Property data firm upgrades agency offering

Property data specialist Sprift has updated its comparables tool feature for agents.

The updated version lets users manually add comparables, for example adding any homes sold off market or new-build to those already available in the platform. 

New comparables also include £sqft and lease length.

Agents can now add their own comments to specific properties so they can fully customise reports and highlight property-specific information when supplying comparables to a surveyor, vendor or potential buyer.

Matt Gilpin, chief executive of Sprift ,said: “While there has been significant innovation in many areas of the proptech sector recently, there haven’t been any major changes in terms of comparables for many years. 

“owever, for any professional operating in the property sector today comparables are one of the most important tools of the trade. 

“The feedback we’ve received over the past few months from our user base has been that now, due to complex market conditions, comparables reports have become more valuable than ever. 

“By listening to what our agents need and understanding what features they would find most valuable, we’ve designed a new set of functionalities developed specifically to support our users’ requirements, and in doing so have upgraded our existing best-in-class platform.”

Gilpin said the ability to instantly generate comparables based on £sqft will be particularly relevant to agents working in the prime central London and country house markets, while the comments feature will be helpful for agents to better communicate their local expertise on market appraisals. 

He added: “By providing the functionality for users to customise their reports and manually upload details of properties they have sold themselves which haven’t yet been added to the HM Land Registry records, for example, agents can generate the most up-to-date set of comparables possible, which is particularly helpful to support valuations for mortgage purposes where other recently completed sales aren’t yet showing on official records.

“Sprift continues to innovate, based on the invaluable feedback from all our users, our new powerful comparables tool continues the evolution of our platform, with yet more to come as we continue to deliver on our ambitious roadmap in the coming months.”