7 Saint Nicholas Street, City Centre, Galway City, H91 ATX0
23 homes sold nearby. See what they went for — and what to bid on this one.
€340,000 · 3 Bed · 2 Bath · 78m² · Terrace
Market Position
Below Typical Sale Prices
At €340,000, 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.
23 closed sales nearby · 10mo 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 €340,000, 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 €17,000 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €340,000, 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.
€17,000
That's what overbidding by just 5% on a €340,000 home costs you — before interest.
A €19 check before a €340,000 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
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 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.
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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 decreased 6.1% year-on-year, based on the trailing 18-month transaction window.
Indicates softening pricing conditions. Buyers may hold stronger negotiation position.
Recent closed sales are time-adjusted to current market conditions before calculating transaction bands.
Statistical Confidence · High
23
Transactions Analysed
Within 1.5km
10 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 |
|---|---|---|---|
| 2 Nicholas St, Merchants Rd, Galway, Galway | 2025-07-22 | 78m² | |
| 31 Long Walk, Galway, Galway, Galway | 2024-12-06 | 118.7m² |
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 Upgrade Opportunity: With a BER G rating, upgrading this 78m² property to a B2 rating could cost an estimated €8,000-€12,000, potentially increasing its market value by €15,000-€20,000.
High Running Costs: The current BER G rating suggests annual energy costs for a property of this size could be €2,800-€3,200, significantly higher than €800-€1,200 for a B-rated property, representing potential annual savings of €1,600-€2,400 after an upgrade.
Standard Configuration: The property's 3-bedroom, 2-bathroom layout with 78m² aligns with the median property configuration in the local 5km radius, offering a functional and sought-after family size.
Hypothesis: The property's BER G rating in a market with strong price growth (5-6% within 10km) suggests a prime opportunity for a buyer to invest in energy efficiency upgrades, thereby unlocking substantial untapped value and improving long-term resale potential beyond general market appreciation.
Amenities
Unrivalled Connectivity: Situated in Galway City Centre, the property benefits from immediate access to Galway Ceannt Station (500m) and major Bus Éireann routes at Eyre Square (300m), offering extensive regional and city-wide transport options.
Urban Lifestyle Hub: Enjoy a vibrant lifestyle with Shop Street's retail (100m), Eyre Square (200m) for green space, and numerous acclaimed restaurants and cafes like The King's Head and McDonagh's on your doorstep.
Educational & Health Access: The property is exceptionally well-located for families with St. Nicholas' Parochial School (200m) and Presentation Primary School (500m) nearby, alongside immediate access to pharmacies and University Hospital Galway (2.5km).
Hypothesis: The property's prime City Centre location, boasting superior walkability and immediate access to transport hubs and cultural landmarks, acts as a significant long-term value driver, insulating it against broader market fluctuations more effectively than properties in less central areas.
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.