What are “Bank-grade” valuations and how do you calculate them?
Summary
Propell shows lender-quality valuations powered by Hometrack (used by 9/10 UK lenders). Track current value, growth since purchase, and equity/LTV. You can also manually override the value if you have a survey or recent revaluation.
How it works
- Open a property → Valuation card shows current value (Hometrack).
- See change since purchase, equity, and LTV.
- Click Adjust valuation to enter a manual value (optional) and add a note (e.g., “RICS survey, Sept 2025”).
- All dashboards and insights update instantly.
Why it matters
- Lender-grade accuracy (not rough estimates).
- Clear signal for refinance/equity release timing.
- Overrides keep your portfolio aligned with on-the-ground reality.
FAQs
- How often are values refreshed? Regularly via Hometrack; manual changes persist until you revert.
- Can I export values? Yes — export from the portfolio dashboard.
- Does manual override affect insights? Yes, all metrics recalc from your override.
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