Derrywash, Castlebar, Co. Mayo, F23 VW62
2 homes sold nearby. See what they went for — and what to bid on this one.
€695,000 · 7 Bed · 4 Bath · 282m² · Detached
Market Position
Limited Transaction Data
At €695,000, we cannot reliably position this property — only 2 comparable closed sales were found within 5.0km. More local transactions are needed before the data can support a market position estimate.
2 closed sales nearby · 26mo 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 2 comparable transactions within 5.0km over the past 36 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
2 verified closed sales within 5.0km · 36 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 · 46% 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
€695,000
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
2
Transactions Analysed
Within 5.0km
26 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 · 2 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| Kinturk Upper, Ballyheane, Castlebar, Mayo | 2023-08-24 | — | |
| Westport Rd, Castlebar, Mayo, Mayo | 2024-04-25 | 221m² |
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
Local Market Notes
Property Quality
BER B Efficiency: With a B BER rating, this property likely offers moderate energy efficiency. Annual energy costs are estimated at €1,400-€1,800, compared to €2,000-€2,600 for a D-rated property of similar size, saving €600-€800 annually.
Generous Size: The 282.0m² size provides ample living space, which is a significant asset. This is considerably larger than the average property size likely found in many more densely populated areas, offering better value per square meter if the layout is functional.
Premium Configuration: A 7-bedroom, 4-bathroom configuration is ideal for large families or multi-generational living, a configuration that is less common and therefore more desirable in the market for larger rural properties.
Hypothesis: The B BER rating, while good, presents a clear opportunity for value enhancement. Investing €8,000-€12,000 to upgrade to an A-rated BER could not only yield annual energy savings of €600-€800 but also potentially increase the property's market value by €15,000-€20,000, making it more competitive.
Amenities
Limited Public Transport: There is no direct mention of specific bus routes, train stations, Luas, or DART stops serving Derrywash, Castlebar, F23VW62 in the provided data, indicating reliance on private transport.
Potential for Local Services: While not detailed, Castlebar town centre, typically serving the F23VW62 postcode, would likely offer essential amenities such as supermarkets (e.g., Tesco, Aldi), primary and secondary schools (e.g., St. Joseph's Primary, Castlebar College), and healthcare facilities (e.g., Mayo University Hospital, local pharmacies).
Rural Lifestyle: The 'Outside Dublin' classification suggests a rural setting, likely offering access to natural landscapes and potentially local pubs or cafes, but with fewer concentrated retail and entertainment options compared to urban areas.
Hypothesis: The lack of specified public transport connectivity suggests that property value in this location is primarily driven by its rural appeal and intrinsic property qualities rather than commuter convenience. Future infrastructure development, such as improved regional bus services connecting Castlebar to larger towns, could significantly enhance its appeal and value proposition.
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.