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Pearsonsbrook Cottage, Pearsonsbrook, Glasson, Ballykeeran, Co. Westmeath, N37 WD66

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

€175,000 · 2 Bed · 1 Bath · 5767m² · Detached

Market Position

Below Typical Sale Prices

At €175,000, 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.

Farnamoreen, Glasson, Athlone, Westmeath
Waterstown, Glasson, Athlone, Westmeath

15 closed sales nearby · 22mo recency · High confidence · Property Price Register

Built from verified nearby closed sales, adjusted for time, size and property match.
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 €175,000, 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 €8,750 before interest.

Analysing 625,000+ Property Price Register transactions since 2010.

What your report includes

Opening offer — what to say first
Best-and-Final position for sealed bids
Walk-away ceiling — when to stop bidding
Escalation strategy & bid increments
Adjusted comparable sales
Price distribution & market momentum
Flood check & planning applicationsPro
Downside risk & deposit equity scenariosPro

Before You Bid

Before you bid €175,000, see this.

Here is what the data says about this property.

Will This Go Over Asking?

Low Likelihood
25%probability of going
above asking

Am I Overpaying?

Low Risk
23thpercentile of
local sales
Well below average for the area

Negotiation Leverage Score

Buyer Has Leverage
53/100

These signals interact — full analysis in report.

€8,750

That's what overbidding by just 5% on a €175,000 home costs you — before interest.

A €19 check before a €175,000 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

Opening offer — what to say first
Best-and-Final position for sealed bids
Walk-away ceiling — when to stop bidding
Escalation strategy & bid increments
Adjusted comparable sales
Price distribution & market momentum
Flood check & planning applicationsPro
Downside risk & deposit equity scenariosPro

Based on 15 verified local sales · High confidence

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Price Distribution Analysis

15 verified closed sales within 5.0km · 36 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%). Filters broadened to increase sample size.

Ask
€100k€531k
Asking €175,000Size-adjusted median Size-adj. Range Unlock exact local price anchors used to calculate your bid strategy.

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

15

Transactions Analysed

Within 5.0km

22 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 · 15 Transactions

Size and time adjustments applied before percentile computation.

AddressSoldDateSize
Farnamoreen, Glasson, Athlone, Westmeath2025-09-05
Waterstown, Glasson, Athlone, Westmeath2025-05-2799m²
13 more transactions in full report

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

Full methodology →

Local Market Notes

Property Quality

Energy Efficiency Upgrade: Upgrading the property's G BER rating to a C1 rating could cost approximately €15,000-€20,000, with an estimated value increase of €25,000-€35,000 based on typical improvements for this rating.

Size vs. Local Standards: At 5767.0m² in land size, this property offers substantial grounds, though its 2-bedroom, 1-bathroom internal configuration may be considered small relative to the median sale price of €345,000 for similar broad types in a 3km radius.

Value Optimization Opportunity: Investing in energy efficiency upgrades (BER rating) and potentially modernizing the interior (1 bathroom) could unlock significant capital growth, as the current estimated value per square meter of the building is exceptionally low compared to local metrics.

Hypothesis: The large plot size combined with a low BER rating and basic internal configuration suggests this property is being valued more for its land potential than its current habitable state, with future value heavily dependent on a comprehensive renovation and potential expansion to match modern local housing standards.

Amenities

Transport Connectivity: This rural Westmeath location is not directly served by specific bus routes like Dublin Bus 25, 66, 67, nor is it close to Luas or DART stations, requiring reliance on private transport for most amenities.

Healthcare Access: While specific local hospitals or clinics are not detailed, access to general medical practitioners and pharmacies would typically be found in nearby towns such as Athlone, approximately a 15-20 minute drive away.

Shopping and Retail: Pearsonsbrook Cottage's location suggests a need to travel to larger nearby towns like Athlone (approx. 15-20 min drive) for supermarkets such as Dunnes Stores or Tesco, and for a wider range of retail options.

Hypothesis: The property's significant distance from urban centers and lack of direct public transport links means its appeal is likely limited to buyers prioritizing rural tranquility and large plots, and who are less reliant on immediate access to a wide array of public amenities.

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 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.