Apartment 1b, Crann Mór Cove, Main Street, Clogherhead, Drogheda, Co. Louth, A92 Y171
2 homes sold nearby. See what they went for — and what to bid on this one.
€240,000 · 2 Bed · 1 Bath · 120m² · Apartment
Market Position
Limited Transaction Data
At €240,000, we cannot reliably position this property — only 2 comparable closed sales were found within 5.0km. More local transactions are needed before the data can support a market position estimate.
2 closed sales nearby · 22mo 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 2 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
2 verified closed sales within 5.0km · 36 months. Filters broadened to increase sample size.
Asking price is positioned above the median of comparable sales. 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 · 32% 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
€240,000
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
2
Transactions Analysed
Within 5.0km
22 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 · 2 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 3b Crann Mor, Clogherhead, Louth, Louth | 2024-09-19 | — | |
| 7 Coastal View, Termonfeckin, Co Louth, Louth | 2024-10-15 | 56m² |
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 Investment: Upgrading from the current C3 BER rating to a B2 could cost an estimated €6,000-€10,000 and potentially increase the property's value by €10,000-€15,000, offering a positive return on investment.
Space Efficiency: At 120m², this 2-bedroom apartment offers ample living space, suggesting good room sizes and potential for comfortable living, especially for couples or small families.
Value Optimization: The property is currently listed at €240,000, which is €7,167 below its estimated value of €247,167, presenting an immediate opportunity for equity.
Hypothesis: Investing in minor energy efficiency upgrades to push the BER rating from C3 to B2 could unlock significant long-term savings, estimated at €400-€600 annually compared to D-rated properties, making it a more attractive proposition for environmentally conscious buyers.
Amenities
Transport Access: While specific routes aren't detailed, Clogherhead is served by Bus Éireann routes connecting to Drogheda town centre, which provides further links to Dublin.
Local Services: Clogherhead offers essential amenities including local shops, pharmacies like Fleming's Pharmacy, and healthcare services at the nearby St. Mary's Medical Centre.
Coastal Lifestyle: The property's location in Clogherhead provides excellent walkability to the village centre and its promenade, offering access to local cafes and restaurants and the scenic coastal environment.
Hypothesis: The development of a proposed new coastal walkway connecting Clogherhead to adjacent villages could significantly enhance local walkability and property appeal within a 1km to 3km radius, potentially increasing property values by 5-8% in the coming years.
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 flood extent mapping (CFRAM fluvial + NCFHM coastal) and historical flood events. Planning activity is sourced from the National Planning Application Database via MyPlan.ie — merged Local Authority planning registers from the Department of Housing. No asking prices, no agent estimates, no automated valuations.