Fortagustus , Castlerea, Co. Roscommon
0 homes sold nearby. See what they went for — and what to bid on this one.
€50,000 · 1m² · Site
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Market Position
Limited Transaction Data
At €50,000, 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.
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
Local Market Notes
Property Quality
Potential for Upgrade: The BER rating of B suggests good energy efficiency, but a further upgrade to an A rating could potentially reduce annual energy costs by €300-€600 compared to a C-rated property of similar size.
Substantial Site Value: The property is listed as 1.0m² with 2 bedrooms and 2 bathrooms, which is highly unusual for a site and suggests the listed size is likely a data entry error or refers to the footprint of an existing dwelling.
BER Value Proposition: A BER B rating provides a good baseline, but a further investment of €8,000-€12,000 to achieve an A rating could yield a value increase of €15,000-€20,000 in certain market segments.
Hypothesis: The conflicting data regarding property size (1.0m² vs. 2 beds/2 baths) indicates that the true value lies in the land's development potential, not the existing structure, and any valuation must consider planning permissions and zoning for new builds.
Amenities
Limited Direct Connectivity: Castlerea, Co. Roscommon, is not served by Luas, DART, or national train stations; its primary public transport is limited to local bus services.
Essential Local Services: The area is likely served by local primary and secondary schools, pharmacies, and essential retail outlets within a reasonable distance, typical for a rural town.
Rural Lifestyle Focus: Expect a focus on community amenities such as local parks, community centres, and sports facilities rather than large shopping centres or extensive public transport networks.
Hypothesis: The lack of direct public transport links from Castlerea to major urban centres means that property value appreciation will be heavily influenced by local infrastructure improvements and the growth of regional employment hubs, rather than commuter trends.
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.