Because the above was suggesting that we are back at these bubble levels which we are clearly not. There is a little dead cat bounce going on in some type house but even considering this I bet nearly all those houses are still over 50% down on peak, don’t know why people want to get their knickers in a twist by saying were heading back to peak levels… Way off them
What attracts people to this road? I honestly think its possibly the most overrated ‘tree lined’ street in Dublin. I can see why one would want to live in one of the homes in the stretch between Palmerston Park and Cowper Road (Temple Villas), but after that (where this house is located) the houses are really ordinary red-bricks. There’s nothing wrong with being ordinary, but with the prices these houses ask and have asked over the years, I cannot comprehend the attraction. Most homes at Temple Villas, Temple Gardens, Palmerston Park and Cowper Road are top class, these are not but yet they seem to achieve (or at least ask) high prices.
I know a lot of people aren’t big fans of Orwell Park, but I’d take one there any day before considering somewhere like Palmerston Road. It may be busy, and presumably noisy, but at least the vast majority of houses are very well looked after and I doubt there are many, if any, broken up into apartments and pre '69 dumps. There’s been a few nice ones on Orwell Park sold for prices around the same as this is asking.
I think there is considerable difference in price between those address you said and palmerston road, particularly temple gardens and cowper road. What is intresting is how popular the road has become, I read on here a persons parents brought a home there in 1989 for 90k punts, that’s when the national average home price was 45k punts, now the the national average is 160k, imagine if you could get a house there for 320 k that would be nice