PARLIAMENTARY WRITTEN QUESTION
Council Tax: Wales (10 September 2024)

Question Asked

To ask the Chancellor of the Exchequer, whether (a) artificial intelligence and (b)machine learning were used in the automated valuation model in the Valuation Office Agency’s work for council tax revaluation in Wales.

Asked by:
David Simmonds (Conservative)

Answer

The Automated Valuation Model (AVM) utilises supervised machine learning, where a model is trained using known transaction values. Statistical techniques are used to calculate the impact of the property’s inherent characteristics and location on the value of a property. While the AVM supports the valuation process, its outputs are reviewed and refined by valuers and analysts before making a final judgement on the appropriate band a property is placed in.


Answered by:
James Murray (Labour)
18 September 2024

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