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There's a new online tool to help house buyers compare prices

And it’s pretty easy to use. The Central Statistics Office has released the online tool to aid buyers in their quest to land a home.

5/3/3014. Property Signs Source: Eamonn Farrell/Rollingnews.ie

THE CENTRAL STATISTICS Office (CSO) has today launched a new online tool to aid house buyers across the country.

The interactive portal, catchily-titled ‘House Prices by Eircode’ takes your Eircode routing key (the first three characters of whatever code) and throws back price information for the area in question.

It’s very user-friendly, although more digging will be required if you’re searching for specific information.

You’ll need to know your Eircode (which, let’s face it, you don’t), but a link to the online code finder is included. Alternatively, you can use the name of the area, but we found it quicker to search for the Eircode and then use that.

cso The information revealed isn't necessarily happy information unfortunately Source: CSO

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The tool will tell you the average price of property in the area over the last 12 months (up to July 2016), together with comparisons between that asking price and the national average, and the contrast between new builds, second-hand, and unoccupied homes changing hands.

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The volume of sales in the area for the last six years is also returned.

The blurb for the new option states that it is designed to work in conjunction with the Residential Property Price Register. Also, it says it “harnesses the power of Eircodes”. Which is nice.

Evaluation? It’s quite slick and very worthwhile for a quick check, but given no drilldown detail is given on the types of home being talked about or the specific areas in which they fall, it’s probably best utilised as a starting point for buyers only.

It’s still pretty handy though. Check it out here.

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