneer bluffing when he knew (or did he) that the truth would be published via the register.

Auctioneers are not the smartest people around. Sneaky, yes. Smart - no.

Monty Burnz

murphaph wrote: »

...says a poster on AAM.

Hmmm, not really all that useful if there can be such big differences in there. Neither buyers nor sellers are really interested in the value declared to Revenue for stamp duty purposes. We all want to know how much A paid to B IN TOTAL for property x.

Why is everything in Ireland a fcuking fudge or a "nearly right". These sorts of considerations for fixtures and fittings render the "prices" somewhat useless.

Could be VAT.