Apt 5 Cretzen House, 49 Merchants Quay, Waterford, X91 K598
50 homes sold nearby. See what they went for — and what to bid on this one.
€160,000 · 2 Bed · 1 Bath · 55m² · Apartment
Market Position
Priced Within Local Sold Range
At €160,000, this home is priced within the typical range of 50 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.
50 closed sales nearby · 10mo 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
Start here
Best & Final
If multiple offers
Ceiling
Do not exceed
Before you bid €160,000, 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 €8,000 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €160,000, 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.
€8,000
That's what overbidding by just 5% on a €160,000 home costs you — before interest.
A €19 check before a €160,000 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 50 verified local sales · High confidence
Instant access · No subscription · Refund if not useful
From €19 for your strategy on a €160,000 home. Independent valuations start at €150 — same data source, fraction of the cost.
Price Distribution Analysis
50 verified closed sales within 1.5km · 18 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%).
Asking price sits marginally above the size-adjusted median. 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
Unlock to adjust radius, timespan, and comparison window.
Radius: 1.5kmTime: 18m12m vs 12mMedian transaction price per m² has increased 6.2% year-on-year, based on the trailing 18-month transaction window.
Indicates sustained upward pricing pressure in the local market.
Recent closed sales are time-adjusted to current market conditions before calculating transaction bands.
Statistical Confidence · High
50
Transactions Analysed
Within 1.5km
10 months
Data Freshness
Most recent sale age
±18%
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 · 50 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 32 Patrick's Square, Wellington Road, Waterford, Waterford | 2025-05-22 | 60m² | |
| Apt 14, Patricks Sq, Wellington St, Waterford | 2025-09-05 | 44m² |
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
Unknown BER Impact: The BER rating is unknown (SI_666), which means potential buyers cannot assess energy efficiency and associated running costs, impacting its marketability.
Details
- Smaller Footprint: At 55.0m², this 2-bedroom apartment is smaller than the median size of 3-bedroom properties in the wider market, potentially limiting appeal for families.
- Costly Upgrades Needed: Upgrading from an unknown BER to a B2 rating could cost €8,000-€12,000 but would significantly increase property value and appeal, especially compared to the current market where 100% of BER ratings are unknown.
- Hypothesis: The consistent unknown BER ratings across the market (100% in all observed radii) suggest a systemic issue with BER disclosure in this region, which, if addressed by sellers, could offer a significant competitive advantage and value uplift for properties with transparent and favourable energy ratings.
Amenities
Limited Transport Access: With no specific bus routes, train stations, Luas, or DART stops mentioned, transport connectivity is unclear, which is a concern given the 'Outside Dublin' classification.
Details
- Undisclosed Local Services: Essential amenities like schools, healthcare facilities, shopping centers, restaurants, and parks are not specified, leaving potential buyers uninformed about the local lifestyle and convenience.
- Walkability Ambiguity: The walkability of the area and pedestrian access to local services are not detailed, making it difficult to assess the daily convenience for residents.
- Hypothesis: The absence of specific amenity data in the provided metrics for this 'Outside Dublin' location suggests a potential information gap for properties in regional Irish markets, where detailed local information is crucial for buyers to assess commute times and lifestyle factors, potentially impacting valuation if key services are not within reasonable proximity.
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 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.