The Bungalow, Lower Caherina, Tralee, Co. Kerry, V92 V4FH
7 homes sold nearby. See what they went for — and what to bid on this one.
€290,000 · 2 Bed · 1 Bath · 74m² · Detached
Market Position
Priced Within Local Sold Range
At €290,000, this home is priced within the typical range of 7 recent closed sales nearby. There's room to negotiate — seller leverage is 2.9/10. If bidding heats up, you'll need a clear ceiling to avoid overpaying.
7 closed sales nearby · 14mo recency · Moderate 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 €290,000, 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 €14,500 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €290,000, see this.
Here is what the data says about this property.
Will This Go Over Asking?
above asking
Probability of a sale above asking based on local bidding patterns.
Am I Overpaying?
local sales
Where the asking price sits in the verified local transaction distribution.
Negotiation Leverage Score
How much negotiation leverage you have based on market conditions.
These signals interact — full analysis in report.
€14,500
That's what overbidding by just 5% on a €290,000 home costs you — before interest.
A €19 check before a €290,000 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 7 verified local sales · Moderate confidence
Instant access · No subscription · Refund if not useful
From €19 for your strategy on a €290,000 home. Independent valuations start at €150 — same data source, fraction of the cost.
Price Distribution Analysis
7 verified closed sales within 3.0km · 18 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 · Moderate
7
Transactions Analysed
Within 3.0km
14 months
Data Freshness
Most recent sale age
±20%
Price Spread
How much prices vary
Moderate
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 · 7 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 7 Cluain Ard, Ballyvelly, Tralee, Kerry | 2024-10-24 | — | |
| 17 Glenard, Hillview Drive, Caherslee, Kerry | 2025-12-09 | — |
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
Local Market Notes
Property Quality
BER Upgrade Potential: Improving the C3 BER rating to a B2 could cost an estimated €8,000-€12,000 but may increase the property's value by €15,000-€20,000, offering a significant return on investment.
Details
- Size Efficiency: At 74m², this 2-bedroom bungalow is of a medium size, fitting within the local market where the median number of bedrooms is 3, indicating it might be slightly undersized for growing families but suitable for couples or downsizers.
- Configuration Mismatch: With only 1 bathroom for 2 bedrooms, this configuration is below the median of 2 bathrooms found in properties within a 100km radius over the last 180 days, potentially limiting buyer appeal and future resale value.
- Hypothesis: The C3 BER rating, while not critically poor, represents a clear opportunity for value enhancement. Targeted energy efficiency upgrades could not only reduce ongoing running costs but also significantly boost marketability and achieve a higher sale price, especially given the relatively modest number of bathrooms which could be addressed through renovation.
Amenities
Limited Public Transport Access: Tralee town center is approximately 5km away, and specific local bus routes or train stations directly serving Lower Caherina are not detailed in the provided data, suggesting reliance on private transport for most amenities.
Details
- Local Retail & Services: While specific shops and supermarkets are not listed, Tralee town center, approximately 5km distant, would offer comprehensive retail options including Tesco, Dunnes Stores, and the Manor West Shopping Centre.
- Healthcare Proximity: Tralee is served by University Hospital Kerry, located approximately 5km from the property, ensuring essential healthcare access for residents.
- Hypothesis: The property's semi-rural location at Lower Caherina, Tralee, suggests a need for private transport to access key amenities such as schools (e.g., CBS Tralee, Mercy Mounthawk), public transport links like Tralee Train Station, and a wider range of retail and leisure facilities, which may appeal to buyers seeking a quieter lifestyle over immediate urban convenience.
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.