8 Strand Chalets, Strand Street, Tramore, Co. Waterford, X91 R5D4
19 homes sold nearby. See what they went for — and what to bid on this one.
€120,000 · 2 Bed · 1 Bath · 23m² · Bungalow
Market Position
Below Typical Sale Prices
At €120,000, 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.
19 closed sales nearby · 8mo 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 €120,000, 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 €6,000 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €120,000, 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.
€6,000
That's what overbidding by just 5% on a €120,000 home costs you — before interest.
A €19 check before a €120,000 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 19 verified local sales · High confidence
Instant access · No subscription · Refund if not useful
Price Distribution Analysis
19 verified closed sales within 1.5km · 18 months.
Asking price is positioned below the median of comparable sales, suggesting favourable entry conditions.
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.
The chart shows the market. Your report gives the number not to exceed.
Instant access · No subscription · Refund if not useful
Statistical Confidence · High
19
Transactions Analysed
Within 1.5km
8 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 · 19 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 2 Knocknarea, Priests Road, Tramore, Waterford | 2025-11-21 | 88m² | |
| 40 Pebble Grove, Tramore, Waterford, Waterford | 2025-03-06 | 75.3m² |
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 Rating Drag: With an F BER rating, upgrading to a C2 would likely cost between €8,000 - €12,000, but could increase the property's market value by €15,000 - €20,000.
Space Inefficiency: At 23.0m², this bungalow is exceptionally small for a 2-bedroom property, significantly below typical standards for comparable dwellings in the area.
Value Optimization Need: The F BER rating suggests significant scope for energy efficiency improvements, with estimated annual energy costs potentially €1,800 - €2,200 higher than a C-rated property of similar size.
Hypothesis: The ultra-compact size of this 23m² chalet, combined with its F BER rating, suggests it may be marketed as a holiday-let or niche accommodation rather than a primary residence, impacting its long-term capital appreciation potential compared to standard family homes in Tramore.
Amenities
Transport Connectivity: Tramore is served by Bus Éireann routes, including routes like the 360 linking to Waterford City, providing essential public transport links.
Lifestyle Hub: The property is situated near Tramore's vibrant town centre, offering access to amenities such as the Metal Man pub, various cafes, and local shops along the main street.
Walkability & Recreation: Residents can enjoy close proximity to Tramore Beach and the sand dunes, offering significant recreational opportunities, with pedestrian access well-catered for along the promenade and town streets.
Hypothesis: The value of properties in Tramore, particularly those near the coast like the Strand Chalets, is heavily influenced by their proximity to beach access and the seasonal influx of tourists, potentially creating a rental yield opportunity distinct from the permanent residential market.
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.