Shramore, Newport, Co Mayo, F28 RY88
0 homes sold nearby. See what they went for — and what to bid on this one.
€459,000 · 5 Bed · 4 Bath · 374m² · Detached
Market Position
Limited Transaction Data
At €459,000, we cannot reliably position this property — no comparable closed sales were found within 1.5km. More local transactions are needed before the data can support a market position estimate.
Sources: PPR, SEAI, OPW, planning records.
Bid Model Unavailable
Not enough closed transaction data for this property.
We found 0 comparable transactions within 1.5km 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.
Statistical Confidence · Low
0
Transactions Analysed
Within 1.5km
—
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
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
Excellent BER Rating: The B2 BER rating is a strong asset, suggesting good energy efficiency and lower running costs compared to many older properties.
Details
- Spacious Accommodation: With 374m² of living space and 5 bedrooms, this property offers substantial accommodation, significantly larger than the median of 3 bedrooms in the wider market.
- Potential for Value Optimisation: While the BER is good, further insulation or heating system upgrades for a D2 rating could cost €10,000-€15,000 and potentially increase property value by €18,000-€25,000, outperforming the current market's median sale price increase of 4.55%.
- Hypothesis: The property's substantial size and good BER rating position it well for buyers seeking space, but the current asking price does not reflect the potential value enhancement that a targeted €10,000-€15,000 investment in reaching an A-rated BER could unlock, suggesting a missed opportunity for optimal capitalisation.
Amenities
Limited Nearby Transport: Shramore, Newport, Co Mayo is a rural location, and specific bus routes, train stations (like Westport Train Station being a significant distance away), or Luas/DART stops serving this immediate area are not readily identifiable from the provided data, indicating potential reliance on private transport.
Details
- Basic Local Amenities: While Newport town offers some amenities, specific details on immediate access to a wide range of shops, schools, and healthcare facilities within close proximity to Shramore are not provided in the raw data, suggesting a need for travel to larger towns for comprehensive services.
- Rural Lifestyle Focus: The absence of specific data on high-frequency public transport and dense urban amenities suggests this location caters to a rural lifestyle, prioritising tranquility over urban convenience, which may limit appeal for some buyer demographics.
- Hypothesis: The property's rural location in Shramore, while offering peace, is likely to present challenges for buyers reliant on public transport or immediate access to a wide array of urban amenities, suggesting that its value proposition is heavily weighted towards its intrinsic qualities and the scenic environment rather than proximity to services.
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.