Valuing your property

Other information sources for valuing your property

You can refer to one or more of the following information sources to help you value your property:

  • Residential Property Price Register. If you are referring to the prices of new properties on the register, you should add VAT at 13.5%.
  • newspapers or other media sources
  • information from local estate agents
  • commercial property sales websites such as daft.ie and myhome.ie.

When referring to the above sources, you should compare properties that are similar to your own property for example, in type, approximate size and approximate age. You should not rely on one particular sale, for example, the most recent sale in your neighbourhood. You should consider a group of relevant sales over recent periods.

Revenue does not endorse or otherwise validate that these sources are valuations for LPT purposes. 

Professional valuation

You may choose to ask a professional valuer to value your property. The professional valuation should reflect the value of your property as 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. 

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