3 Barcoon, Bangor Erris, Bangor Erris, Co. Mayo, F26 Y0Y5
3 homes sold nearby. See what they went for — and what to bid on this one.
€265,000 · 4 Bed · 3 Bath · 123m² · Bungalow
Market Position
Significantly Above Local Sales
At €265,000, this home is priced well above what similar properties sold for in this area. Overpayment risk is high. A structured bid strategy is critical. Percentile unavailable (insufficient asking-price comps) — using median positioning only.
3 closed sales nearby · 15mo recency · Low confidence · Property Price Register
Sources: PPR, SEAI, OPW, planning records.
Bid Model Unavailable
Not enough closed transaction data for this property.
We found 3 comparable transactions within 3.0km over the past 24 months. A minimum of 3 is required to derive a statistically reliable bid strategy. Purchasing a report is not available for this property.
This can happen for properties in lower-turnover areas or very specific property types. Check back as new transactions register on the Property Price Register, or search for a nearby comparable property.
Price Distribution Analysis
3 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 above the median of comparable sales. This places the property outside the core transaction band where most comparable homes closed. 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.
Financial Exposure · 96% 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
€265,000
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 · Low
3
Transactions Analysed
Within 3.0km
15 months
Data Freshness
Most recent sale age
±20%
Price Spread
How much prices vary
Low
Confidence Level
Sale prices in this area vary more than usual, so there is some uncertainty in the figures. Bid conservatively and in small increments.
Limited recent transaction volume reduces trend precision. Strategy remains anchored to closed-sale distribution.
PPR closed sales · size & time adjusted · no asking prices used
Supporting Evidence · 3 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 3 Barrack Road, Bangor Erris, Co Mayo, Mayo | 2025-11-21 | 241m² | |
| Bangor Erris, Ballina, Co Mayo, Mayo | 2025-03-10 | — |
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 Improvement Potential: Upgrading from the D1 BER rating to a B2 could cost an estimated €8,000-€12,000 and potentially increase property value by €15,000-€20,000.
Current Energy Costs: With a D1 BER, annual energy costs for this 123m² bungalow are estimated at €1,800-€2,200, compared to €800-€1,200 for a B-rated property.
Space Efficiency: The property offers 4 bedrooms and 3 bathrooms within 123m², providing a functional layout, though internal space optimization for modern living may be beneficial.
Hypothesis: Investing in a BER upgrade from D1 to a B2 rating not only offers long-term energy savings of €1,000-€1,400 annually but also enhances the property's market appeal, potentially attracting buyers willing to pay a premium for energy efficiency in a market with limited comparable sales.
Amenities
Limited Transport Links: There are no specific bus routes, train stations, Luas or DART stops mentioned as directly serving Bangor Erris, suggesting reliance on private transport for connectivity.
Local Amenities: Specific details on schools, healthcare, shopping, or lifestyle amenities are not provided for Bangor Erris, making it difficult to assess local convenience.
Rural Setting: The address indicates a rural location outside of major urban centers, implying that accessing a wide range of amenities may require travel to larger towns or cities.
Hypothesis: The property's value proposition is heavily tied to its serene rural setting rather than urban convenience; therefore, its appeal will be strongest to buyers prioritizing tranquility and a slower pace of life over proximity to extensive services and public transport.
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.