Upper Barrack Street, Belmullet, Belmullet, Co. Mayo, F26 WY84
8 homes sold nearby. See what they went for — and what to bid on this one.
€350,000 · 5 Bed · 2 Bath · Detached
Some listing details are missing · add them to improve the analysis
Market Position
At the Upper End of Local Sales
At €350,000, this home is priced well above what similar properties sold for in this area. Overpayment risk is high at this level. A structured bid strategy is critical.
8 closed sales nearby · 28mo 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 €350,000, 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 €17,500 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €350,000, 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.
€17,500
That's what overbidding by just 5% on a €350,000 home costs you — before interest.
A €19 check before a €350,000 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 8 verified local sales · Moderate confidence
Instant access · No subscription · Refund if not useful
Price Distribution Analysis
8 verified closed sales within 5.0km · 36 months. Filters broadened to increase sample size.
Asking price is positioned above the median of comparable sales. This places the property outside the core transaction band where most comparable homes closed.
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
Financial Exposure · 56% 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
€350,000
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 · Moderate
8
Transactions Analysed
Within 5.0km
28 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 · 8 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| Shore Rd, Belmullet, Mayo, Mayo | 2024-06-28 | 200m² | |
| 15 Cuan Oisri, Belmullet, Mayo, Mayo | 2024-11-25 | — |
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 Performance Rating: The property has a BER Rating of SI_666, which is below average and suggests potential for significant energy efficiency upgrades.
Potential Upgrade Value: Improving the BER rating from 'SI_666' to a 'B2' could involve costs of approximately €8,000-€12,000, but could potentially increase the property's market value by €15,000-€20,000 based on typical market premiums for energy-efficient homes.
Space and Configuration: With 120.0m² and 5 bedrooms, the property offers ample space for a family, fitting a common configuration for larger households, though its value is impacted by the lower BER rating.
Hypothesis: The 'SI_666' BER rating presents a significant opportunity for value enhancement through targeted energy upgrades; a buyer investing in insulation, heating systems, and window replacements could recoup their investment through increased resale value and lower running costs, particularly if similar properties in the area trend towards higher BER ratings.
Amenities
Transport Connectivity: Belmullet is served by Bus Éireann routes, notably routes like 452 which connects to larger transport hubs, but direct access to DART or Luas services is unavailable.
Local Services and Facilities: Belmullet offers essential amenities including Scoil Náisiúnta an Daingin (primary school), Belmullet District Hospital, and various local shops and pharmacies, catering to daily needs.
Lifestyle and Recreation: The town provides a coastal lifestyle with access to beaches, local restaurants like 'The Waterfront' and cafes, fostering a community-oriented living environment.
Hypothesis: While Belmullet offers a strong sense of local community and essential services, its geographic isolation and lack of direct access to major public transport networks like the DART or Luas may limit its appeal to commuters or those seeking extensive urban amenities, thus impacting long-term capital appreciation compared to better-connected regional towns.
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 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.