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Oak Ridge, Rakeeragh, Monaghan, H18 E092

1 homes sold nearby. See what they went for — and what to bid on this one.

€410,000 · 4 Bed · 2 Bath · House

Some listing details are missing · add them to improve the analysis

Market Position

Limited Transaction Data

At €410,000, we cannot reliably position this property — only 1 comparable closed sale was found within 3.0km. More local transactions are needed before the data can support a market position estimate.

Built from verified nearby closed sales, adjusted for time, size and property match.
Sources: PPR, SEAI, OPW, planning records.

Bid Model Unavailable

Not enough closed transaction data for this property.

We found 1 comparable transaction within 3.0km 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.

Financial Exposure · 105% 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

€410,000

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

1

Transactions Analysed

Within 3.0km

5 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 · 1 Transactions

Size and time adjustments applied before percentile computation.

AddressSoldDateSize
Santa Maria, Mall Rd, Monaghan, Monaghan2025-11-21

Transactions within a 3.0km 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

Full methodology →

Local Market Notes

Property Quality

Moderate Energy Efficiency: With a C1 BER rating, this property's annual energy costs are likely to be moderate; upgrading to a B2 rating could cost approximately €8,000-€12,000 and potentially increase property value by €15,000-€20,000.

Generous Space: At 120.0m² with 4 bedrooms and 2 bathrooms, this property offers ample living space, which is typically well-received in most market segments.

Value Optimization Potential: While the BER is C1, focusing on energy efficiency upgrades could yield a return on investment by aligning with market preferences for lower running costs and potentially increasing saleability.

Hypothesis: Given the C1 BER rating and a lack of specific data on nearby BER ratings of sold properties, it's hypothesized that properties with BER ratings of B or higher within a 3km radius would command a premium of at least €10-€15 per square meter, representing an opportunity for value enhancement through energy upgrades.

Amenities

Limited Public Transport: As the property is located outside Dublin, specific bus route numbers, train stations, Luas stops, or DART stations serving this immediate rural area are not provided in the raw data, indicating potentially limited public transport connectivity.

Unspecified Local Services: The provided data does not contain specific names of schools, colleges, universities, hospitals, clinics, pharmacies, shops, supermarkets, shopping centres, restaurants, cafes, parks, gyms, or childcare facilities in the vicinity of Oak Ridge, Rakeeragh, Monaghan.

Low Property Density: With only 3 properties counted within a 1km radius, this suggests a low-density residential area with potentially fewer immediate local services and amenities readily accessible on foot.

Hypothesis: The absence of specific transport routes and named amenities in the provided data, coupled with a low density of nearby properties (3 within 1km), suggests that this property's appeal will be highly dependent on car ownership and the willingness of buyers to travel further for comprehensive services, potentially impacting its long-term desirability and value appreciation compared to areas with strong local infrastructure.

Derived from nearby closed-sale patterns.

Built on verified Irish public data

Property Price Register

Property Price Register

625,000+ verified closed sales

SEAI

SEAI

Building energy ratings & floor area

Office of Public Works

Office of Public Works

Flood zones, events & study areas

MyPlan.ie

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.