16 New Street, Macroom, Macroom, Co. Cork, P12 K123
27 homes sold nearby. See what they went for — and what to bid on this one.
€75,000 · 3 Bed · 1 Bath · 85m² · Terrace
Market Position
Below Typical Sale Prices
At €75,000, this home is priced below what similar properties sold for in the area. That's a favourable starting position — but consider a structural survey before committing.
27 closed sales nearby · 10mo recency · High confidence · Property Price Register
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 €75,000, 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 €3,750 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €75,000, see this.
Here is what the data says about this property.
Will This Go Over Asking?
above asking
Probability of a sale above asking based on local bidding patterns.
Am I Overpaying?
local sales
Where the asking price sits in the verified local transaction distribution.
Negotiation Leverage Score
How much negotiation leverage you have based on market conditions.
These signals interact — full analysis in report.
€3,750
That's what overbidding by just 5% on a €75,000 home costs you — before interest.
A €19 check before a €75,000 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
Based on 27 verified local sales · High confidence
Instant access · No subscription · Refund if not useful
Price Distribution Analysis
27 verified closed sales within 3.0km · 24 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%). Filters broadened to increase sample size.
Asking price is positioned below the median of comparable sales, suggesting favourable entry conditions. 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
Unlock to adjust radius, timespan, and comparison window.
Radius: 3.0kmTime: 24m12m vs 12mMedian transaction price per m² has increased 6.4% year-on-year, based on the trailing 24-month transaction window.
Indicates sustained upward pricing pressure in the local market.
Recent closed sales are time-adjusted to current market conditions before calculating transaction bands.
Statistical Confidence · High
27
Transactions Analysed
Within 3.0km
10 months
Data Freshness
Most recent sale age
±14%
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 · 27 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 20 Glen Park, Macroom, Cork, Cork | 2025-09-12 | 115m² | |
| 28 The Gearagh, Meadowlands, Masseytown, Cork | 2024-09-20 | 102m² |
Transactions within a 3.0km radius and 24-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
Local Market Notes
Property Quality
BER Rating Deficit: The property has a G BER rating, indicating very poor energy efficiency and likely high heating costs. Upgrading to a B2 rating could cost an estimated €15,000-€25,000 but could increase property value by €20,000-€30,000.
Size Competitiveness: At 85m², the property is within the average size range for a 3-bedroom terrace home, but its G BER rating significantly diminishes its market appeal compared to more energy-efficient counterparts.
Value Optimization Opportunity: The €75,000 asking price presents a unique opportunity to invest in significant energy efficiency upgrades, potentially transforming a G-rated property into a highly desirable and valuable home.
Hypothesis: The substantial investment required to improve the G BER rating to a C or B standard will be a critical factor in unlocking the property's true market potential, as buyers increasingly prioritize energy efficiency and long-term cost savings.
Amenities
Regional Connectivity: Macroom benefits from Bus Éireann services, with routes connecting to Cork City, providing regional transport links for residents.
Local Services Availability: Macroom town offers a range of amenities including supermarkets like SuperValu, schools such as Scoil Mhuire Gan Smál, and healthcare facilities like Macroom Community Hospital.
Walkable Town Centre: The property's location on New Street places it within walking distance of Macroom town centre, offering convenient access to local shops, cafes, and essential services.
Hypothesis: While Macroom itself offers a good range of local amenities, its direct public transport links to larger hubs like Cork City will be a key determinant of long-term value appreciation, especially as remote working becomes more prevalent.
Derived from nearby closed-sale patterns.
Built on verified Irish public data
Property Price Register
625,000+ verified closed sales
SEAI
Building energy ratings & floor area
Office of Public Works
Flood zones, events & study areas
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.