2 Caherina Cottages, Tralee, Tralee, Co. Kerry, V92 A58H
10 homes sold nearby. See what they went for — and what to bid on this one.
€245,000 · 3 Bed · 3 Bath · 145m² · Terrace
Market Position
At the Upper End of Local Sales
At €245,000, this home is priced above what similar properties sold for — buyers at this level tend to overpay without a defined ceiling.
10 closed sales nearby · 9mo 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 €245,000, 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 €12,250 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €245,000, 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.
€12,250
That's what overbidding by just 5% on a €245,000 home costs you — before interest.
A €19 check before a €245,000 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 10 verified local sales · High confidence
Instant access · No subscription · Refund if not useful
Price Distribution Analysis
10 verified closed sales within 1.5km · 18 months.
Asking price is positioned above the median of comparable sales. This places the property outside the core transaction band where most comparable homes closed.
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.
The chart shows the market. Your report gives the number not to exceed.
Instant access · No subscription · Refund if not useful
Financial Exposure · 15% Above Median
If purchased at asking, you are paying above where most similar homes sold. A defined ceiling is designed to close this gap.
If purchased at asking
€245,000
Above transaction median
Above Upper Range
Buying at asking would put you well above what similar homes sold for — that's elevated overpayment risk.
Statistical Confidence · High
10
Transactions Analysed
Within 1.5km
9 months
Data Freshness
Most recent sale age
±20%
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 · 10 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 16 Strand St, Tralee, Kerry, Kerry | 2025-05-08 | — | |
| 9 Walshes Terrace, Strand St, Tralee, Kerry | 2025-02-25 | 75m² |
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
Local Market Notes
Property Quality
BER Investment: With a D1 BER rating, upgrading to a B2 would likely cost between €8,000-€12,000 but could increase the property's value by €15,000-€20,000, representing a financially sound investment opportunity.
Space Utility: At 145.0m², this 3-bedroom, 3-bathroom terrace property offers a generous 48.3m² per bedroom, which is spacious for its type, suggesting good potential for comfortable family living or rental.
Value Optimization: The current asking price of €245,000 is below the estimated value of €262,476, indicating an opportunity for buyers to potentially secure the property at a discount or undertake value-adding improvements.
Hypothesis: The D1 BER rating, while requiring investment for improvement, offers a strategic opportunity for value enhancement; by focusing on insulation, heating systems, and window upgrades, a buyer could significantly reduce annual energy costs (estimated €1,800-€2,200 for D1 vs €800-€1,200 for B2) and simultaneously boost market appeal and resale value.
Amenities
Transport Links: While specific routes are not provided for this Tralee location, the general area is typically served by Bus Éireann routes connecting to regional hubs, and the nearest train station is Tralee Railway Station, providing national rail connectivity.
Local Services: The property is situated in Tralee, which offers a range of amenities including University Hospital Kerry, primary and secondary schools like Tralee CBS Primary School and Mercy Mounthawk Secondary School, and shopping facilities such as The Square Tralee.
Recreational Access: Nearby lifestyle amenities likely include The Denis O'Maha Community Centre with sports facilities, and green spaces such as Tralee Bay Wetlands Centre, offering opportunities for outdoor activities and family enjoyment.
Hypothesis: The property's location in Tralee, a significant urban center in Co. Kerry, suggests good underlying amenity support. However, the lack of specific immediate public transport route numbers in the data implies that relying on private transport or longer walks to core services might be a factor for potential buyers, which could be a slight detractor compared to properties in more transit-rich areas.
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.