3 Palmer's Terrace, Main Street, Ringaskiddy, Co. Cork, P43 HX06
10 homes sold nearby. See what they went for — and what to bid on this one.
€220,000 · 3 Bed · 1 Bath · 86m² · Terrace
Market Position
Below Typical Sale Prices
At €220,000, 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.
10 closed sales nearby · 11mo 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 €220,000, 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 €11,000 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €220,000, 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.
€11,000
That's what overbidding by just 5% on a €220,000 home costs you — before interest.
A €19 check before a €220,000 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 3.0km · 18 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
Statistical Confidence · High
10
Transactions Analysed
Within 3.0km
11 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 |
|---|---|---|---|
| 7 Martello Park, Ringaskiddy, Cork, Cork | 2025-08-25 | — | |
| 1 Westbourne Place, Cobh, Cork, Cork | 2025-10-24 | 275m² |
Transactions within a 3.0km 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 'G' BER rating necessitates significant investment, with estimated upgrade costs to a B2 rating ranging from €15,000-€25,000, which could increase property value by €20,000-€30,000, making it a crucial factor in value optimisation.
Energy Cost Disadvantage: This property's 'G' BER rating will likely result in annual energy costs of €2,500-€3,500, which is substantially higher than the €900-€1,300 typical for a B-rated property of similar size in the local area.
Space Efficiency: At 86m², this 3-bedroom, 1-bathroom terrace offers a reasonable density of rooms for its size, but the single bathroom presents a potential constraint for families or multiple occupants, possibly impacting resale appeal and value.
Hypothesis: The significant disparity between the current market asking price (€220,000) and the estimated value of comparable properties within 1km (€333,387 median price per sqm) is largely attributable to the 'G' BER rating, implying that buyers in Ringaskiddy are currently discounting properties with such low energy efficiency by approximately 30-40% relative to their potential post-upgrade value.
Amenities
Transport Connectivity: Ringaskiddy is served by Bus Éireann routes 225 and 226, providing direct links to Cork City Centre and surrounding areas, enhancing commuter accessibility.
Local Educational Facilities: The area benefits from proximity to Ringaskiddy National School and topical secondary schools in Carrigaline and Passage West, catering to family needs.
Healthcare and Retail Access: Residents have access to local pharmacies and health services in Carrigaline, a major town with a SuperValu and multiple retail outlets, approximately a 10-minute drive away.
Hypothesis: The continued development and expansion of the Marine and Energy hubs in Ringaskiddy, coupled with the existing transport links, are likely to drive demand for housing, positioning properties like 3 Palmer's Terrace, despite their current BER rating, for future capital appreciation as the area becomes a more prominent economic and residential centre.
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.