Apartment 3, Harbour View, Lower Barrack Street, Belmullet, Co Mayo, F26 ET61
2 homes sold nearby. See what they went for — and what to bid on this one.
€169,000 · 2 Bed · 1 Bath · 57m² · Apartment
Market Position
Limited Transaction Data
At €169,000, 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 · 7mo 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 · 25% 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
€169,000
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
7 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 |
|---|---|---|---|
| 113 The Docklands, Barrack Street, Belmullet, Mayo | 2023-09-29 | — | |
| Apt 1 Port Mor, American St, Belmullet, Mayo | 2025-10-23 | — |
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 Improvement Potential: Upgrading the D2 BER rating to a B2 could cost an estimated €8,000-€12,000 but potentially increase the property's value by €15,000-€20,000.
Energy Cost Premium: With a D2 BER rating, estimated annual energy costs are likely between €1,800-€2,200, compared to €800-€1,200 for comparable B-rated properties.
Space Efficiency: At 57.0m², this 2-bedroom apartment offers a density of 32.1m² per bedroom, which is standard but efficient for its size.
Hypothesis: The D2 BER rating, while a significant upgrade opportunity, also positions this property as less appealing to energy-conscious buyers and could represent a discount opportunity, suggesting buyers might expect a 10-15% reduction on an otherwise equivalent property with a higher BER.
Amenities
Limited Connectivity: Belmullet's connectivity relies primarily on local bus services, with no immediate access to train stations, Luas, or DART lines, requiring significant travel for major transport hubs.
Local Services: Belmullet town centre offers essential amenities including Tesco, Aldi, pharmacies like HSE Pharmacy, and educational facilities such as Scoil Náisiúnta na mBuachaillí and St. Brendan's College.
Coastal Lifestyle: The property is situated near the harbour and within walking distance to local pubs like O'Connors Bar and restaurants such as The Chips Shop, offering good local leisure options.
Hypothesis: Belmullet's market value is heavily influenced by its remote coastal charm and local amenities, with connectivity being a secondary factor; properties here may see slower appreciation compared to urban centres but offer stability due to consistent local demand for lifestyle rather than commuter benefits.
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.