DeskVal offers an AI-powered Automated Valuation Model (AVM) for UK residential properties, providing street-by-street valuations adjusted for specific property attributes. Its granular approach supports lenders and property professionals with accurate market assessments for underwriting and property sourcing.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional property valuation methods are time-consuming and can lack granular accuracy, particularly for unique or rural properties. This can lead to inefficiencies for lenders and property professionals requiring precise, up-to-date market assessments.
Solution
DeskVal provides an AI-powered Automated Valuation Model (AVM) for UK residential properties, offering enhanced accuracy through proprietary algorithms and live data streams. The platform generates street-by-street valuations that are adjusted for specific property attributes such as condition, size, energy efficiency, and tenure. This granular approach supports lenders and property professionals in their underwriting, project costing, and property sourcing activities. DeskVal's output is backed by professional indemnity insurance, providing an additional layer of confidence in its automated valuation capabilities.
Target Audience
The primary customers are UK-based lenders, specialist lenders, property investors, and property professionals who require accurate and efficient residential property valuations.
Features
- AI-driven valuation engine utilizing proprietary algorithms and live market data feeds.
- Granular valuation adjustments based on property condition, size, energy performance certificates (EPC), and tenure.
- Integration of unique reflective datasets and AI learning to impute data for less common property types.
- Real-time comparable property analysis with live map visualizations of listings across multiple portals.
- Support for various property types including Houses in Multiple Occupation (HMO), apartments, and mixed-use properties.
- Portfolio valuation functionality for simultaneous assessment of multiple properties.
- API integration and drag-and-drop file upload for streamlined data input.
- Professional Indemnity (PI) insurance coverage for all valuations.
- Demand data analysis to indicate market growth or decline trends for specific property types.
- Full rental market valuation capabilities.