Apartment 15, Riverside Apartments, Newbridge Street, Birr, Co. Offaly, R42 TX44
7 homes sold nearby. See what they went for — and what to bid on this one.
€170,000 · 2 Bed · 2 Bath · 72m² · Apartment
Market Position
At the Upper End of Local Sales
At €170,000, this home is priced well above what similar properties sold for in this area. Overpayment risk is high at this level. A structured bid strategy is critical.
7 closed sales nearby · 27mo recency · Moderate 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 €170,000, 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 €8,500 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €170,000, 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.
€8,500
That's what overbidding by just 5% on a €170,000 home costs you — before interest.
A €19 check before a €170,000 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 7 verified local sales · Moderate confidence
Instant access · No subscription · Refund if not useful
From €19 for your strategy on a €170,000 home. Independent valuations start at €150 — same data source, fraction of the cost.
Price Distribution Analysis
7 verified closed sales within 5.0km · 36 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%). Filters broadened to increase sample size.
Asking price is positioned above the size-adjusted median. This places the property outside the core transaction band where most comparable homes closed. 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
Financial Exposure · 31% 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
€170,000
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 · Moderate
7
Transactions Analysed
Within 5.0km
27 months
Data Freshness
Most recent sale age
±17%
Price Spread
How much prices vary
Moderate
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 · 7 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 7 Riverside, Newbridge St, Birr, Offaly | 2023-05-31 | 74.3m² | |
| 11 Macregol Cuirt, Birr, Co. Offaly, Offaly | 2024-05-08 | 68m² |
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 Rating Impact: With a C1 BER rating, annual energy costs are estimated to be €1,400-€1,800. Upgrading to a B2 rating could cost €8,000-€12,000 and potentially reduce energy bills by €400-€600 annually, while increasing property value by €10,000-€15,000.
Details
- Size Efficiency: The 72.0m² apartment offers a comfortable living space for its 2 bedrooms and 2 bathrooms, aligning well with typical configurations for this property type in many markets.
- Value Optimization: Given the C1 BER, strategic energy efficiency upgrades could yield a return on investment. For example, investing €10,000 in insulation and a modern heating system could enhance the BER to B2, potentially increasing market appeal and value by over €15,000.
- Hypothesis: The property's C1 BER rating, while average, presents a clear opportunity for value enhancement; a focused €10,000-€15,000 investment could elevate its energy efficiency to a B2 rating, making it more competitive and potentially unlocking a €20,000-€25,000 value uplift compared to similar properties with lower BER ratings.
Amenities
Transport Connectivity: Birr's connectivity is primarily serviced by local bus routes; there are no train stations, Luas, or DART stops within a convenient commuting distance to major employment hubs like Dublin.
Details
- Local Amenities: Birr town centre offers a range of essential amenities including supermarkets like Tesco and Lidl, local pharmacies, and the Midland Regional Hospital, Tullamore is located approximately 30km away.
- Lifestyle and Family Services: Residents have access to St. Brendan's Community School, Birr National School, and several local childcare facilities, complemented by amenities like Emmet Square and the Lough Boora Discovery Park.
- Hypothesis: The limited public transport options from Birr to larger urban centres may constrain commuter appeal, suggesting that properties in this location are more suited to those seeking a more rural lifestyle or local employment, rather than daily commutes to cities like Dublin.
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.