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Carricknacroghery, Dromahair, Dromahair, Co. Leitrim, F91 VK73

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

€395,000 · 2 Bed · 1 Bath · 118m² · Detached

Market Position

At the Upper End of Local Sales

At €395,000, this home is priced well above what similar properties sold for in this area. Overpayment risk is high at this level. A structured bid strategy is critical.

2 Drumlease Road, Dromahair, Co. Leitrim, Leitrim
Sliganagh, Dromahair, Leitrim, Leitrim

7 closed sales nearby · 23mo recency · Moderate 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 €395,000, 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 €19,750 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 €395,000, see this.

Here is what the data says about this property.

Will This Go Over Asking?

Very Low Likelihood
5%probability of going
above asking

Am I Overpaying?

High Risk
98thpercentile of
local sales
Well above average for the area

Negotiation Leverage Score

Seller Advantage
27/100

These signals interact — full analysis in report.

€19,750

That's what overbidding by just 5% on a €395,000 home costs you — before interest.

A €19 check before a €395,000 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 7 verified local sales · Moderate confidence

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Price Distribution Analysis

7 verified closed sales within 5.0km · 36 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%). Filters broadened to increase sample size.

Ask
€32k€418k
Asking €395,000Size-adjusted median Size-adj. Range Unlock exact local price anchors used to calculate your bid strategy.

Asking price is positioned above the median of comparable sales. 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

Financial Exposure · 42% 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

€395,000

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 · Moderate

7

Transactions Analysed

Within 5.0km

23 months

Data Freshness

Most recent sale age

±20%

Price Spread

How much prices vary

Moderate

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 · 7 Transactions

Size and time adjustments applied before percentile computation.

AddressSoldDateSize
2 Drumlease Road, Dromahair, Co. Leitrim, Leitrim2025-05-13119.4m²
Sliganagh, Dromahair, Leitrim, Leitrim2024-08-15109m²
5 more transactions in full report

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

Full methodology →

Local Market Notes

Property Quality

BER Upgrade Investment: Improving the E BER rating to a C or B would likely cost between €10,000 and €18,000, but could increase the property's value by €18,000 to €25,000, offering a potential return on investment.

Energy Cost Comparison: With an E BER rating, annual energy costs for this 118m² property are estimated to be €2,000-€2,600, significantly higher than the €900-€1,400 for comparable C-rated homes in the area.

Space Efficiency: While the property offers 118m² with 2 bedrooms, the E BER rating suggests potential for outdated insulation and heating systems, which may impact overall living comfort and utility costs.

Hypothesis: The E BER rating, combined with the asking price significantly above comparable sales, implies that the market in this specific locale is currently undervaluing the capital expenditure required for essential energy efficiency upgrades, creating an opportunity for savvy buyers to negotiate further based on these necessary improvements.

Amenities

Transport Connectivity: This property is located in Dromahair, Co. Leitrim, a rural area with limited public transport; it is not directly served by specific Dublin Bus routes, train stations, Luas, or DART lines as these are typically Dublin-centric.

Local Services: Dromahair offers basic amenities such as local shops and cafes; for broader retail, healthcare, and educational facilities, residents typically rely on nearby larger towns like Manorhamilton or Sligo.

Walkability and Access: The immediate area around Carricknacroghery is likely to be rural, offering walking routes along local roads and potentially scenic paths, but lacking structured pedestrian infrastructure or immediate access to parks or dedicated recreational facilities.

Hypothesis: The strong emphasis on property value in surrounding areas seems to be driven by proximity to specific transport hubs like train stations or major bus corridors; in a location like Dromahair, the lack of such connectivity will continue to suppress property values relative to urban or suburban areas, requiring a significant price adjustment to attract buyers prioritizing convenience over rural living.

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.