Zoopla is testing its new Property Valuation Report with the help of data from Hometrack. This is a different tool from the current valuation feature on Zoopla's website, but it could be replaced in the near future.
The trials are currently in nine locations across the UK, but Zoopla says that high early interest means the trials will be widened to a further 72 places.
The reports will be rolled out across the UK next year, and will be available both to Zoopla agents and directly to consumers.
The design of the new reports has been driven in large part by feedback from estate agents and property vendors, to increase their relevance and usefulness.
In the trials so far, Zoopla says the reports have helped reduce uncertainty and ambiguity for sellers, and as a result have been very effective for estate agents in both prospecting and winning instructions.
In addition to providing valuation estimates and confidence levels, each report offers vendors hyper-local insights relating to their home including average time to sell, price changes over time and Zoopla search data.
This is information that has previously been reserved for banks, surveyors and industry professionals.
Agents in the trial areas can download the reports for free via ZooplaPro.
Read more here
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