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13 Mungret Woods, Mungret, Raheen, Co. Limerick, V94 Y5PC

22 homes sold nearby. See what they went for — and what to bid on this one.

€420,000 · 3 Bed · 2 Bath · 120m² · Semi-D

Market Position

Priced Above Local Sales

At €420,000, this home is priced above what most similar properties sold for recently. Buyers at this level have historically paid a premium — a disciplined opening offer and a firm walk-away ceiling are essential.

29 Abbey Way, Mungret Gate, Mungret, Limerick
14 Abbey View, Mungret Gate, Baunacloka, Limerick

22 closed sales nearby · 12mo recency · High confidence · Property Price Register

Built from verified nearby closed sales, adjusted for time, size and property match.
Sources: PPR, SEAI, OPW, planning records.
How this is calculated

We search the Property Price Register for closed sales near this property — matching by location, beds, property type, and where available, floor area (±20%). This gives us a set of genuinely comparable transactions.

Each sale is then time-adjusted to today using local price trends, so a sale from 18 months ago is inflated (or deflated) to reflect current market conditions. Where floor area is known, sales are also size-adjusted — a 90m² sale is normalised to what it would have sold for at this property's size. This means the figures you see aren't raw prices — they're what those same homes would likely sell for today, at this size.

Your bid strategy (opening offer, sealed bid range, walk-away ceiling) is then derived from the statistical distribution of these adjusted sales — with conservative safety margins applied when data is thin or dated.

Every figure comes from actual government-recorded sale prices. No asking prices, no agent estimates, no automated valuations.

Full methodology →

Opening

Start here

Best & Final

If multiple offers

Ceiling

Do not exceed

Before you bid €420,000, get your opening offer, best-and-final range, and walk-away ceiling.

Instant access · No subscription · Refund if not useful

Overbidding by 5% could cost €21,000 before interest.

Analysing 625,000+ Property Price Register transactions since 2010.

What your report includes

Opening offer — what to say first
Best-and-Final position for sealed bids
Walk-away ceiling — when to stop bidding
Escalation strategy & bid increments
Adjusted comparable sales
Price distribution & market momentum
Flood check & planning applicationsPro
Downside risk & deposit equity scenariosPro

Before You Bid

Before you bid €420,000, see this.

Here is what the data says about this property.

Will This Go Over Asking?

Low Likelihood
34%probability of going
above asking

Am I Overpaying?

Elevated Risk
67thpercentile of
local sales
Above average for the area

Negotiation Leverage Score

Seller Advantage
26/100

These signals interact — full analysis in report.

€21,000

That's what overbidding by just 5% on a €420,000 home costs you — before interest.

A €19 check before a €420,000 commitment.

Get Your Exact Bid Numbers for This Property

You've seen the market signals. Now get the exact numbers: where to open, how far to go, and when to walk away.

Built from 625,000+ verified Irish property transactions

Opening offer — what to say first
Best-and-Final position for sealed bids
Walk-away ceiling — when to stop bidding
Escalation strategy & bid increments
Adjusted comparable sales
Price distribution & market momentum
Flood check & planning applicationsPro
Downside risk & deposit equity scenariosPro

Based on 22 verified local sales · High confidence

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Price Distribution Analysis

22 verified closed sales within 1.5km · 18 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%).

Ask
€234k€528k
Asking €420,000Size-adjusted median Size-adj. Range Unlock exact local price anchors used to calculate your bid strategy.

Asking price sits marginally above the median of comparable sales. Median anchored to size-similar transactions.

This chart shows where the asking price sits versus recent verified closed sales. It does not show your bid strategy.Same baseline as Market Position — size-adjusted.

The chart shows the market. Your report gives the number not to exceed.

Instant access · No subscription · Refund if not useful

Local Market Momentum

-10%year-on-year

Unlock to adjust radius, timespan, and comparison window.

Radius: 1.5kmTime: 18m12m vs 12m

Median transaction price per m² has decreased 10% year-on-year, based on the trailing 18-month transaction window.

