Homes England - Housing Market Intelligence Data - Pre-Market Engagement

Description

This Pre-Tender Market Engagement is a market testing exercise and not a call to competition. The aim of this questionnaire is to gain feedback from the market to inform any potential future procurement exercise. This is an engagement not a procurement exercise and no contract will be awarded at the end of this process. The Pre-Tender Market Engagement exercise is in 2 stages: 1. Completion of this Pre-Tender Market Engagement Questionnaire 2. Potential attendance of a Demonstration Meeting in September The Pre-Tender Market Engagement commences on 20th August 2024. Pre-Tender Market Engagement Questionnaire There are a number of questions covering different areas we would like you to consider. We would be grateful if you could read the brief outlined in the attached document (available once you have registered your interest via this ProContract advert), then answer this questionnaire and return it to Homes England by Monday 9th September via the ProContract system. The Brief Homes England is the government's housing and regeneration agency. We believe that affordable, quality homes in well-designed places are key to improving people's lives. We need to ensure we have a data specification for Housing Market Intelligence that meets the needs of the Agency and provides a high level of value for money. Homes England's understanding of the current housing market is critical to our mission and delivery of our objectives and therefore, access to robust house sales and rental price data is crucial. We would like access data covering the following broad areas: • sales and rental price data • an Automated Valuation Model • measure of market liquidity • times series analysis of prices and time to sell • indicators of housing demand • comparable properties around an area of interest • a breakdown of housing types • a breakdown of housing age We are interested in access to both raw data and more standardised off the shelf reporting products. Example questions that we wish to be able to answer are wide ranging and subject to change, but may include: • How much has rent increased in a particular geography in the last 3 years? • What is the price per square m or square foot for a three bedroomed property in a particular geography? • What proportion of the housing stock across a particular geography was built more than 50 years ago? • What is the average length of time on the market for detached houses now compared to 5 years ago?