New data source for property investors launches

PropertyData, a new website that enables landlords and agents to obtain data on property prices and yields nationwide, has launched.

PropertyData uses Zoopla’s open data API, allowing subscribers to the service to obtain comprehensive property market data.

Subscribers can draw custom data across areas to analyse house prices, capital growth, rental yields and more. The tool it is said also impartially illustrates agent market share in the drawn area, showing how many properties the top agents have for sale or rent.

The open data API is Zoopla’s way of making property information more transparent and accessible to all.

The company say that further features are under development and will be added to the software in the future, based on user demand.

Michael Dent of developers Liberty Tech said: “We built PropertyData so that agents and property owners could explore pricing, yield and capital growth data for any area in the UK on an easy-to-use website.

“Landlords considering their next property, for example, could use PropertyData to examine prices and yields for various property sizes in different areas nationwide. Zoopla’s efforts to make property information transparent and accessible have been crucial in helping us to build this tool.”

Founder Dent previously launched a search engine called PropertySorter which allowed users to search properties by square footage.

It was acquired by a company Property Detective, and Zoopla now have a similar functionality in their search.

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