9 Richmond, Elm Vale, Wilton, Co. Cork, T12 K4VX
4 homes sold nearby. See what they went for — and what to bid on this one.
€495,000 · 4 Bed · 3 Bath · 128m² · House
Market Position
Significantly Above Local Sales
At €495,000, this home is priced well above what similar properties sold for in this area. Overpayment risk is high. A structured bid strategy is critical. Percentile unavailable (insufficient asking-price comps) — using median positioning only.
4 closed sales nearby · 10mo recency · Low confidence · Property Price Register
Sources: PPR, SEAI, OPW, planning records.
Bid Model Unavailable
Not enough closed transaction data for this property.
We found 4 comparable transactions within 5.0km over the past 36 months. A minimum of 3 is required to derive a statistically reliable bid strategy. Purchasing a report is not available for this property.
This can happen for properties in lower-turnover areas or very specific property types. Check back as new transactions register on the Property Price Register, or search for a nearby comparable property.
Price Distribution Analysis
4 verified closed sales within 5.0km · 36 months. Filters broadened to increase sample size.
Asking price is positioned above the median transaction level. This places the property outside the core transaction band where most comparable homes closed.
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.
Financial Exposure · 66% 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
€495,000
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 · Low
4
Transactions Analysed
Within 5.0km
10 months
Data Freshness
Most recent sale age
±20%
Price Spread
How much prices vary
Low
Confidence Level
Sale prices in this area vary more than usual, so there is some uncertainty in the figures. Bid conservatively and in small increments.
Limited recent transaction volume reduces trend precision. Strategy remains anchored to closed-sale distribution.
PPR closed sales · size & time adjusted · no asking prices used
Supporting Evidence · 4 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 113 Bandon Rd, Cork, Cork, Cork | 2025-05-22 | — | |
| Janeville Lodge, Sundays Well Rd, Cork, Cork | 2025-04-04 | 232m² |
Transactions within a 5.0km radius and 36-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 Energy Efficiency: With a B3 BER rating, this property is energy efficient, however, it offers potential for further savings and value increase by upgrading to an A-rated BER which could cost €10,000-€15,000 and potentially increase property value by €20,000-€25,000, given that B3 rated properties have an estimated annual energy cost of €1,200-€1,800 compared to €700-€1,100 for A-rated homes.
Details
- Space Allocation: The property offers a generous 128m² size across 4 bedrooms and 3 bathrooms, which is well-configured for a family and aligns with the higher end of the market, considering the median beds and baths in the 10km radius are 3 and 2 respectively.
- Value Optimization: The difference between the estimated value (€452,085.56) and asking price (€495,000) is €42,914.44, indicating a significant premium being asked that could be reduced to align with market expectations and potentially achieve a quicker sale.
- Hypothesis: While the B3 BER rating is good, the average BER unknown percentage is 100% within 100km, suggesting a potential market gap for properties with verified high BER ratings (A1-A3) which, if achieved through upgrades from this property's B3, could command a 5-7% price premium beyond standard market growth.
Amenities
Transport Links: The property is served by bus routes 214 and 220, providing direct links to Cork City Centre, and is approximately a 15-minute drive to Cork Kent Train Station.
Details
- Local Amenities: Within a 2km radius, residents have access to Wilton Shopping Centre, Cork University Hospital, and numerous primary and secondary schools including St. Catherine's Special School and Scoil Mhuire gan Smal.
- Family & Lifestyle: The area boasts several family-friendly parks such as Fitzgerald's Park and the River Lee linear park, alongside a variety of restaurants and cafes in the Bishopstown and Wilton areas.
- Hypothesis: The concentration of sales within 5km, coupled with the median of 2 bathrooms and 3 bedrooms in that radius, suggests that while this 4-bed, 3-bath property is well-appointed, a slight oversupply of 3-bed, 2-bath semi-detached houses within 2km indicates a potential pricing pressure if demand for larger family homes softens.
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.