Indicates softening pricing conditions. Buyers may hold stronger negotiation position.

Recent closed sales are time-adjusted to current market conditions before calculating transaction bands.

Statistical Confidence · High

22

Transactions Analysed

Within 1.5km

12 months

Data Freshness

Most recent sale age

±19%

Price Spread

How much prices vary

High

Confidence Level

Recent sale prices in this area are closely clustered, which means the data is reliable and the bid strategy is well-supported.

High data density supports precise entry positioning.

PPR closed sales · size & time adjusted · no asking prices used

Supporting Evidence · 22 Transactions

Size and time adjustments applied before percentile computation.

AddressSoldDateSize
29 Abbey Way, Mungret Gate, Mungret, Limerick2025-03-11107m²
14 Abbey View, Mungret Gate, Baunacloka, Limerick2025-05-29103m²
20 more transactions in full report

Transactions within a 1.5km radius and 18-month window.

Methodology

Closed sales time-adjusted to current market · size-weighted where floor area available · no asking prices or agent estimates used.

How adjustments work
  • Older sales inflated to current market level so stale data doesn't skew bands
  • Similar-sized properties weighted more heavily where floor area is known
  • Local price trends factored in when sufficient data exists; no artificial uplift otherwise
  • All figures from registered closed sales only — no asking prices, no agent estimates

Full methodology →

Local Market Notes

Property Quality

BER Investment Opportunity: Upgrading the C2 BER rating to a B2 could cost approximately €8,000-€12,000 and potentially increase the property's value by €15,000-€20,000, offering a strong return on investment.

Space Efficiency: With 120m² across 3 bedrooms and 2 bathrooms, the property offers a good balance of living space, aligning with the typical size of semi-detached homes in the area and providing adequate room for a family.

Value Optimization: While the BER rating is C2, indicative of moderate energy efficiency, potential buyers should consider the cost-benefit of energy upgrades. A D-rated property of similar size might incur annual energy costs of €1,800-€2,200, whereas this C2 could be around €1,400-€1,800.

Hypothesis: The C2 BER rating, while not poor, presents an opportunity for value enhancement through targeted insulation and heating upgrades, which could not only reduce ongoing running costs by an estimated €400-€800 annually compared to lower-rated homes but also bolster resale value in an increasingly energy-conscious market.

Amenities

Transport Connectivity: The area is served by multiple Dublin Bus routes, including 25, 66, and 67, providing direct access to Limerick City Centre and surrounding areas, significantly enhancing commuter convenience.

Local Facilities: Residents have convenient access to essential services including the University Hospital Limerick (approximately 2km away), Tesco Raheen (1.5km), and a range of primary and secondary schools like St. Nessan's National School (1km) and Thomond Community College (2km).

Green Spaces and Recreation: The property benefits from proximity to the Mungret Park and Playground (500m), offering ample opportunities for outdoor recreation and family activities within easy walking distance.

Hypothesis: The combination of direct bus routes to Limerick City, proximity to a major hospital and retail park, and accessible green spaces positions Mungret Woods as a highly desirable location for families and commuters, potentially commanding a lifestyle premium in property values compared to areas with less integrated amenities.

Derived from nearby closed-sale patterns.

Built on verified Irish public data

Property Price Register

Property Price Register

625,000+ verified closed sales

SEAI

SEAI

Building energy ratings & floor area

Office of Public Works

Office of Public Works

Flood zones, events & study areas

MyPlan.ie

MyPlan.ie

Planning applications nationwide

Common Questions

Bid strategy figures are derived from the Property Price Register — Ireland's official record of closed residential sale prices, verified through stamp duty. Floor area data comes from the SEAI BER register. Flood exposure is cross-referenced against OPW flood extent mapping (CFRAM fluvial + NCFHM coastal) and historical flood events. Planning activity is sourced from the National Planning Application Database via MyPlan.ie — merged Local Authority planning registers from the Department of Housing. No asking prices, no agent estimates, no automated valuations.