Apartment 111, Block F, Br Na Sionna, Shannon Town Centre, Shannon, Co. Clare, V14f673
Expected Sale Price
Factors driving valuation
Location Premium
- •The property appears to be priced approximately 46% above the recent sale price of a similar 2-bedroom, 71.7 sqm apartment located 1.13km away, which sold for €185,000. This comparison suggests the property may be overpriced given the limited local sales data.
- •The local market in Shannon shows strong demand with a high percentage of properties selling above the asking price (70-85% in the last 30-90 days across 5-10km range), but the limited sales volume in the immediate area makes a precise evaluation difficult. Property prices within 5km are growing, with a 9.68% growth rate in the last 30 days and a substantial 11.17% price change.
- •Hypothesis: The value of the property may decline if the current asking price does not align with recent and comparable sales and the relatively low number of sales in the immediate area make it more prone to market corrections. If there is no significant improvements or upgrades, the value will remain stable.
Market Conditions
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Area Market Trends
Avg. Asking Price
€450K
+5.2% (12 mo)
Active Listings
43
12 new (90 days)
Popular Property
Semi-detached
Avg. 3.2 beds
Avg. Sale Price
€421K
24 recent sales
Ask vs. Sale Gap
-2.5%
Selling below asking
Time on Market
28 days
Fast-moving market
Common BER Rating
C1
Typical energy performance
Price per m²
€3,790
Based on recent transactions
Nearby Amenities
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Similar Properties Sold
Found 1 similar properties within 5km in the last 180 days
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Nearby Properties
1 Ballycasey Court Mews Ballycasey Court Shannon Co. Clare V14wt78
€185K
1.1 km
Oct 2024
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