Monerea House, Monerea Terrace, Blackrock, Co. Cork, T12 VAP6
10 homes sold nearby. See what they went for — and what to bid on this one.
€100,000 · 3 Bed · 1 Bath · 120m² · Detached
Market Position
Below Typical Sale Prices
At €100,000, this home is priced below what similar properties sold for in the area. That's a favourable starting position — but consider a structural survey before committing.
10 closed sales nearby · 15mo 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
Start here
Best & Final
If multiple offers
Ceiling
Do not exceed
Before you bid €100,000, 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 €5,000 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €100,000, 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.
€5,000
That's what overbidding by just 5% on a €100,000 home costs you — before interest.
A €19 check before a €100,000 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 10 verified local sales · High confidence
Instant access · No subscription · Refund if not useful
Price Distribution Analysis
10 verified closed sales within 1.5km · 18 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%).
Asking price is positioned below the median of comparable sales, suggesting favourable entry conditions. 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
Statistical Confidence · High
10
Transactions Analysed
Within 1.5km
15 months
Data Freshness
Most recent sale age
±20%
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 · 10 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 19 Summerhill North, Cork, Cork, Cork | 2025-03-21 | 286m² | |
| Eagle Lodge, Summerhill North, Cork, Cork | 2025-09-01 | 223.4m² |
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
Significant BER Improvement Potential: Upgrading from the SI_666 BER rating (equivalent to F/G) to a B2 rating could cost approximately €10,000-€15,000 and potentially increase the property's value by €20,000-€25,000, representing a sound investment.
Energy Cost Disparity: With a SI_666 BER rating, annual energy costs are estimated to be €2,500-€3,000, compared to €1,000-€1,300 for properties with a B-rated BER in the same area, indicating a potential annual saving of €1,500-€1,700.
Space Efficiency: At 120m² with 3 bedrooms and 1 bathroom, the property's configuration is less common in areas where 2 bathrooms are standard for 3-bedroom homes, suggesting a potential need for a bathroom renovation to align with local preferences and enhance value.
Hypothesis: The significant undervaluation indicated by the asking price versus estimated value, coupled with a low BER rating, strongly suggests that the property is priced to reflect a substantial renovation requirement, likely involving not just energy upgrades but also potentially reconfiguring the layout to add a second bathroom, which, if executed effectively, could transform its market position from a bargain to a premium home in Blackrock.
Amenities
Excellent Transport Links: The property is well-served by Dublin Bus routes 216 and 226, providing direct access to Cork City Centre and surrounding areas, with the nearest stops approximately 400m away.
Local Educational Hub: In close proximity are several highly-regarded educational institutions, including Ashton School (under 1km) and Scoil Oilibhéir (under 1.5km), catering to various age groups.
Convenient Retail Access: Residents have easy access to a range of shopping facilities, including the retail units at Blackrock Village Centre (under 1km) and larger supermarkets within a 3km radius.
Hypothesis: While the immediate vicinity of Monerea Terrace offers good local amenities, the property's significant discount suggests that the perceived value is not solely dependent on these existing conveniences but rather on the potential for enhancement or redevelopment, possibly leveraging its location in a desirable suburb to justify a future higher valuation post-renovation, particularly if proximity to enhanced transport links or new commercial developments is considered.
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.