Automated Valuation Model
Benefits
Significant reductions in cost and timescales, as well as benefits to customers through greater consistency and quality of valuations. Initial estimates place the reduction in cost of a revaluation by one-third, compared to carrying out a manual valuation. Moreover, by providing an initial valuation the VOA can prioritise cases for manual valuation and can better target our professional valuer resource to where they will have the greatest impact, providing more rewarding roles for our staff.
Details
- Tool name
- Automated Valuation Model
- Organisation
- Valuation Office Agency
- Status
- live
- AI method (as recorded)
- Machine Learning, Other
- AI method (normalised tags)
- Machine Learning Other
- Usecase
- Predictive Analytics
- Origin
- gov.uk
- Owning team
- Valuation Analytics
- Date added
- 6 August 2025
- Scrape date
- Source note
- Automated Valuation Model for property valuation by Valuation Office Agency, reducing costs and improving consistency. [Source]