Apartment 302, The Park, Lord Edward Street, Limerick, Co. Limerick, V94 K209
93 homes sold nearby. See what they went for — and what to bid on this one.
€225,000 · 2 Bed · 2 Bath · Apartment
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Market Position
Priced Within Local Sold Range
At €225,000, this home is priced within the typical range of 93 recent closed sales nearby. There's room to negotiate — seller leverage is 3.1/10. If bidding heats up, you'll need a clear ceiling to avoid overpaying.
93 closed sales nearby · 11mo 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
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Best & Final
If multiple offers
Ceiling
Do not exceed
Before you bid €225,000, get your opening offer, best-and-final range, and walk-away ceiling.
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Overbidding by 5% could cost €11,250 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €225,000, 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.
€11,250
That's what overbidding by just 5% on a €225,000 home costs you — before interest.
A €19 check before a €225,000 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 93 verified local sales · High confidence
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Price Distribution Analysis
93 verified closed sales within 1.5km · 18 months.
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.
The chart shows the market. Your report gives the number not to exceed.
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Local Market Momentum
Unlock to adjust radius, timespan, and comparison window.
Radius: 1.5kmTime: 18m12m vs 12mMedian transaction price per m² has increased 1.3% year-on-year, based on the trailing 18-month transaction window.
Local pricing conditions remain stable. No significant directional pressure.
Recent closed sales are time-adjusted to current market conditions before calculating transaction bands.
Statistical Confidence · High
93
Transactions Analysed
Within 1.5km
11 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 · 93 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 10 Pery Court, Mallow St, Limerick, Limerick | 2025-05-22 | — | |
| Apt 16, Pery Court, Upper Mallow St, Limerick | 2025-12-15 | 66m² |
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
Cost-Effective BER Upgrade: Upgrading from the current C3 BER rating to a B2 could cost an estimated €6,000-€9,000 and potentially increase the property's value by €10,000-€15,000, presenting a clear return on investment.
Energy Cost Savings Potential: With a C3 BER rating, annual energy costs are estimated at €1,400-€1,800, whereas properties with an A2 rating in Limerick would typically incur annual costs of €800-€1,200, offering a potential annual saving of €600.
Generous Space Allocation: At 120m², this 2-bedroom apartment offers a spacious 60m² per bedroom, which is significantly more generous than the average for similar apartments in the immediate vicinity, suggesting good living space.
Hypothesis: The C3 BER rating, while adequate, presents an opportunity for value enhancement; a targeted €7,000 investment in insulation and heating upgrades could boost the BER to B1 and unlock an additional €12,000 in market value, outperforming the broader market trend of a 3% increase for similar improvements.
Amenities
Excellent Public Transport: The property is well-served by public transport, with Limerick City Bus services including routes 1, 2, and 3 operating frequently within a 500m radius, connecting residents to key areas.
Local Education Hub: The vicinity boasts several educational institutions, including Limerick Institute of Technology (LIT) Coonagh Campus (2km), and primary schools like St. Munchin's Boys National School (800m) and Limerick School Project (1.2km).
Convenient Retail Access: Residents have easy access to shopping facilities, with the Crescent Shopping Centre (1.5km) offering a wide range of retail outlets and supermarkets, alongside numerous local convenience stores within a 1km radius.
Hypothesis: The proximity to the Limerick City Bus routes 1, 2, and 3, coupled with the availability of the Colbert Station (main train station) approximately 2km away, positions this apartment favorably for commuters and reduces reliance on private vehicles, potentially increasing its appeal and long-term value by an estimated 5% compared to properties with less direct public transport access.
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.