Kilkenny's big increase: Counties with largest change in house prices revealed
County Kilkenny saw a 36% increase in house prices from 2010 to 2022, according to a new study conducted by self-storage experts Storage World Self Storage.
The company analysed house prices from 2010 and 2022 to calculate the price change that happened over 12 years and discover the percentage of much the price has changed.
Kilkenny saw a 36% increase over the years, from €209,911.39 to €284,960.95, having a total rise of €75,049.56.
County Dublin comes first with an 80% price increase over the years, from €332,941.86 to €598,906.89, therefore having a total rise of €265,955.03. The growth is considerably higher than any other on the list, making Dublin almost a separate case compared to the other counties.
Second on the list is Wicklow, with a 68% increase. In 2010 the average price for a house was €293,963.28, meanwhile, in 2022, it was €494,460.59 - a rise of €200,497.31.
Further down on the list, Westmeath takes fourth place with a 55% increase, while Laois closes the top five with a 53% increase. Respectively the change in cost has been €87,710.80 and €87,416.01.
The top ten continues with Meath at sixth place with a 48% price increase (€108,354.42), Clare at seventh with 45% (€79,599.88), and Cork at eighth, also with 45% (€103,258.48).
Waterford is ninth with 44%, and Wexford closes the top ten with a 43% increase.
Ken Davis, Regional Manager for Storage World Self Storage, said it was interesting how much house prices have increased over the last 12 years.
“This has a strong impact mostly on younger generations that may start to look to buy a home, however because of this increase, it’s not shocking to discover that many young adults do not think they’ll be able to afford their own house until much older," he said.