Muingelly, Ballycastle, Co. Mayo, F26 H228
3 homes sold nearby. See what they went for — and what to bid on this one.
€325,000 · 2 Bed · 1 Bath · 74m² · Bungalow
Market Position
Priced Above Local Sales
At €325,000, this home is priced above what similar properties sold for — buyers at this level tend to overpay without a defined ceiling. Percentile unavailable (insufficient asking-price comps) — using median positioning only.
3 closed sales nearby · 9mo 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 3 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
3 verified closed sales within 5.0km · 36 months. Filters broadened to increase sample size.
Asking price is positioned above the median transaction level. 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 · 22% 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
€325,000
Above transaction median
Buying at asking would put you well above what similar homes sold for — that's elevated overpayment risk.
Statistical Confidence · Low
3
Transactions Analysed
Within 5.0km
9 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 · 3 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| Muingelly, Ballycastle, Mayo, Mayo | 2026-01-27 | 67.9m² | |
| Carrowniskey, Ballycastle, Co Mayo, Mayo | 2023-08-30 | 185m² |
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 Improvement Opportunity: Upgrading this D1 BER rated bungalow to a B2 could cost approximately €8,000-€12,000 but is estimated to increase property value by €15,000-€20,000.
Energy Cost Discrepancy: With a D1 BER, annual energy costs are estimated to be €1,800-€2,200, which is significantly higher than the €800-€1,200 for properties with B-rated BERs of similar size.
Size Efficiency: At 74m², this 2-bedroom bungalow offers a size that is 48.6% smaller than the median sale price per sqm (€3,932) within 1km suggests for a more substantial property if considering value per square meter.
Hypothesis: The D1 BER rating combined with the relatively small size may indicate that the property is priced based on land value or location rather than its current habitable condition, presenting an opportunity for a buyer willing to invest in upgrades to significantly enhance its future marketability and value.
Amenities
Transport Connectivity: The nearest public transport is likely to be limited, with no specific bus routes, train stations, or Luas stops mentioned as serving Muingelly, Ballycastle directly.
Local Amenities Assessment: Specific details on schools such as Coláiste Pobal Chláir, pharmacies like Easons Pharmacy Ballina, or retail outlets like Lidl Ballina would require travel, impacting daily convenience.
Lifestyle and Recreation: Access to lifestyle amenities such as restaurants like Belleek Castle Restaurant or parks like Belleek Forest Park would necessitate travel outside of the immediate vicinity of Muingelly.
Hypothesis: The lack of readily available specific transport links and named local amenities suggests that properties in Muingelly are likely valued for their rural setting and potential for quiet living, rather than for their proximity to urban conveniences or robust public transport networks, impacting commuter appeal.
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 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.