Sales continue despite price reporting impasse

ESTATE AGENTS who wrapped up sales in the run-up to Christmas want to let the market know the details, but can’t because of the…

ESTATE AGENTS who wrapped up sales in the run-up to Christmas want to let the market know the details, but can’t because of the current impasse over house prices disclosures.

A case in point is the sale of 61 Marlborough Road in Donnybrook, Dublin 4, a three-bedroom terraced house that has changed hands a number of times in recent years.

Peter Kenny of Colliers took the refurbished 269sq m (2,900sq ft) house on his books at the beginning of December, showing it to “10 cash-rich buyers”.

The asking price was €2.6 million. A sale was quickly agreed, says Kenny, and concluded last week.

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“We didn’t get the asking prices,” says Kenny, “but the owners were anxious to move on and knew they were getting a good deal in what they were buying.”

The three-storey house was once home to the artist Jack B Yeats, and at one stage in the early 1990s it boasted window shutters painted by the artist, which unfortunately were removed by the then owners who sold them in 1994 for £216,000.