THE AVERAGE ASKING price of a home in Cabra is now just over €328,000, according to the latest figures.

Analysis by Daft.ie of all properties listed in the area in the last three months of 2017 puts the average advertised price at €328,461.

That makes Cabra cheaper on average than some of its Dublin 7 neighbours – including Phibsboro (average price €397,400), Stoneybatter (€356,500) and the North Circular Road area (€367,200).

However, since the recession prices have increased more rapidly in Cabra than anywhere else in the country. The neighbourhood has seen prices rocket by 129 per cent since their lowest level in 2012 – when the average was just €143,400.

Asking prices remain 25% below their Celtic Tiger peak. They hit an average of €438,300 in 2006.

Dublin 7 as a whole has seen some of biggest relative price increases anywhere in Ireland. Cabra is followed closely by Smithfield, the North Circular Road, Stoneybatter and Phibsboro – all of which have seen prices more than double.