Price of Dublin 3-bedroom semi-D tops €400k as prices increase in Cork by 3% in last three months

The price of the average Irish home has risen by 3.5% in the first three months of the year, according to a survey carried out by an estate agents’ body.

The Real Estate Alliance (REA) average house price survey found that the average price of a three-bed semi-detached house now exceeds €400,000 in Dublin.

The average three-bed semi-detached in the capital now costs €404,167, a rise of €15,000 (3.9%) in the last three months and an increase of 12.8% over the past year, according to the survey. An equivalent house in Cork City has risen in value by 3.4%, to €305,000, over the same time period.