AUCTIONS are creeping back into fashion, and for some vendors it’s definitely proving worthwhile: 14 Booterstown Park, a good-sized five-bedroom house in a cul-de-sac off Booterstown Avenue in Co Dublin, was sold under the hammer yesterday for €880,000 – €130,000 over the €750,000 AMV.
Nick Crawford of North’s also sold 32 Knocknacree park in Dalkey, Co Dublin after it was withdrawn at auction on Tuesday – he says it sold for something over its €625,000 AMV.
On the same day, Colliers’ Peter Kenny was happy to have sold 21 Herbert Avenue, off Merrion Road, in Ballsbridge, a 185sq m (2,000sq ft) Victorian house “in tatters”. It had an AMV of €475,000 and made €500,000.
Meanwhile Gunne sold both houses it put up for auction last Thursday, the day before Allsop/Space’s third big auction. Number 21 Waterloo Road in Ballsbridge, which had a reserve of €750,000, sold for €760,000.
And 132 Dublin Road, Sutton, which had a reserve of €250,000, sold straight after auction, reports Marian McQuillan of Gunne Residential. The agency has had three auctions in the past three months: in total, 15 properties went to auction and all sold under the hammer or straight afterwards.
Meanwhile Allsop/Space reports that it has had offers on some of the nine properties left unsold after last Friday’s auction. It sold 56 of the 67 properties on offer.
