To stay confident in your valuations of properties and assets, it is crucial to access reliable location data. An accurate picture of where a property is and what it’s surrounding environment is like can have a huge impact on overarching value, for residential and commercial properties alike. For example, an understanding of access to services, predicted footfall and even crime rates, would all impact property valuations.
With new focus on sustainability, this understanding not only plays a role in defining value now but can help paint a picture of the sort of value that can be unlocked with further investment. Such as assessing the value in conducting retrofitting projects, or identifying the impact of potential climate risks, such as flooding, across entire portfolios.