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 Post subject: Various - Farmleigh Castleknock
PostPosted: Mon Jun 09, 2008 8:52 pm 
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-3.47% 4 Farmleigh View, Castleknock, 1295000, 1250000, -45000
-15.15% 11 Farmleigh Close, Castleknock, 1650000, 1400000, -250000
-9.39% 12 Farmleigh Close, Castleknock, 1650000, 1495000, -155000

Can't find a the cache.

This must be the turnaround which Sherry Fitz was talking about.


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PostPosted: Wed Jun 11, 2008 12:03 pm 
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Have walked in around this estate a few times about 30% of the houses are sold.Nothing has moved here since x-mas. Heard the developers are in some financial diffficulty. Heard the residents who bought are up in arms over the reduced prices. 150-200k negative equity already.If the banks dont get there money back shortly they will force developer to reduce prices futher. Could be looking at negative equity of 500k before x-mas :shock:


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 Post subject: Re: Various - Farmleigh Castleknock
PostPosted: Wed Jun 11, 2008 12:10 pm 
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verbatim wrote:
-3.47% 4 Farmleigh View, Castleknock, 1295000, 1250000, -45000

This one dropped from 1.45m to 1.4m in Oct 07 -> -200k, -14%

Link


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 Post subject: Re: Various - Farmleigh Castleknock
PostPosted: Wed Jun 11, 2008 12:24 pm 
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jost wrote:
verbatim wrote:
-3.47% 4 Farmleigh View, Castleknock, 1295000, 1250000, -45000

This one dropped from 1.45m to 1.4m in Oct 07 -> -200k, -14%

Link

the Myhome listing wrote:
Farmleigh's location on the edge of the Phoenix Park and its proximity within a five minute walk of Castleknock Village, ensure this home's appeal and continued capital appreciation.


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PostPosted: Wed Jun 11, 2008 12:59 pm 
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Just seen 2 castleknock Manor drop its price from $2.2m down to $1.4m pretty much same location thats 36% drop. Know thats what i call a soft landing


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PostPosted: Wed Jun 11, 2008 1:11 pm 
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Bolsens wrote:
Just seen 2 castleknock Manor drop its price from $2.2m down to $1.4m pretty much same location thats 36% drop. Know thats what i call a soft landing

Interesting. Got any links for this one?


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PostPosted: Wed Jun 11, 2008 1:18 pm 
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No links i enquired of the estate egent when the house first went for sale.
There where 5 together just across from Ben Dunne pad. The estate said at the time ~ oct 97 that 4 out the five had been sold & they where looking for offers in excess of 2.2m for the last one.Found out that only 1 of the 4 had been sold. Rang the estate agent again last week (differernt one than before) & he was looking for offers in excess of 1.4m. He also maintain that the others where sold which i know for a fact is not true. :?


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 Post subject: Re: Various - Farmleigh Castleknock
PostPosted: Wed Aug 27, 2008 7:55 pm 
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verbatim wrote:
-9.39% 12 Farmleigh Close, Castleknock, 1650000, 1495000, -155000


This is now 1,400,000 (-250k, -18%)


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 Post subject: Re: Various - Farmleigh Castleknock
PostPosted: Wed Nov 12, 2008 9:16 pm 
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jost wrote:
verbatim wrote:
-3.47% 4 Farmleigh View, Castleknock, 1295000, 1250000, -45000

This one dropped from 1.45m to 1.4m in Oct 07 -> -200k, -14%

Link


It's now 1,100,000

= 24% drop


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 Post subject: Re: Various - Farmleigh Castleknock
PostPosted: Thu Nov 13, 2008 8:47 pm 
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A word of warning for anyone considering buying in Farmleigh (at whatever level the prices eventually plummet to) - I'm from the local area near Farmleigh and a year ago myself and my other half decided to move from the apartment we were renting in Ashtown over to an apartment in Farmeigh...we thought it'd be nicer there (as our car had been broken into a number of times in the Ashtown apartment complex), the apartment seem to be fitted out with the best fittings, etc etc...

However, once we moved in we discovered that the sound proofing there is non-existent. It is absolutely no exageration to say that we could literally hear the words being spoken by the guy in the apartment above us, could hear the tv programmes he was listening to and the computer games he was playing. We couldn't believe how bad it was - for a place advertised as such a 'luxurious' development.

