Automated Property Valuation

The Lightstone Valuation Report is a comprehensive report that helps agents, buyers and sellers to establish the fair value of a property. The report contains the following information (where available):

• Property details
  •  Title deed number
  • Erf/unit details (as per the South African Deeds Registry)
  • Street address details
  • Erf/unit size
  • Lat/long coordinates
• Owner details (as per the South African Deeds Registry)
• Valuation details
  • Last sales date and last sales price
  • Estimated value – a statistically generated estimate of the value of the property based on information obtained from the Surveyor General, the Deeds Office, banks, estate agents and other sources
  • Safety score – the statistical probability that the property would sell for more than 90% of the estimated value.  In simple terms, the probability that the estimated value is not an over-prediction
  • Accuracy score – the statistical probability that the property would sell for within 20% of the estimated value.  In simple terms, the probability that the estimated value is correct
  • Expected high and expected low - the statistically generated upper and lower bound within which the property is expected to transact
• Municipal valuation details
  • Assessed rates value and date of rates valuation
  • Zoning/usage of property
• Aerial/satellite image showing the property and the 15 most recent comparable sales
• A table showing the details of the 15 most recent comparable sales
• Graphs showing suburb price and volume trends

View Sample      Buy Now