Data Management L2 and L3

Question 1

• How did you search for comparables (Barnsley Residential)?

Answer 1

• Used several sources – Rightmove Plus, Zoopla and then cross-checked with HMLR sold prices
• Filtered the searched by location, date of sale, size and price
• Reach out to agents to gain any extra details and confirm level of interest

Question 2

• How do you present the comparables?

Answer 2

• Within a template used for all reports and schedules of comparables
• Photo, address, description, date and sale price, alongside comments comparing to the subject property

Question 3

• How is the file stored securely?

Answer 3

• Save within the secure filing system on the computers, backed up externally
• Save particulars and PDFs of comparables for due diligence

Question 4

• What are some of the background searches and where do you gather them from?

Answer 4

• Edozo – location and site plan
• Planning history
• Conservation Area
• Listed Status – Historic England (Grade I – Exception interest, Grade II – special interest)
• Local Plan
• Rating Assessment – Gov VOA
• EPC - Gov
• Radon – UK Radon
• Coal Mining History – Coal Authority
• Flooding – Environmental Agency
• HMLR

Question 5

• How is this information presented within a marketing report?

Answer 5

• Sections within the report for rating assessment, flooding, planning and so on