We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Property Tax

Revenue website showing property values goes live

Are you a homeowner? This site will show you how much your property is worth so you can calculate how much property tax to pay.

REVENUE HAS LAUNCHED a new website showing property values around the country, which will be used to calculate how much property tax homeowners will have to pay.

The property valuation guide, which can be seen here, gives an estimated price for properties in a given location, rather than specific valuations for individual properties.

The website advises users that there are always properties in an area which will be worth more or less than the average.

Revenue said the valuation is based mainly on the market value of houses in the area sold in the past three years, adjusted for price movements over time.

Users are asked to select their property location, their property type (for example, semi-detached, bungalow, terraced) and whether or not it was built before 2000.

It then displays a map where users have to zoom in closely in order to see the valuation band assigned to their property. This value band will be used to confirm how much property tax a homeowner will pay.

The website warns users that they will have to factor any exceptional factors that could affect the value of the house when they assess how much it is worth.

“If you follow this guidance honestly and if the guidance is indicating a reasonable valuation for your property, Revenue will accept your assessment,” the site says.

The property tax was announced in Budget 2013 and comes into effect from 1 July this year.  The tax is paid on the market value of a residential property.

You asked, we answered: What you want to know about the property tax >

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Your Voice
Readers Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.