Grangerath, Drogheda, Co. Meath
17 homes sold nearby. See what they went for — and what to bid on this one.
€250,000 · 2 Bed · 2 Bath · Apartment
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Market Position
Priced Within Local Sold Range
At €250,000, this home is priced within the typical range of 17 recent closed sales nearby. There's room to negotiate — seller leverage is 3.7/10. If bidding heats up, you'll need a clear ceiling to avoid overpaying.
17 closed sales nearby · 9mo recency · High confidence · Property Price Register
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
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Best & Final
If multiple offers
Ceiling
Do not exceed
Before you bid €250,000, get your opening offer, best-and-final range, and walk-away ceiling.
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Overbidding by 5% could cost €12,500 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €250,000, see this.
Here is what the data says about this property.
Will This Go Over Asking?
above asking
Probability of a sale above asking based on local bidding patterns.
Am I Overpaying?
local sales
Where the asking price sits in the verified local transaction distribution.
Negotiation Leverage Score
How much negotiation leverage you have based on market conditions.
These signals interact — full analysis in report.
€12,500
That's what overbidding by just 5% on a €250,000 home costs you — before interest.
A €19 check before a €250,000 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
Based on 17 verified local sales · High confidence
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Price Distribution Analysis
17 verified closed sales within 1.5km · 18 months.
Asking price sits marginally below the median of comparable sales.
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.
The chart shows the market. Your report gives the number not to exceed.
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Local Market Momentum
Unlock to adjust radius, timespan, and comparison window.
Radius: 1.5kmTime: 18m12m vs 12mMedian transaction price per m² has increased 1.2% year-on-year, based on the trailing 18-month transaction window.
Local pricing conditions remain stable. No significant directional pressure.
Recent closed sales are time-adjusted to current market conditions before calculating transaction bands.
Statistical Confidence · High
17
Transactions Analysed
Within 1.5km
9 months
Data Freshness
Most recent sale age
±7%
Price Spread
How much prices vary
High
Confidence Level
Recent sale prices in this area are closely clustered, which means the data is reliable and the bid strategy is well-supported.
High data density supports precise entry positioning.
PPR closed sales · size & time adjusted · no asking prices used
Supporting Evidence · 17 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 9 Park Grange, Grange Rath, Drogheda, Meath | 2025-02-07 | 70m² | |
| 51 Park Grange, Grange Rath, Drogheda, Meath | 2025-10-24 | 73m² |
Transactions within a 1.5km radius and 18-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 Energy Efficiency: With a B3 BER rating, this apartment will incur annual energy costs likely in the range of €1,400-€1,800, offering savings of approximately €600-€1,000 annually compared to a typical D-rated property of this size.
Space Efficiency: At 120m² with 2 bedrooms and 2 bathrooms, the property offers a generous 60m² per bedroom, indicating good space allocation and potential for comfortable living.
Value Optimization Potential: While the B3 BER is good, upgrading to a B2 rating could potentially cost €3,000-€5,000 and might increase the property's value by €5,000-€8,000, representing a tangible return on investment.
Hypothesis: The current B3 BER, while respectable, presents an opportunity for value enhancement; targeted improvements, such as enhancing insulation or window efficiency, could not only reduce annual running costs further but also contribute to a faster sale and potentially command a higher sale price in a future market.
Amenities
Transport Connectivity: While specific route numbers are not provided in the data, Grangerath's location outside Dublin typically implies reliance on Bus Éireann or local bus services; proximity to Drogheda town centre suggests access to regional routes connecting to Dublin.
Local Services Access: The area is likely served by Drogheda town's amenities, which include St. Mary's Hospital, multiple primary and secondary schools like St. Mary's National School and St. Oliver's Community College, and retail options such as Scotch Hall Shopping Centre.
Walkability and Pedestrian Access: Being located in Grangerath, Drogheda, the property is likely situated in a developing area with planned pedestrian infrastructure connecting to local services, though specific walking routes and detailed pedestrian accessibility are not detailed in the provided data.
Hypothesis: Given Drogheda's ongoing development and its position as a regional hub, the future value of properties in areas like Grangerath will be significantly influenced by planned public transport infrastructure upgrades and the creation of dedicated green spaces and cycle paths connecting residential areas to essential services and the town centre.
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.