€25k Increase In Westmeath House Prices Year-On-Year

A new report has shown yet another increase in midlands asking prices.

House prices in Westmeath have risen by nearly €25,000 year-on-year.

MyHome.ie's latest report shows the average cost of a home in the county is now just under €250,000.

€215,000 is the median price tag on a property in Laois - that's €5,000 more than the same time last year.

While Offaly has seen no year-on-year change, with prices remaining at €230,000.

Nationally, the rate at which house prices are rising has gone up by 7.5% over the year.

Author of the report, Bank of Ireland's Chief Economist, Conall MacCoille says many homes are going for way above the asking price: 

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