REVEALED: The most expensive and least expensive places to buy a house in Ireland 2 years ago

REVEALED: The most expensive and least expensive places to buy a house in Ireland

The difference in prices between the least expensive and most expensive areas is quite staggering.

In news that will come as a surprise to absolutely nobody, Dublin 4 was the most expensive area in which to buy a house in Ireland in 2017.

Determined by Eircode area in figures released by the CSO on Wednesday, it was revealed that the mean price of a house in Dublin 4 in 2017 was a cool €734,721.

Similarly unsurprising was the news that the ten most expensive Eircode areas for household dwelling purchases were all in Dublin, with Dublin 6 (mean price of €729,427) and Glenageary (mean price of €696,999) ranking in second and third place respectively.

The least expensive Eircode area in the capital was Dublin 10, where mean prices in 2017 were just over €200,000 (€202,056).

At the other end of the scale, the least expensive Eircode area in 2017 was Castlerea in Roscommon, where the mean price was just €76,025, almost ten times less expensive than Dublin 4.

Ballyhaunis in Mayo (mean price of €76,098) and Clones in Monaghan (mean price of €84,420) were the second and third least expensive Eircode areas; the map below gives an indication of mean prices throughout the Republic of Ireland.

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Outside of Dublin, the most expensive Eircode area was Greystones in Wicklow (mean dwelling price of €414,244), followed by Bray, also in Wicklow, (€383,862) and Kinsale in Cork (€358,750).

Overall, the Residential Property Price Index showed that, in the year to December 2017, residential property prices at national level increased by 12.3%, compared with an increase of 11.4% in the year to November and an increase of 9.0% in the 12 months to December 2016.

Figures released in a report earlier this week revealed that rent prices in Ireland have also skyrocketed and that there were 3,143 properties available to rent nationwide on 1 February, the lowest number ever recorded for this time of year since the series started in 2006.

The Residential Property Price Index can be read in full here.