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County Westmeath Auctioneers and Estate Agents
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County Westmeath Property Prices
At the outer edges of the Dublin commuter belt, Westmeath was always likely
to get hit hard by price falls. But in the final part of 2008, asking
prices crumbled by 9.9 per cent, bringing the average 2008 house price
down to €232,000.
In 2010 the Co Westmeath Average asking price of a home was €166,000.
In 2010, the market fell by half the rate of the previous year, which
might be counted as good news.
Athlone is home to a thriving Institute of Technology which attracts thousands
of students each year in need of rental accommodation. Estate Agents reckon
this could lure back investors as soon as the market shows signs of recovery.
Q1 2011 Westmeath Average Asking Prices
3 Bedroomed - €147000 ; 4 Bedroomed €216000
Westmeath Facts: The county capital is Mullingar. Other towns include the thriving business centre of Athlone, Moate and Ballymore. The population of County Westmeath is just over 63,000. Historically, Westmeath has a strong agricultural base rising from particularly fertile land in the county. Agriculture today is still one of the principal employers with a variety of mixed drystock, tillage and related agri-businesses and meat production. Manufacturing in County Westmeath is as diverse as its terrain. The broad spread of activity includes plastics, engineering, publishing, milling, wood products and joinery, IT and the services sector for the growing urban areas. Westmeath has strong industrial bases both in Athlone and Mullingar with the Swedish software giant, Ericsson and Utah Medical Products.
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