What is an AVM?

An AVM (Automated Valuation Model) calculates property valuations using a statistical model which computes large amounts of property data to generate an estimate of the market value for an individual property. A confidence level is also produced along with the valuation to indicate how accurate the valuation is.

Good data is critical to an AVM, which gives Rightmove a key advantage over competitors. Long term agreements with data partners and a rich collection of property sales descriptions give Rightmove a large, credible, database upon which to build the AVM.

AVM Example

Key features of the Rightmove AVM

  • Simple, easy-to-use interface
  • Rightmove's established product reliability and speed
  • Full audit capability
  • Detailed, statistical indicators of confidence levels for all valuations
  • Photographs of comparable properties
  • Individual property as well as batch valuation capability
  • UK coverage
  • Reinstatement values
  • Rental AVM available

Rightmove for professionals