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Apartment 7, The Harbour, Market Point, Patrick Street, Mullingar, Co. Westmeath, N91 YK44

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

€185,000 · 2 Bed · 2 Bath · 63m² · Apartment

Market Position

Priced Above Local Sales

At €185,000, this home is priced above what most similar properties sold for recently. Buyers at this level have historically paid a premium — a disciplined opening offer and a firm walk-away ceiling are essential.

2 The Harbour, Market Point, Mullingar, Westmeath
12 The Harbour, Market Point, Patrick St, Westmeath

24 closed sales nearby · 7mo 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 €185,000, 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 €9,250 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 €185,000, see this.

Here is what the data says about this property.

Will This Go Over Asking?

Very Low Likelihood
18%probability of going
above asking

Am I Overpaying?

Elevated Risk
70thpercentile of
local sales
Above average for the area

Negotiation Leverage Score

Balanced Market
34/100

€9,250

That's what overbidding by just 5% on a €185,000 home costs you — before interest.

A €19 check before a €185,000 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 24 verified local sales · High confidence

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Instant access · No subscription · Refund if not useful

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From €19 for your strategy on a €185,000 home. Independent valuations start at €150 — same data source, fraction of the cost.

Price Distribution Analysis

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

Ask
€86k€320k
Asking €185,000Size-adjusted median Size-adj. Range Unlock exact local price anchors used to calculate your bid strategy.

Asking price is positioned above the size-adjusted median. This places the property outside the core transaction band where most comparable homes closed. 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

-5.9%year-on-year

Unlock to adjust radius, timespan, and comparison window.

Radius: 1.5kmTime: 18m12m vs 12m

Median transaction price per m² has decreased 5.9% 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

24

Transactions Analysed

Within 1.5km

7 months

Data Freshness

Most recent sale age

±16%

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 · 24 Transactions

Size and time adjustments applied before percentile computation.

AddressSoldDateSize
2 The Harbour, Market Point, Mullingar, Westmeath2025-02-1765m²
12 The Harbour, Market Point, Patrick St, Westmeath2025-07-1182m²
22 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

BER Potential: Upgrading the C2 BER rating to a B2 could cost an estimated €8,000-€12,000 and potentially increase property value by €15,000-€20,000.

Details
  • Energy Savings Opportunity: A C2 BER rating suggests annual energy costs of €1,200-€1,600, compared to €800-€1,200 for a B-rated property, offering potential savings of €400-€800 annually.
  • Efficient Layout: The 63m² apartment with 2 bedrooms and 2 bathrooms offers good space utilization for its size, aligning with the median 2 bathrooms found in properties within a 100km radius over the last 180 days.
  • Hypothesis: While the C2 BER rating is a moderate starting point, focused energy efficiency upgrades would significantly enhance its market appeal and long-term value, especially as environmental factors become more prominent in buyer decisions, justifying the initial investment for a stronger return.

Amenities

Connectivity Hub: Mullingar is served by multiple Bus Éireann routes, including direct services to Dublin and other regional centres, with the town's train station providing regular rail links.

Details
  • Local Essentials: Residents have easy access to Mullingar Shopping Centre, featuring anchor tenants like Tesco and Dealz, and numerous local pharmacies such as Haven Pharmacy.
  • Green Spaces & Education: The property is a short walk from Mullingar Town Park, offering recreational space, and is located within proximity of St. Colmcille's Primary School and Coláiste Mhuire Secondary School.
  • Hypothesis: The ongoing infrastructure development and the town's strategic location as a hub for Westmeath are likely to increase its appeal for commuters and families, potentially driving further property value appreciation due to improved accessibility and enhanced local amenities.

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 CFRAM flood extent mapping and historical flood events. Planning activity is sourced from national planning application records via MyPlan.ie. No asking prices, no agent estimates, no automated valuations.