46 The Hermitage , Portlaoise, Co. Laois, Portlaoise, Co. Laois, R32 NX4K
16 homes sold nearby. See what they went for — and what to bid on this one.
€345,000 · 3 Bed · 2 Bath · 99m² · Detached
Market Position
Priced Above Local Sales
At €345,000, this home is priced above what most similar properties sold for recently. Buyers at this level have historically paid a premium — a disciplined opening offer and a firm walk-away ceiling are essential.
16 closed sales nearby · 13mo 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 €345,000, 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 €17,250 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €345,000, 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.
€17,250
That's what overbidding by just 5% on a €345,000 home costs you — before interest.
A €19 check before a €345,000 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 16 verified local sales · High confidence
Instant access · No subscription · Refund if not useful
From €19 for your strategy on a €345,000 home. Independent valuations start at €150 — same data source, fraction of the cost.
Price Distribution Analysis
16 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 · 21% 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
€345,000
Above transaction median
Buying at asking would put you well above what similar homes sold for — that's elevated overpayment risk.
Statistical Confidence · High
16
Transactions Analysed
Within 1.5km
13 months
Data Freshness
Most recent sale age
±8%
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 · 16 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 176 The Hermitage, Portlaoise, Laois, Laois | 2025-02-28 | 126m² | |
| 18 Colliers Lane Upper, Portlaoise, Laois, Laois | 2025-10-03 | 123m² |
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 C3 Upgrade Opportunity: Upgrading from a C3 BER rating to a B2 could cost an estimated €5,000 - €8,000 and potentially increase the property's value by €10,000 - €15,000 based on typical market premiums for higher energy efficiency.
Details
- Average Size for Local Market: At 99m², this detached house is well-aligned with the median 3-bedroom, 2-bathroom configuration common in the 10km radius, where properties typically range from 90-110m².
- Value Optimization Potential: While the BER is C3, indicating moderate energy efficiency, there is a clear opportunity to enhance its market appeal and long-term value through targeted insulation and heating system upgrades, potentially reducing annual energy costs by €400-€700 compared to a D-rated property.
- Hypothesis: Properties with a C3 BER rating in this area, when upgraded to a B1 or B2, have historically seen a 5-7% increase in sale price compared to similar un-upgraded properties, suggesting a strong return on investment for energy efficiency improvements.
Amenities
Key Transport Links: This property is well-connected via the M7 motorway (approx. 5km), with Dublin Bus services such as routes 737 (linking to Dublin Airport) and local routes serving the wider County Laois area, offering reasonable access to regional travel.
Details
- Local Shopping and Education: Residents have convenient access to a range of amenities, including Portlaoise town centre's retail offerings like Dunnes Stores and Tesco, along with educational institutions such as Scoil Mhuire Primary School and Portlaoise College within a 3km radius.
- Recreational and Healthcare Access: The property is situated near O'Moore Park for sporting events and Green Mill Lane Park for recreation, while Portlaoise General Hospital provides essential healthcare services, all within a 5km drive.
- Hypothesis: The developing infrastructure and ongoing investment in public transport links around Portlaoise, particularly the expansion of services connecting to the M7 corridor, will likely lead to a 5-10% increase in property values in areas like The Hermitage over the next 3-5 years as commuter appeal grows.
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.