AILESBURY ROAD has provided a handy litmus test for the health of the Dublin property market in the past. At the peak of the market in 2006, around 30 per cent of the most expensive homes sold were on the road. Prices increased more than tenfold from 1995 to 2006 – when one of its typical three-storey redbricks fetched over €15 million.
However, here as in every other neighbourhood, prices are well back and it will be interesting to see if 3 Ailesbury Road, a couple of doors down from St Michael’s School, manages to attract a buyer. It’s a big handsome house that has been renovated by its investor owner and is for sale through Gunne at €8.9 million.
“It’s a magnificent property on the sunny side of the road restored in the last five to six years with all its original detail retained,” says agent Marian McQuillan. Interested parties may have noticed that a mews built in what would have been the end of the garden of number 3 is also for sale through Sherry FitzGerald at €2m-plus.