Houses sell far above guide prices

The thorny issue of pre-auction guide prices looks set to be as controversial as ever this spring, as a number of properties sold in Dublin auction rooms last week far above their guide prices.

The thorny issue of pre-auction guide prices looks set to be as controversial as ever this spring, as a number of properties sold in Dublin auction rooms last week far above their guide prices.

In Mount Merrion, a six-bedroom detached property at 1 The Rise sold at auction for €2.86 million. This was 68 per cent above the €1.7 million guide price listed by the property's selling agents, Lisney.

Known as Winstead, the ...