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Rightmove Automated Valuations

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Is this new? Something they're soon to implement? Zoopla has estimated values. I wonder how it compares.

Yes Zoopla's Z-Index... I don't know how they calculate it but they seem to value a house/postcode around £50-75k more than the actual selling prices.

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I imagine zoopla takes the latest selling price and adjusts what HPI has done since. Factors like price dispersion and confusion (manipulation) of property type (e.g. how many bedrooms) could explain much of the discrepancy.

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I think it is a tool that EAs get (or can pay extra for) when they list on Rightmove.... more evidence that EAs are surplus to requirements!

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