3 Eden Park, Caheronaun, Loughrea, Co. Galway, H62 P268
6 homes sold nearby. See what they went for — and what to bid on this one.
€385,000 · 4 Bed · 2 Bath · 123m² · Detached
Market Position
At the Upper End of Local Sales
At €385,000, this home is priced well above what similar properties sold for in this area. Overpayment risk is high at this level. A structured bid strategy is critical.
6 closed sales nearby · 9mo recency · Moderate 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 €385,000, 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 €19,250 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €385,000, 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.
€19,250
That's what overbidding by just 5% on a €385,000 home costs you — before interest.
A €19 check before a €385,000 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 6 verified local sales · Moderate confidence
Instant access · No subscription · Refund if not useful
From €19 for your strategy on a €385,000 home. Independent valuations start at €150 — same data source, fraction of the cost.
Price Distribution Analysis
6 verified closed sales within 1.5km · 18 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%).
Asking price is positioned above the size-adjusted median. 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.
The chart shows the market. Your report gives the number not to exceed.
Instant access · No subscription · Refund if not useful
Financial Exposure · 30% 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
€385,000
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 · Moderate
6
Transactions Analysed
Within 1.5km
9 months
Data Freshness
Most recent sale age
±20%
Price Spread
How much prices vary
Moderate
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 · 6 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 47 Droim Na Cille, Loughrea, Co Galway, Galway | 2025-05-29 | 122.8m² | |
| 3 Bride St, Loughrea, Galway, Galway | 2025-06-13 | 180m² |
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 C2 Efficiency: The C2 BER rating indicates moderate energy efficiency; upgrading to a B2 rating could potentially cost €8,000-€12,000 but may increase property value by €15,000-€20,000.
Details
- Generous Sizing: With a size of 123m², this detached property offers ample living space, aligning with the '4+ Bed' and 'Large' size categories, which are generally well-received in the market.
- Value Optimization Opportunity: The property's BER rating of C2 suggests potential for energy efficiency upgrades. Investing in insulation and heating system improvements could reduce annual energy costs, estimated at €1,800-€2,200 for a D-rated property of this size, by approximately €1,000-€1,400 annually, increasing both comfort and resale value.
- Hypothesis: The C2 BER rating, while not poor, represents a missed opportunity for significant value enhancement. Focused investment in specific areas like cavity wall insulation (€2,000-€4,000) and an upgraded heating control system (€1,000-€2,000) could lift the BER to a B2, not only saving an estimated €1,000 annually in energy costs but also justifying a price closer to the higher end of market expectations.
Amenities
Connectivity Limitations: The property's location in Caheronaun, Loughrea, does not appear to be directly served by major public transport networks; no specific bus routes, train stations, or Luas/DART stops are listed as immediately accessible in the provided data.
Details
- Local Education Access: While specific names are not provided in the data, the area would typically be served by primary and secondary schools typical of a town like Loughrea, such as Gaelscoil Lios an Uisce and Loughrea Community College.
- Community Services Availability: Local amenities would likely include supermarkets like SuperValu and Tesco, a pharmacy such as O'Connor's Pharmacy, and healthcare access via Loughrea Primary Care Centre, all contributing to essential services within the town.
- Hypothesis: The property's 'Outside Dublin' classification and lack of specific transport links suggest a reliance on private transport. However, its position within the broader Galway region implies access to larger urban centres like Galway City, which is approximately a 45-50 minute drive away, making it more suitable for those valuing rural tranquility over urban convenience.
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 CFRAM flood extent mapping and historical flood events. Planning activity is sourced from national planning application records via MyPlan.ie. No asking prices, no agent estimates, no automated valuations.