Srah Lower, Carracastle, Ballaghaderreen, Co Mayo, Carracastle, Co. Mayo
5 homes sold nearby. See what they went for — and what to bid on this one.
€50,000 · 2 Bed · 1 Bath · Detached
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Market Position
Below Typical Sale Prices
At €50,000, 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.
5 closed sales nearby · 16mo recency · Low 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 €50,000, get your opening offer, best-and-final range, and walk-away ceiling.
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Overbidding by 5% could cost €2,500 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
€2,500
That's what overbidding by just 5% on a €50,000 home costs you — before interest.
A €19 check before a €50,000 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 5 verified local sales · Low confidence
Instant access · No subscription · Refund if not useful
From €19 for your strategy on a €50,000 home. Independent valuations start at €150 — same data source, fraction of the cost.
Price Distribution Analysis
5 verified closed sales within 5.0km · 36 months. Filters broadened to increase sample size.
Asking price is positioned below the median transaction level, suggesting favourable entry conditions.
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.
The chart shows the market. Your report gives the number not to exceed.
Instant access · No subscription · Refund if not useful
Statistical Confidence · Low
5
Transactions Analysed
Within 5.0km
16 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 · 5 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| Barrow, Carracastle, County Mayo, Mayo | 2024-11-26 | 115m² | |
| Ballincurry, Curry, Co Sligo, Sligo | 2024-08-21 | 79m² |
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
Energy Rating Deficit: With a G BER rating, upgrading to a B2 standard could cost an estimated €12,000-€18,000 but is likely to increase the property's value by €18,000-€25,000, significantly improving its marketability.
Details
- Size Efficiency: The property offers a generous 120m² size for a 2-bedroom home, which is larger than the median of 3 bedrooms within a 100km radius, suggesting good potential for layout optimization and value enhancement.
- Costly Upgrades Needed: Given the G BER rating, immediate investment in insulation and heating systems is crucial, estimated at €12,000-€18,000, to align with the typical C/D rated properties seen within a 50km radius.
- Hypothesis: The G BER rating necessitates substantial investment, but a strategic upgrade to a C rating could cost €8,000-€12,000 and potentially bridge the value gap to the median sale price of €251,000 seen within 100km, making it a viable renovation project.
Amenities
Limited Transport Connectivity: There are no direct bus routes, Luas, or DART stations serving Carracastle, Ballaghaderreen, necessitating reliance on private transport for most amenities.
Details
- Remote Amenities Access: Key services such as Ballaghaderreen Medical Centre are located 8km away, and the nearest supermarket is likely a significant drive, impacting daily convenience for residents.
- Rural Isolation: The property's location in Srah Lower, Carracastle, offers a very low walkability score, with no specified local shops, parks, or schools within a convenient walking distance.
- Hypothesis: The lack of public transport and limited local amenities suggest that the property's value is heavily tied to its intrinsic appeal as a rural retreat rather than its connectivity to services, meaning future price growth will likely depend on broader regional infrastructure development rather than hyperlocal improvements.
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.