Apartment 15, The Pier, Market Point, Patrick Street, Mullingar, Co. Westmeath, N91 XKT5
15 homes sold nearby. See what they went for — and what to bid on this one.
€185,000 · 2 Bed · 2 Bath · 120m² · 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.
15 closed sales nearby · 7mo 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 €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
Before You Bid
Before you bid €185,000, 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.
€9,250
That's what overbidding by just 5% on a €185,000 home costs you — before interest.
A €25 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
Based on 15 verified local sales · High confidence
Instant access · No subscription · Refund if not useful
Price Distribution Analysis
15 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 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
Statistical Confidence · High
15
Transactions Analysed
Within 1.5km
7 months
Data Freshness
Most recent sale age
±15%
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 · 15 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 6 The Barge, Market Point, Patrick St, Westmeath | 2025-09-24 | 79m² | |
| 21 The Deck Marketpoint, Mullingar, Westmeath, Westmeath | 2025-10-09 | 80m² |
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 Potential: With a B3 BER rating, while good, there's an opportunity to improve; upgrading to an A-rated property could cost approximately €5,000-€10,000 and potentially increase the property's value by €10,000-€15,000, while reducing annual energy costs by an estimated €500-€1,000 compared to a D-rated property.
Generous Space: The 120m² size of this apartment is substantial, placing it in the 'Large' size category and likely offering more usable space than the median 3-bedroom properties in the 100km radius market, which average a median of 3 bedrooms.
Configuration Mismatch: While the property has 2 bedrooms and 2 bathrooms, the median for the broader market (100km radius) is 3 bedrooms and 2 bathrooms, suggesting this 2-bedroom configuration might be less desirable for families or larger households, potentially impacting resale value.
Hypothesis: The discrepancy between the property's 2-bedroom configuration and the 3-bedroom median in the wider market suggests that while its size is appealing, its ability to cater to a broader demographic may be limited, potentially capping its price growth unless the local market prioritizes larger living spaces over more bedrooms.
Amenities
Transport Hub Proximity: Mullingar is served by national bus routes, with Bus Éireann providing services to Dublin and other major towns, and the Mullingar train station offering direct rail links to Dublin Connolly, making it a well-connected commuter town.
Local Convenience: The property is located near Market Point and Patrick Street, placing it within easy reach of Mullingar town centre's amenities, including shops like Tesco and Lidl, St. Colmcille's National School, and Mullingar General Hospital.
Leisure & Green Space: Residents can enjoy nearby amenities such as Mullingar Park, Mullingar Golf Club, and a variety of local restaurants and cafes, enhancing the lifestyle appeal of the area.
Hypothesis: The ongoing investment in Mullingar's infrastructure, particularly transport links and town centre regeneration projects indicated by developments like Market Point, suggests that properties in well-located areas such as this apartment will likely see sustained or increased demand from both local buyers and commuters seeking more affordable access to 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.