A national property price database for Ireland was mentioned as far back as early 2010 – and it finally looks like it is becoming a reality .
The new Residential Property Prices Register will be available online from the 30th September.
The website is Propertypriceregister.ie – and it allows basic searches by county and town. It only holds data on residential properties purchased in Ireland since the 1st January 2010, as declared to the Revenue Commissioners for stamp duty purposes.
The Residential Property Price Register is produced by the Property Services Regulatory Authority (PSRA) pursuant to section 86 of the Property Services (Regulation) Act 2011. It includes Date of Sale, Price and Address of all residential properties purchased in Ireland since the 1st January 2010, as declared to the Revenue Commissioners for stamp duty purposes.
There is no information about the sizes of the houses sold – just the price, the date of sale and the address . The database will be regularly updated – with new sales promised to appear within month of the date of sale
It should help to provide buyers and sellers with accurate and up-to-date information on the market price of individual properties instead of relying on asking prices and estate agent’s bluffing.