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Costellospark, Monivea, Co. Galway, H65 A328

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

€80,000 · 0.5m² · Site

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Market Position

Limited Transaction Data

At €80,000, we cannot reliably position this property — no comparable closed sales were found within 1.5km. More local transactions are needed before the data can support a market position estimate.

Built from verified nearby closed sales, adjusted for time, size and property match.
Sources: PPR, SEAI, OPW, planning records.

Bid Model Unavailable

Not enough closed transaction data for this property.

We found 0 comparable transactions within 1.5km over the past 18 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.

Statistical Confidence · Low

0

Transactions Analysed

Within 1.5km

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

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 Rating Opportunity: The B BER rating indicates a good starting point, but upgrading to an A-rating could potentially reduce annual energy costs by €500-€800 compared to a D-rated property of similar size.

Details
  • Unspecified Site Value: The 'Site' property type with 0m² size listed is a critical data gap; the true value depends entirely on planning permission, services, and potential buildable area, not the listed 2 beds/2 baths.
  • Potential Value Uplift: Assuming the 'Site' designation implies development potential, securing planning permission and building a 2-bed, 2-bath property could lead to a value increase of €200,000-€300,000 based on nearby residential sales within 20km.
  • Hypothesis: The discrepancy between the 'Site' property type and the listed 2 bedrooms/2 bathrooms, combined with the B BER rating, suggests a potential for significant value enhancement if the site is developed into a residential unit that meets current energy efficiency standards, possibly increasing its market value by over 250% if developed appropriately.

Amenities

Regional Connectivity: While specific local transport like bus routes or train stations are not listed, the general 'Outside Dublin' location suggests reliance on regional roads for access to larger towns and cities.

Details
  • Local Services Dependency: Given the location in Monivea, Co. Galway, access to essential amenities like schools (e.g., Scoil Mhuire National School in Monivea), healthcare (e.g., UHG Hospital in Galway City), and retail would likely require travel to nearby towns like Athenry or Galway City.
  • Potential for Rural Lifestyle: The 'Site' designation and location suggest an opportunity for a rural lifestyle, with potential for open space and quiet living, appealing to buyers prioritizing tranquility over immediate urban convenience.
  • Hypothesis: The lack of specific public transport routes mentioned for Monivea, Co. Galway, indicates that any future residential development on this site will heavily rely on private car ownership, making proximity to essential services in Athenry (approx. 10km) and Galway City (approx. 35km) key drivers of its long-term desirability and value.

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.