3 Shelbourne Mews, Shelbourne Avenue, Limerick, V94 AP6R
23 homes sold nearby. See what they went for — and what to bid on this one.
€349,000 · 3 Bed · 3 Bath · 113m² · Terrace
Market Position
Priced Within Local Sold Range
At €349,000, this home is priced within the typical range of 23 recent closed sales nearby. There's room to negotiate — seller leverage is 5.3/10. If bidding heats up, you'll need a clear ceiling to avoid overpaying.
23 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 €349,000, 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 €17,450 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €349,000, 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.
€17,450
That's what overbidding by just 5% on a €349,000 home costs you — before interest.
A €19 check before a €349,000 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 23 verified local sales · High confidence
Instant access · No subscription · Refund if not useful
From €19 for your strategy on a €349,000 home. Independent valuations start at €150 — same data source, fraction of the cost.
Price Distribution Analysis
23 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 · 11% 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
€349,000
Above transaction median
Buying at asking would put you well above what similar homes sold for — that's elevated overpayment risk.
Statistical Confidence · High
23
Transactions Analysed
Within 1.5km
9 months
Data Freshness
Most recent sale age
±18%
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 · 23 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 3 Clareview Ave, Farranshone, Limerick, Limerick | 2025-02-17 | 108m² | |
| 8 Shelbourne Rd, Limerick, Limerick, Limerick | 2025-11-26 | 138.1m² |
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 Premium: The C2 BER rating is moderate; upgrading to a B2 rating (estimated €8,000-€12,000 cost) could potentially increase property value by €15,000-€20,000 based on market trends for better efficiency.
Details
- Spacious Living: With 113m² and 3 bedrooms, this property offers a good size for its type, aligning with the median 3 bedrooms and 3 bathrooms seen in local market data.
- Investment Opportunity: The current asking price of €349,000 with a C2 BER suggests an opportunity to add value by improving energy efficiency, which is a growing factor in buyer decisions.
- Hypothesis: The €326,887 estimated value, significantly lower than the asking price, hints that the market may not fully value the property's size and configuration against its C2 BER, presenting an opportunity for price negotiation or value-add improvements.
Amenities
Local Transport: While specific routes are not detailed, Limerick V94AP6R postcode suggests accessibility to Limerick City's bus network, serving key areas like the University of Limerick and the city centre.
Details
- Essential Services Nearby: The property is likely close to essential services in Limerick, such as the University Hospital Limerick, various local pharmacies, and numerous primary and secondary schools like Scoil Ide.
- Retail and Leisure: Areas around Shelbourne Avenue typically offer a range of shopping options, from local convenience stores to larger retail parks like the Crescent Shopping Centre, and dining spots.
- Hypothesis: The development of improved public transport links and pedestrian infrastructure within Limerick City could significantly enhance the walkability and connectivity of 3 Shelbourne Mews, potentially driving up its value by making it more attractive to a wider range of commuters.
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.