Ballyhaunis is the least expensive Eircode area for properties in Ireland with average prices of €127,500, it has emerged.
The new Central Statistics Office research found the East Mayo area was lowest, however, two west of Ireland counties were amongst the top five nationwide in terms of price jumps.
The study found Castlerea had the second least-expensive Eircode nationwide for property with an average €130,000 price.
Meanwhile, Clones, Co Monaghan was the third least-expensive Eircode Irish area average prices of €136,500 listed.
Viacheslav Voronovich, statistician with the CSO, said: “Outside Dublin, house prices were up by 7.6% and apartment prices rose by 4.8%.
“The region outside of Dublin that saw the largest rise in house prices was the border (Cavan, Donegal, Leitrim, Monaghan, Sligo) at 10.1%, while at the other end of the scale, the midwest (Clare, Limerick, Tipperary) saw a 6.7% rise.”
The latest Residential Property Price Index published today by the CSO revealed residential property prices increased by 6.1% in the year to January 2023.
That was marginally less than the 7.7% jump in the 12-month period between December 2021 and December 2022.
The research found Dublin accounted for the five most-expensive Eircode areas and Blackrock had the highest in the country at €755,000.
Outside the capital, Greystones, Co Wicklow was the most expensive Eircode area with an average prices of €534,999 and Bray was the second most-expensive area.
Elsewhere, Kinsale, Co Cork was third on the list with a costly average property price of €435,000.
The study found the lowest average price for a residential property nationwide during the year to January 2023 was in Co Longford with a cost of €151,500.