We stayed there a week but the sound problem was so bad that we made the decision to move back to our original apartment - not half as large or fancy as the other place but we rarely hear any sounds from any other apartments. Luckily we got our deposit back and only had to go through the hassle of moving twice in two weeks.

The dreadful quality of sound proofing seems to be a real problem with the Farmleigh development as I know a friend who bought a 2-bed apartment there with his sister and they've had awful problems with this. They regret buying there as not only are they in negative equity and living in a place which is more than half empty, they also have to put up with hearing everything their neighbour does. I've also hear other such stories on the grapevine....not exactly the quality building standard you'd expect if you'd shelled out the amount of money they've been looking for for them.


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 Post subject: Re: Various - Farmleigh Castleknock
PostPosted: Thu Nov 20, 2008 3:12 pm 
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Rental Patient wrote:

The dreadful quality of sound proofing seems to be a real problem with the Farmleigh development as I know a friend who bought a 2-bed apartment there with his sister and they've had awful problems with this. They regret buying there as not only are they in negative equity and living in a place which is more than half empty, they also have to put up with hearing everything their neighbour does. I've also hear other such stories on the grapevine....not exactly the quality building standard you'd expect if you'd shelled out the amount of money they've been looking for for them.


tell your sis that she can sue the developer if its not up to bulding part L regulations which you can have checked out by an Engineer.


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 Post subject: Re: Various - Farmleigh Castleknock
PostPosted: Sat Jan 31, 2009 3:50 pm 
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verbatim wrote:
jost wrote:
verbatim wrote:
-3.47% 4 Farmleigh View, Castleknock, 1295000, 1250000, -45000

This one dropped from 1.45m to 1.4m in Oct 07 -> -200k, -14%

Link


It's now 1,100,000

= 24% drop


Now 975k from 1.45 million originally = 33% drop


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 Post subject: Re: Various - Farmleigh Castleknock
PostPosted: Thu Feb 05, 2009 9:35 pm 
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verbatim wrote:
verbatim wrote:
-9.39% 12 Farmleigh Close, Castleknock, 1650000, 1495000, -155000


This is now 1,400,000 (-250k, -18%)


Now 1.2 million (-450k, -27%)

http://www5.daft.ie/searchsale.daft?id=358468

Looks like a putting green out back!


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 Post subject: Re: Various - Farmleigh Castleknock
PostPosted: Sat Apr 18, 2009 10:47 am 
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verbatim wrote:
jost wrote:
verbatim wrote:
-3.47% 4 Farmleigh View, Castleknock, 1295000, 1250000, -45000

This one dropped from 1.45m to 1.4m in Oct 07 -> -200k, -14%

Link


It's now 1,100,000

= 24% drop

Now 975k from 1.45 million originally = 33% drop


895k (555k / 38.2% drop)
http://www.daft.ie/searchsale.daft?id=253242

For almost a MILLION euro, you get a terraced townouse, with a very small garden. Go figure.

_________________
"Sitting on the sidelines, cribbing and moaning is a lost opportunity. I don't know how people who engage in that don't commit suicide." - Bertie Ahern, 4/July/2004
"It is irresponsible to suggest that the ‘negative equity’ scenario that occurred in the late 1980’s in the UK could occur in Ireland" - Marie Hunt, Director of Research, CB Richard Ellis - Press Release 17/Apr/2007


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 Post subject: Re: Various - Farmleigh Castleknock
PostPosted: Fri Jun 12, 2015 2:06 pm 
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This was back in 2008, just post peak:

verbatim wrote:
verbatim wrote:
-9.39% 12 Farmleigh Close, Castleknock, 1650000, 1495000, -155000


This is now 1,400,000 (-250k, -18%)


On the market again, asking 895k
http://www.daft.ie/sales/12-farmleigh-c ... n/1072588/

_________________
"Sitting on the sidelines, cribbing and moaning is a lost opportunity. I don't know how people who engage in that don't commit suicide." - Bertie Ahern, 4/July/2004
"It is irresponsible to suggest that the ‘negative equity’ scenario that occurred in the late 1980’s in the UK could occur in Ireland" - Marie Hunt, Director of Research, CB Richard Ellis - Press Release 17/Apr/2007


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