PropTech Platform — UK Commercial Property Valuation

Comparable Evidence Engine: CoStar API integration for commercial property transactions (letting and investment). MSCI (formerly IPD) performance data for yield benchmarks. Automated comparable selection: algorithm identifies 5–15 most relevant comparables by property type, location radius, floor area, and transaction date. Comparables displayed with RICS adjustment guidance framework. AI Valuation Check: Python ML model (gradient boosting) trained on 3 years of firm's own completed valuations. Purpose: not to replace the RICS valuer's judgement, but to flag when the manual calculation deviates significantly from the AI estimate (potential error check). Clear disclosure: "AI estimated range: £X–£Y. This is a quality check only — the valuer's professional judgement governs." RICS guidance on technology in valuations followed. RICS Red Book Compliance: RICS PS 1 and PS 2 compliance: valuation basis clearly stated (Market Value, Fair Value, etc.), assumptions and special assumptions documented, valuation date stated, RICS membership number, professional indemnity insurance confirmation. Report generation: populated from valuation data, exportable as PDF with RICS compliant format. AML Compliance for Commercial Property: Estate agents conducting commercial property transactions are subject to MLRs 2017. CDD for clients (identity verification, beneficial ownership), EDD for high-value transactions (above £85,000 threshold), MLRO escalation workflow, SAR capability, and 5-year AML record retention.