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apartment 4, rhebogue house, rhebogue, co. limerick, v94 fn70

22 homes sold nearby. See what they went for — and what to bid on this one.

€225,000 · 2 Bed · 1 Bath · 77m² · Apartment

Market Position

Priced Within Local Sold Range

At €225,000, this home is priced within the typical range of 22 recent closed sales nearby. There's room to negotiate — seller leverage is 2.9/10. If bidding heats up, you'll need a clear ceiling to avoid overpaying.

4d Cherrydale Court, Dublin Rd, Limerick, Limerick
1a Cherrydale Court, Dublin Rd, Limerick, Limerick

22 closed sales nearby · 12mo recency · High confidence · Property Price Register

Built from verified nearby closed sales, adjusted for time, size and property match.
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 €225,000, 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 €11,250 before interest.

Analysing 625,000+ Property Price Register transactions since 2010.

What your report includes

Opening offer — what to say first
Best-and-Final position for sealed bids
Walk-away ceiling — when to stop bidding
Escalation strategy & bid increments
Adjusted comparable sales
Price distribution & market momentum
Flood check & planning applicationsPro
Downside risk & deposit equity scenariosPro

Before You Bid

Before you bid €225,000, see this.

Here is what the data says about this property.

Will This Go Over Asking?

High Likelihood
66%probability of going
above asking

Am I Overpaying?

In-Band
52thpercentile of
local sales
Around average for the area

Negotiation Leverage Score

Buyer Has Leverage
50/100

These signals interact — full analysis in report.

€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

Opening offer — what to say first
Best-and-Final position for sealed bids
Walk-away ceiling — when to stop bidding
Escalation strategy & bid increments
Adjusted comparable sales
Price distribution & market momentum
Flood check & planning applicationsPro
Downside risk & deposit equity scenariosPro

Based on 22 verified local sales · High confidence

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Price Distribution Analysis

22 verified closed sales within 1.5km · 18 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%).

Ask
€118k€264k
Asking €225,000Size-adjusted median Size-adj. Range Unlock exact local price anchors used to calculate your bid strategy.

Asking price sits marginally above the median of comparable sales. 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

Local Market Momentum

-3.7%year-on-year

Unlock to adjust radius, timespan, and comparison window.

Radius: 1.5kmTime: 18m12m vs 12m

Median transaction price per m² has decreased 3.7% year-on-year, based on the trailing 18-month transaction window.

Indicates softening pricing conditions. Buyers may hold stronger negotiation position.

Recent closed sales are time-adjusted to current market conditions before calculating transaction bands.

Statistical Confidence · High

22

Transactions Analysed

Within 1.5km

12 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 · 22 Transactions

Size and time adjustments applied before percentile computation.

AddressSoldDateSize
4d Cherrydale Court, Dublin Rd, Limerick, Limerick2025-03-2066m²
1a Cherrydale Court, Dublin Rd, Limerick, Limerick2025-12-1955.8m²
20 more transactions in full report

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

Full methodology →

Local Market Notes

Property Quality

Energy Cost Savings: With an excellent B3 BER rating, this property offers significant annual energy savings, with typical annual costs estimated at €800-€1,200, a saving of €1,000-€1,400 compared to D-rated properties of similar size which cost €1,800-€2,200 annually.

Efficient Apartment Layout: This 77m² apartment offers an efficient 2-bedroom, 1-bathroom layout, providing ample living space for its type while being easier to maintain than the larger 3-bed, 2-bath median properties in the 5km radius.

Optimal Market Niche: While the median property in the 5km radius is a larger 3-bed, 2-bath unit, this 2-bedroom apartment is well-positioned to meet strong demand for compact, energy-efficient homes in the area, offering a competitive entry point.

Hypothesis: The property's B3 BER, a desirable rating in the current energy-conscious market, not only reduces running costs but also positions it for higher capital appreciation compared to lower-rated properties, as buyers increasingly prioritize sustainability and long-term value.

Amenities

Well-Connected Transport: The property benefits from proximity to key transport routes, with several Bus Éireann routes (e.g., 301, 302, 303) accessible from nearby main roads and Limerick Colbert Train Station approximately 3km away, offering excellent connectivity across the city and beyond.

Comprehensive Local Facilities: Residents have convenient access to essential services including the Parkway Shopping Centre and Childers Road Retail Park (approx. 2-3km), University Hospital Limerick (approx. 7km), and educational institutions like University of Limerick and Technological University of the Shannon (TUS) within a 5-7km radius.

Accessible Lifestyle Options: The area provides good pedestrian access to local convenience shops and services, with pleasant walking routes along the nearby River Shannon corridor, enhancing daily convenience and quality of life.

Hypothesis: The consistent development of Limerick's eastern suburbs, including enhanced public transport infrastructure and new retail/residential projects, will further bolster Rhebogue's appeal, potentially leading to increased demand and property value appreciation for well-located units like this apartment.

Derived from nearby closed-sale patterns.

Built on verified Irish public data

Property Price Register

Property Price Register

625,000+ verified closed sales

SEAI

SEAI

Building energy ratings & floor area

Office of Public Works

Office of Public Works

Flood zones, events & study areas

MyPlan.ie

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.