Dáil Éireann Debate, Tuesday - 18 November 2025
369. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Question No. 471 of 4 November 2025, the total value of all residential property based on the local property tax data, using the average figure report for all properties below €2.1million; the total value of residential property owned by multi-property owners using the same approach; and if he will make a statement on the matter. [63707/25]
Amharc ar fhreagraI am advised by Revenue that the estimated value of residential property on the LPT register is tentatively estimated at €752 billion, of which the portion owned by multi-property owners is estimated at €258 billion. This high-level estimate is based on the median price by valuation band as of 2024 and the distribution of properties by 2022-2025 valuation band. The estimate incorporates the returned 2021 band 20 valuations grown forward to 2024. Local Authority owned and Approved Housing Body properties are automatically placed in band 1 and such the band 1 median price is applied to these properties.
