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Apartment 14, The Weir, Mullingar, Co. Westmeath, Mullingar, Co. Westmeath, N91 KW18

24 homes sold nearby. See what they went for — and what to bid on this one.

€185,000 · 2 Bed · 2 Bath · 75m² · Apartment

Market Position

Below Typical Sale Prices

At €185,000, 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.

Apt 8 The Weir, Market Point, Mullingar, Westmeath
10 The Green, Market Point, Mullingar, Westmeath

24 closed sales nearby · 7mo recency · High confidence · Property Price Register

Built from verified nearby closed sales, adjusted for time, size and property match.
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 €185,000, 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 €9,250 before interest.

Analysing 625,000+ Property Price Register transactions since 2010.

What your report includes

Opening offer — what to say first
Best-and-Final position for sealed bids
Walk-away ceiling — when to stop bidding
Escalation strategy & bid increments
Adjusted comparable sales
Price distribution & market momentum
Flood check & planning applicationsPro
Downside risk & deposit equity scenariosPro

Before You Bid

Before you bid €185,000, see this.

Here is what the data says about this property.

Will This Go Over Asking?

High Likelihood
68%probability of going
above asking

Am I Overpaying?

Low Risk
24thpercentile of
local sales
Well below average for the area

Negotiation Leverage Score

Balanced Market
32/100

These signals interact — full analysis in report.

€9,250

That's what overbidding by just 5% on a €185,000 home costs you — before interest.

A €19 check before a €185,000 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

Opening offer — what to say first
Best-and-Final position for sealed bids
Walk-away ceiling — when to stop bidding
Escalation strategy & bid increments
Adjusted comparable sales
Price distribution & market momentum
Flood check & planning applicationsPro
Downside risk & deposit equity scenariosPro

Based on 24 verified local sales · High confidence

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Instant access · No subscription · Refund if not useful

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From €19 for your strategy on a €185,000 home. Independent valuations start at €150 — same data source, fraction of the cost.

Price Distribution Analysis

24 verified closed sales within 1.5km · 18 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%).

Ask
€125k€380k
Asking €185,000Size-adjusted median Size-adj. Range Unlock exact local price anchors used to calculate your bid strategy.

Asking price is positioned below the size-adjusted median, 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.

Instant access · No subscription · Refund if not useful

Local Market Momentum

-5.8%year-on-year

Unlock to adjust radius, timespan, and comparison window.

Radius: 1.5kmTime: 18m12m vs 12m

Median transaction price per m² has decreased 5.8% 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

24

Transactions Analysed

Within 1.5km

7 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 · 24 Transactions

Size and time adjustments applied before percentile computation.

AddressSoldDateSize
Apt 8 The Weir, Market Point, Mullingar, Westmeath2025-09-1673m²
10 The Green, Market Point, Mullingar, Westmeath2025-11-2175m²
22 more transactions in full report

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

Full methodology →

Local Market Notes

Property Quality

BER Upgrade Potential: The C3 BER rating suggests that a BER upgrade to a B2 rating could cost approximately €8,000-€12,000, potentially increasing the property's value by €15,000-€20,000 and lowering annual energy costs by an estimated €700-€1,000 compared to its current rating.

Details
  • Efficient Space Utilisation: With 75.0m² and 2 bedrooms/2 bathrooms, the property offers a good balance of living space for its size, which aligns with the median of 3 bedrooms and 2 bathrooms found in comparable properties within a 10km radius.
  • Value Optimisation Opportunity: The asking price of €185,000, significantly below the estimated value (€308,872), presents an opportunity to optimise value through strategic renovations, particularly focusing on bringing the BER rating closer to the local market median of C3 and potentially enhancing interior finishes.
  • Hypothesis: Given the C3 BER rating and its location outside Dublin, investing in a targeted insulation and heating system upgrade to achieve a B2 rating could significantly boost the property's market appeal and saleability, especially if comparable properties within a 5km radius predominantly have lower BER ratings.

Amenities

Transport Connectivity: Mullingar is served by Bus Éireann routes that connect to Dublin, and the Mullingar train station provides direct rail links to Dublin Connolly, offering viable commuting options despite being outside the immediate Dublin transport network.

Details
  • Local Amenities: The area around The Weir in Mullingar benefits from proximity to St. Oliver's Community College, Mullingar General Hospital, and a range of retail options including Market Square Shopping Centre and numerous independent shops.
  • Walkability & Services: Residents can access local amenities within a reasonable walk, including various cafes, restaurants, and green spaces such as Mullingar Town Park, supporting a convenient local lifestyle.
  • Hypothesis: The ongoing development and potential enhancement of public transport infrastructure connecting Mullingar to the greater Dublin region, coupled with its established local amenities, could lead to increased property value appreciation over the next five years as more commuters seek more affordable housing options outside the capital.

Derived from nearby closed-sale patterns.

Built on verified Irish public data

Property Price Register

Property Price Register

625,000+ verified closed sales

SEAI

SEAI

Building energy ratings & floor area

Office of Public Works

Office of Public Works

Flood zones, events & study areas

MyPlan.ie

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.