53 Scotch Hall Apartments, Scotch Hall Shopping Centre, Marsh Road, Drogheda, Co. Louth, A92 PN50
23 homes sold nearby. See what they went for — and what to bid on this one.
€189,000 · 1 Bed · 1 Bath · 47m² · Apartment
Market Position
Priced Within Local Sold Range
At €189,000, this home is priced within the typical range of 23 recent closed sales nearby. There's room to negotiate — seller leverage is 3.7/10. If bidding heats up, you'll need a clear ceiling to avoid overpaying.
23 closed sales nearby · 6mo 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
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Best & Final
If multiple offers
Ceiling
Do not exceed
Before you bid €189,000, get your opening offer, best-and-final range, and walk-away ceiling.
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Overbidding by 5% could cost €9,450 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €189,000, 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.
€9,450
That's what overbidding by just 5% on a €189,000 home costs you — before interest.
A €25 check before a €189,000 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
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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 aligns with the size-adjusted median. 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.
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Local Market Momentum
Unlock to adjust radius, timespan, and comparison window.
Radius: 1.5kmTime: 18m12m vs 12mMedian transaction price per m² has increased 16.4% year-on-year, based on the trailing 18-month transaction window.
Indicates sustained upward pricing pressure in the local market.
Recent closed sales are time-adjusted to current market conditions before calculating transaction bands.
Statistical Confidence · High
23
Transactions Analysed
Within 1.5km
6 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 · 23 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| Apartment 25 New Street, Scotch Hall, Drogheda, Louth | 2024-11-04 | 65m² | |
| Apt 6, Scotch Hall, Marsh Rd, Louth | 2025-10-13 | 75m² |
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 Efficiency: With a B3 BER rating, this apartment is in a good energy efficiency class, likely resulting in annual energy costs of approximately €1,200-€1,600, significantly lower than older, lower-rated properties.
Cost-Effective Upgrade: Upgrading from a B3 to a B2 or B1 rating could cost an estimated €3,000-€6,000, potentially increasing the property's value by €5,000-€10,000 and further reducing annual running costs by €150-€250.
Space Efficiency: At 47m², this 1-bedroom, 1-bathroom apartment offers a compact and efficient living space, which is typical for its type and location within a mixed-use development like Scotch Hall.
Hypothesis: The B3 BER rating provides a good baseline energy efficiency, but a targeted investment in specific upgrades, such as improved insulation or high-efficiency heating controls, could cost under €5,000 and unlock a further €7,000-€12,000 in potential value uplift and ongoing savings, making it a strategic investment for a future buyer focused on long-term cost reduction and property appeal.
Amenities
Transport Hub: Located within Scotch Hall Shopping Centre, residents have direct access to bus routes such as the 196 to Dublin City Centre and local Drogheda routes, facilitating excellent connectivity.
Retail & Leisure: Immediate proximity to Scotch Hall Shopping Centre provides access to numerous retail outlets, cafes, and services, while nearby restaurants like The Gourmet Butcher and parks such as Drogheda Town Park offer lifestyle amenities.
Essential Services: Drogheda General Hospital and numerous local clinics and pharmacies are within a short driving distance, ensuring convenient healthcare access for residents.
Hypothesis: The prime location within Scotch Hall Shopping Centre, offering direct access to retail, dining, and bus services including the 196 to Dublin, combined with proximity to Drogheda General Hospital and local schools like St. Mary's Diocesan School, positions this apartment as a highly desirable, convenient living option that may command a premium in the rental market due to its all-encompassing amenity package and strong commuter appeal.
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.