3 Clarence Terrace, Summerhill North, St. Lukes, Co. Cork, T23 V9H9
19 homes sold nearby. See what they went for — and what to bid on this one.
€510,000 · 5 Bed · 2 Bath · 222m² · Terrace
Market Position
Below Typical Sale Prices
At €510,000, 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.
19 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 €510,000, 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 €25,500 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €510,000, 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.
€25,500
That's what overbidding by just 5% on a €510,000 home costs you — before interest.
A €19 check before a €510,000 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 19 verified local sales · High confidence
Instant access · No subscription · Refund if not useful
Price Distribution Analysis
19 verified closed sales within 1.5km · 18 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%).
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.
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Local Market Momentum
Unlock to adjust radius, timespan, and comparison window.
Radius: 1.5kmTime: 18m12m vs 12mMedian transaction price per m² has increased 19.5% year-on-year, based on the trailing 18-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
19
Transactions Analysed
Within 1.5km
10 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 · 19 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 63 Wellington Rd, St Lukes, Cork, Cork | 2025-04-19 | 196.9m² | |
| 4 Alexandra Terrace, St Lukes, Cork, Cork | 2025-03-31 | 186m² |
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 Rating Impact: The SI_666 BER rating is significantly below current standards, likely an 'F' or 'G' rating. To improve this to a 'B2' rating would likely cost between €15,000 - €25,000, but could increase the property's market value by €25,000 - €35,000 and reduce annual energy costs from an estimated €2,500-€3,500 to €1,000-€1,500.
Size and Space Efficiency: With 222m² and 5 bedrooms, this property offers substantial living space. However, the two bathrooms for five bedrooms may be a constraint for larger families or groups, potentially impacting its appeal and resale value without an additional bathroom upgrade.
Value Optimization Potential: Given the low BER rating, significant investment in insulation, heating systems, and potential window upgrades would be necessary to bring the property up to a competitive standard, with an estimated €15,000-€25,000 investment required for substantial improvement.
Hypothesis: The current SI_666 BER rating, combined with a potential bathroom deficit, suggests that immediate capital expenditure for energy efficiency and amenity upgrades is crucial for this property to align with market expectations and achieve its full valuation potential, especially considering nearby properties may hold higher BER ratings.
Amenities
Transport Connectivity: While specific bus routes, train stations, or Luas stops are not detailed for the immediate T23V9H9 postcode, being in Summerhill North, St. Lukes, Co. Cork, indicates likely access to Cork City Centre's extensive bus network, with routes such as the 200, 206, and 214 serving nearby areas connecting to Kent Station.
Educational Facilities: The St. Lukes area is known for its proximity to educational institutions, likely including secondary schools like North Presentation Community College and primary schools such as Scoil Mhuire Gan Smál, and potentially within reach of Cork Institute of Technology or University College Cork for higher education.
Healthcare and Retail Access: Residents can expect good access to healthcare, with the Bon Secours Hospital and Cork University Hospital within reasonable driving distance, and numerous pharmacies in the wider Cork city area. Shopping is well-catered for with convenience stores in Summerhill North and the larger retail offerings at Mahon Point Shopping Centre accessible via public transport.
Hypothesis: The St. Lukes location, while not in Dublin and thus lacking Luas/DART, offers strong connectivity within Cork City and its environs, with a hypothesis that its established residential nature and proximity to key urban amenities would command a premium if it were subject to similar development and transport infrastructure upgrades seen in Dublin's suburban 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.