New software sharpens up valuations

cHometrack has launched a new product which can be used to help agents make more accurate valuations. Standard data offered by Comparables now includes other property information such as property attributes, year built and energy performance.

The new Hometrack Comparables product is thought to be the most comprehensive set of homes and rental comparables data available in the market and also covers property subtype, tenure, floor area and valuations data, including last sale date, amount and current value.

Three API endpoints are available – meaning comparables can be delivered either through UPRN lookup, map vector tiles or geo searches.

The datasets are updated every 30 days and benefit from tiered pricing meaning the product can be tailored to the needs of every individual business, regardless of their size. Ross Allan, Head of Property Data Solutions at Hometrack, said: “Although traditionally known for being the leading provider of automated mortgage valuations, Hometrack’s offering is now much more than that and has various use cases for businesses outside of the mortgage industry. Comparables is a fantastic example of this and can be used by estate agents to get ahead of the competition by understanding the latest pricing information on properties in their area and using it to expand their knowledge of their local market.”