Property: Valuation
(asked on 16th January 2025) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, pursuant to the Answer of 27 November 2024 to Question 14949 on Property: Valuation, who recommended the use of Gaussian Markov Random Fields in the Automated Valuation Model.
This question was answered on 22nd January 2025
The approach has been endorsed in reviews by both the Centre for Appraisal Research and Technology and the International Association of Assessing Officers.