Bangor Erris, Ballina, Co. Mayo, F26 TF25
3 homes sold nearby. See what they went for — and what to bid on this one.
€350,000 · 5 Bed · 3 Bath · 2023m² · Detached
Market Position
Significantly Above Local Sales
At €350,000, this home is priced well above what similar properties sold for in this area. Overpayment risk is high. A structured bid strategy is critical. Percentile unavailable (insufficient asking-price comps) — using median positioning only.
3 closed sales nearby · 17mo 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 3 comparable transactions within 3.0km over the past 24 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
3 verified closed sales within 3.0km · 24 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 · 169% 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
€350,000
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
3
Transactions Analysed
Within 3.0km
17 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 · 3 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| Bangor Erris, Ballina, Co Mayo, Mayo | 2025-03-10 | — | |
| 3 Barrack Road, Bangor Erris, Co Mayo, Mayo | 2025-11-21 | 241m² |
Transactions within a 3.0km radius and 24-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 Rating Concerns: A SI_666 BER rating is extremely poor, indicating significant potential for high energy costs and requiring substantial investment for improvements.
Upgrade Potential: Upgrading from a SI_666 BER rating to a C3 would likely cost upwards of €20,000-€30,000 but could increase the property's value by €25,000-€35,000, representing a sound investment opportunity for future owners.
Size Efficiency: With 5 bedrooms and 3 bathrooms within a 2023.0m² footprint, the property offers a generous living space, but the high asking price relative to local sales suggests that size alone may not be the primary value driver in this market.
Hypothesis: The extremely low BER rating (SI_666) presents a critical bottleneck for value appreciation; buyers will likely factor in significant retrofitting costs, potentially capping the achievable sale price unless extensive, modern upgrades are implemented to align with current energy standards.
Amenities
Limited Transport Connectivity: Bangor Erris, being outside Dublin, likely lacks direct access to Dublin Bus routes, Luas, or DART services, requiring significant travel to major transport hubs.
Rural Amenities: Access to specific amenities such as Ballina town (approximately 20km away) provides essential shopping and healthcare, with Mayo University Hospital being the closest major hospital, but these are not within immediate walking distance.
Family Services Gap: Detailed information on local childcare facilities or family services within Bangor Erris is scarce, suggesting potential limitations for families with young children seeking immediate local support.
Hypothesis: The primary draw for this property will likely be its rural setting and land, rather than its proximity to urban amenities; its value proposition hinges on appealing to buyers seeking space and seclusion, rather than convenience and connectivity, thus limiting its broad market appeal.
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.