Valuing your property
Revenue's interactive valuation tool
The interactive valuation tool indicates the average valuation band for properties in your immediate area. It does not reflect a specific market value for any individual property.
The interactive valuation tool is based on the market value of properties as at 1 November 2021. This is because your LPT charge for 2022 to 2025 is based on your valuation of your property as at 1 November 2021.
If your newly built property did not exist on 1 November 2021, you are still required to value it as if it did exist on that date.
You are responsible for assessing whether the average valuation band for your area applies to your property or not.
The average valuation band for properties in your immediate area may not reflect the value of your property.
You should consider the specifics of your property when comparing it to other properties in your immediate area. Your property may have unique features that you should consider when assessing if its value falls within the average valuation band for your immediate area. For example, your property may be smaller than the average property size in your area.
You should also refer to other information sources when self-assessing the value of your property. It is important to remember that you should refer to sales price information as at 1 November 2021. For further information, please see the 'Other information sources for valuing your property' page in this section.
How the average valuation bands are calculated
The interactive valuation tool indicates the average valuation band for properties by ‘Small Area’. There are about 18,600 Small Areas in Ireland, usually with 50 to 200 properties in each.
For some Small Areas, Revenue does not have enough data to calculate an average valuation band. In these cases, the valuation map displays the average valuation band for the Local Authority area.
For further information on the data and calculations Revenue used to create the interactive valuation tool, please see LPT Valuation for 2021 – Technical Paper.
Next: Other information sources for valuing your property