Valuing your property as at 1 November 2021

Other information sources for valuing your property

You can refer to one or more of these information sources to help you make your self-assessment of your property’s value for Local Property Tax (LPT). They are provided here to assist you but Revenue does not endorse or otherwise validate that these sources are valuations for LPT purposes. 

Residential property price register 

The Property Services Regulatory Authority (PSRA) publishes the Residential Property Price Register. This Register holds information on residential properties purchased in Ireland since January 2010. 

You can refer to the Register to check the price of properties that have been sold in your area in recent years. You should compare properties on the Register that are similar to your own property, for example, in type, approximate size and approximate age. You should not rely on one particular sale on the Register, for example, the most recent sale in your neighbourhood. You should consider a group of relevant sales over recent periods. 

If the property was a new property when it was purchased, the price shown on the Register is exclusive of Value-Added Tax (VAT). If you are referring to the prices of new properties in your area to determine the valuation band of your own property, you should add VAT at 13.5%. 

You should keep a note of the properties on the Register that you use to determine the value of your own property. 

Professional valuation

You may choose to ask a professional valuer to value your property. 

The professional valuation should reflect the value of your property on 1 November 2021. The documentation that the professional valuer provides should include the:

  • type of property
  • size of the property
  • condition or state of repair of the property. 

Other information sources 

You can refer to other available information about properties in your area to help you value your own property. These information sources could include, for example:

  • newspapers or other media sources
  • information from local estate agents
  • commercial property sales websites such as daft.ie, myhome.ie and geowox.com

You should use information about properties in your area that are similar to your own property, for example, in type, approximate size and approximate age. The information you use should be from recent years to help you value your own property as at 1 November 2021. 

Documentation  

You should keep a copy of any information sources and supporting documentation that you use to determine the market value of your property. Revenue may request this from you in the event of a review of your self-assessment of your property’s value.

Next: Factors that may affect your valuation