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uin	20809
answer › answering member › label	Biography information for Nigel Huddleston

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registered interest

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answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

type

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

1699069

registered interest

date

26/03/2024

answering body

Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

Treasury

hansard heading

Housing: Valuation

house id

legislature

25259

	pref label	House of Commons

question text

To ask the Chancellor of the Exchequer, with reference to the Answers of 23 October 2006, Official Report, column 1679WA and 8 October 2007, Official Report, column 227W, and pursuant to the Answer of 12 March 2024 to Question 16860 on Housing: Valuation, whether the Valuation Office Agency uses locality adjustment factors to calibrate the automated valuation model for multiple regression analysis; and how many localities the Valuation Office Agency has created for the model.

tabling member constituency

Sedgefield

tabling member printed

Paul Howell

type

WrittenParliamentaryQuestion

uin

20809

answer

is ministerial correction

date of answer

15/04/2024

answer text

The Valuation Office Agency’s Automated Valuation Model (AVM) methodology for Wales has been updated substantially since the cancelled 2007 English revaluation. The new AVM uses spatial modelling techniques of which location is a key element. The spatial model estimates a continuous field of location factors (which are influenced by various aspects such as transport links, crime rates, quality of nearby schools) rather than the discrete localities. I would observe that this is a policy proposed by the Welsh Government, and does not represent the policy position of the UK Government in England.

answering member constituency

Mid Worcestershire

answering member printed

Nigel Huddleston

question first answered

15/04/2024 08:53:21

answering member

4407

	label	Biography information for Nigel Huddleston

tabling member

4830

	label	Biography information for Paul Howell