With data gleaned from the publicly available property price register, it’s possible to track the number of transacted properties in Youghal town per year.
The great recessionary dip is self evident with the numbers having recovered over subsequent years. 2017 for example, had three times as many transacted properties as 2010 whilst the number just short of doubled between 2014 and 2015 alone.
Long term, it will be interesting to note what the more usual yearly average is as time progresses.
Available since 2010, the property price register can take a bit of work to glean the information you want from it.
Composed at the minute of date, address and transaction price, there is no description of the property recorded such as square footage, number of bedrooms or site size.
If these were recorded, a more accurate and realistic comparative value could be recorded for any given area.
Still, even in it’s basic form, it’s better than nothing as we had before. Taking Youghal as an example, we can track the average property price for transacted properties in Youghal town over the last 7 years.
The collapse in house prices between 2010 and 2013 is evident with some signs of a recovery showing in 2014 and 2015. Then, house prices begin to increase dramatically again for 2016 and 2017. It will be interesting to see how 2018 fares as more properties are transacted during the year.