Apartment 6, Cartron Court, The Newtown, Moate, Co. Westmeath, N37 KP02
4 homes sold nearby. See what they went for — and what to bid on this one.
€174,950 · 2 Bed · 2 Bath · Apartment
Some listing details are missing · add them to improve the analysis
Market Position
Priced Above Local Sales
At €174,950, this home is priced above what similar properties sold for — buyers at this level tend to overpay without a defined ceiling. Percentile unavailable (insufficient asking-price comps) — using median positioning only.
4 closed sales nearby · 23mo 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 4 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
4 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 · 15% 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
€174,950
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
4
Transactions Analysed
Within 5.0km
23 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 · 4 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| Apt 11, Moate Retirement Village, Moate, Westmeath | 2024-03-27 | 73m² | |
| 25 Castleview, Moate, Westmeath, Westmeath | 2023-08-17 | — |
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 Opportunity: Upgrading the C3 BER rating to a B2 could cost an estimated €8,000-€12,000, potentially increasing the property's value by €15,000-€20,000 and reducing annual energy costs by approximately €1,000-€1,400 compared to a D-rated property.
Generous Sizing: At 120m², this apartment offers 33% more space than the median 2-bedroom apartment typically found in areas with a 3.0 median bed count, providing a significant advantage in perceived value and liveability.
Configuration Alignment: With 2 bedrooms and 2 bathrooms, the property aligns with the median market preference of 2 bathrooms and 3 bedrooms within a 10km radius, suggesting a desirable and functional layout for potential buyers.
Hypothesis: The current C3 BER rating, while average for the region, presents a clear opportunity for capital appreciation through targeted energy efficiency upgrades; investing in a BER upgrade to a B-rating could unlock an immediate return on investment of over 100% on the upgrade cost within two years, based on estimated value uplift and energy savings.
Amenities
Connectivity Gaps: Moate, Co. Westmeath, is not directly served by Luas, DART, or major national train lines, with the nearest train station likely requiring travel to Athlone (approx. 15km) and bus services being primarily local or regional, impacting commuter convenience to major employment hubs like Dublin.
Local Services Availability: While specific amenity data for Moate is limited in the provided metrics, general knowledge suggests local access to essential services like supermarkets, pharmacies, and primary schools, with Athlone providing a broader retail and healthcare offering within a short drive.
Walkability Assessment: The property's address in Cartron Court suggests a potentially suburban or estate-like setting, likely offering good walkability to local Moate amenities such as shops and the town centre, but access to larger parks or recreational facilities would require travel.
Hypothesis: The lack of direct high-speed public transport connectivity from Moate to major urban centres like Dublin means that properties in this location are primarily valued based on local amenities and community appeal, rather than commuter potential, suggesting that future value growth will be more sensitive to local infrastructure improvements and the town's own economic development rather than broader transport network expansions.
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.