5 Irwin Court, Irwin Road, Galway City Centre, Galway City, H91 N9C6
41 homes sold nearby. See what they went for — and what to bid on this one.
€325,000 · 2 Bed · 1 Bath · 46m² · Apartment
Market Position
At the Upper End of Local Sales
At €325,000, 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.
41 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 €325,000, 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 €16,250 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €325,000, 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.
€16,250
That's what overbidding by just 5% on a €325,000 home costs you — before interest.
A €25 check before a €325,000 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 41 verified local sales · High confidence
Instant access · No subscription · Refund if not useful
Price Distribution Analysis
41 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
Local Market Momentum
Unlock to adjust radius, timespan, and comparison window.
Radius: 1.5kmTime: 18m12m vs 12mMedian transaction price per m² has increased 0.9% year-on-year, based on the trailing 18-month transaction window.
Local pricing conditions remain stable. No significant directional pressure.
Recent closed sales are time-adjusted to current market conditions before calculating transaction bands.
Financial Exposure · 25% 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
€325,000
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 · High
41
Transactions Analysed
Within 1.5km
11 months
Data Freshness
Most recent sale age
±12%
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 · 41 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 7 The Cobblestones, Eyre St, Galway, Galway | 2025-08-13 | 71.5m² | |
| 5 Amhra House, Bothar Na Mban, Galway, Galway | 2025-06-12 | 56m² |
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
Energy Efficiency Opportunity: With a C2 BER rating, upgrading to a B2 rating would likely cost between €8,000-€12,000 and could increase the property value by an estimated €15,000-€20,000, representing a profitable renovation. Based on similar C2-rated properties, annual energy costs could be around €1,400-€1,800.
Compact Living: At 46m², this 2-bedroom apartment offers efficient use of space, which is characteristic of city-center living and appeals to those prioritizing location over sheer size.
Value Optimization: The property's estimated value of €340,366 is higher than its asking price, suggesting that with potential BER improvements or minor cosmetic upgrades, the property could readily achieve or exceed its estimated value.
Hypothesis: The C2 BER rating, while not ideal, presents a clear, quantifiable opportunity for value enhancement. Given that the average BER rating for properties sold within 1km over the last 180 days is not provided, it's difficult to determine if this C2 is typical or an outlier, but the cost-benefit analysis for upgrading strongly suggests an investor could capture a significant portion of the estimated value increase.
Amenities
Prime Connectivity: Situated in Galway City Centre, the property benefits from excellent transport links including multiple Bus Éireann routes (e.g., 4, 9, 33, 40) and is within walking distance of Galway Train Station, offering swift access across Ireland.
Urban Lifestyle Hub: Residents have immediate access to a wealth of amenities including major retailers like Brown Thomas, supermarkets such as Tesco, and a vibrant culinary scene with restaurants like Ard Bia and cafes like Kai.
Healthcare Proximity: The property is ideally located near University Hospital Galway (UHG) and several local clinics and pharmacies, ensuring convenient access to essential healthcare services.
Hypothesis: The exceptional walkability within Galway City Centre, coupled with direct access to major transport arteries like the N6 and the proximity to the train station, significantly enhances the property's appeal to young professionals and those seeking an active urban lifestyle, potentially commanding a premium over properties with similar internal specifications but less central locations.
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.