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Eyes versus bytes in a battle for accuracy

By: Series: Estates Gazette ; (0347) 22 November 2003, 144-145(2)Publication details: 2003Subject(s): Online resources: Summary: Examines Hometrack's new online residential valuation service, which provides a 10-page email valuation report for £14.95. A key feature of the report is the provision of comparable prices of similar nearby homes sold in recent months. This information assists home sellers to make better estimates on a sale price and helps buyers to make more realistic offers. Asks whether the valuations are accurate and whether the methodology used is sophisticated enough to persuade Hometrack's target market - mortgage lenders - to abandon human valuers for this cheaper approach to valuation. A sample report is available at www.hometrack.co.uk.
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Journal article London Journal article ABS67391 (Browse shelf(Opens below)) 1 Available 124579-1001

Examines Hometrack's new online residential valuation service, which provides a 10-page email valuation report for £14.95. A key feature of the report is the provision of comparable prices of similar nearby homes sold in recent months. This information assists home sellers to make better estimates on a sale price and helps buyers to make more realistic offers. Asks whether the valuations are accurate and whether the methodology used is sophisticated enough to persuade Hometrack's target market - mortgage lenders - to abandon human valuers for this cheaper approach to valuation. A sample report is available at www.hometrack.co.uk.