Valuing a home for a policy
Bytero Engine gives the market value of a flat or house for a new policy or a renewal. For a house you enter the living area, since we do not estimate it from the footprint.
Insurers, banks, developers and investors use Bytero for property data enrichment, valuation and natural catastrophe risk assessment.
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Market prices and rents
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Hazard risk for any address
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House size and rebuild value
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Insured sum from one address
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Road accident risk
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Every insurer’s price for one risk
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Offices, logistics, retail and land
Learn more →Bytero Engine gives the market value of a flat or house for a new policy or a renewal. For a house you enter the living area, since we do not estimate it from the footprint.
Compare each insured sum with current prices in its location. Policies insured well below the market come up for review.
Value the homes in your book again in one run and see which districts moved since the last one.
Valuations go into underwriting through the API. Each one carries its inputs and the model version, so an auditor can see how it was reached.
Value the collateral for a mortgage, then watch the loan-to-value ratio as local prices move. Each valuation shows the comparable properties and inputs behind it and the model version that produced it. Results reach your internal systems through the API.
03Bytero Engine prices each unit for sale and for rent, so you can compare unit mixes before the plans are fixed. Competitor tracking shows the prices and unsold units of new projects nearby. When you look for the next site, the heatmaps show price levels by area.
04Filter properties on the market by gross yield, worked out from the asking price and the rent Bytero Engine expects. Alerts tell you about new offers and price changes. Your own flats, with their mortgages and rent, go in the portfolio.
05Value a client's flat or house and show them the comparable properties offered nearby. Send the result as a PDF or a link.