The Pretty Charts thread


#113

You’re right, this deserves a bit of drilling into. Bear with me…

(P.S. One of the things that annoys me is that I can’t tell when a single ad represents an entire apartment block or portion thereof. This probably throws all the numbers off quite a bit. I don’t think there’s any way around that, unless anyone has a bright idea? …)


#114

So here are some breakdowns for the rentals on Daft on 10-Dec-2016 (Dublin only). First, a tabular version of the data already available from the graphs for this date:

Looking at just the 1- and 2-bed apartments, here are numbers broken into price buckets (price >= bucket label). While both distributions show an expected right skew, there is a hump around the €3,000 mark in both cases:

Dublin, number of 1-bed and 2-bed apartment rentals by monthly rent, advertised on daft.ie 10-Dec-2016

I augmented the stats with a weekly/monthly flag for each advertised rental. Looking at the 53 x 1-bedroom apartments with prices of at least €2,800, I see that 36 of them are priced “per week”, implying short term lets. Almost all are in either the IFSC, The Gasworks, or Alexandra Walk (near RCSI). Of the remaining 17 which are priced “per month”, all but two are in either The Gasworks, or The Cedars on Herbert Park Lane. Basically, if you’re paying more than €2,800 for a 1-bed apartment you probably work for Google or in the IFSC, or you might be a diplomat or a rich medical student.

The 2-beds follow a similar pattern. 80% of the 130 renting for at least €2,800 are weekly lets, with the remainder clustered around the IFSC and Grand Canal Square.

As Skippy3 notes, these drag the average apartment rental price up considerably. The “real” average is much closer to the median, basically within the initial humps of the two graphs. And indeed, we can re-run the earlier stats eliminating apartments renting for more than €2,800 to get the following comparison:


#115

Pretty Charts (all raw data here)


#116

Thanks for the detective work PS. Very useful

Am still not really sure how to segment the data, or even if it should be.

Personally I’ll give more weight to the median data in future particularly for apartments.


#117

I think the most sensible approach is to drop anything priced “per week” from the stats, as they skew the numbers quite badly and clearly represent a different market segment. I’ll look into it for the next iteration. I want to simplify the regular posts as well, and not have so much verbiage and quick links.


#118

Pretty Charts (all raw data here)
Latest versions available by clicking the headings below


#119

Pretty Charts (more info and links here)


#120

Pretty Charts (more info and links here)


#121

Pretty Charts (more info and links here)


#122

Pretty Charts (more info and links here)


#123

thanks PS for this service, really useful!


#124

Pretty Charts (more info and links here)


#125

Pretty Charts (more info and links here)


#126

Pretty Charts (more info and links here)


#127

Pretty Charts (more info and links here)


#128

Pretty Charts (more info and links here)


#129

Pretty Charts (more info and links here)


#130

Pretty Charts (more info and links here)


#131

Pretty Charts (more info and links here)


#132

Pretty Charts (more info and links here)