A data portal called REalyse and aimed at professional property investors is launching today after raising £500,000 in seed capital.
The site allows investors and residential developers to - in its words - “see the market, before the market” via a range of collated data about the sector.
REalyse offers a comparison of current and historic yield data from over 170 datasets, and presents them via a dashboard. Data sources include investment yields, total returns, pound per square foot values, transaction volumes, holiday lettings, mortgage information, rental statistics and more.
The portal says it also draws on supply and demand data, as well as capital appreciation and broader socioeconomic factors, such as investment in infrastructure and growth of jobs locally.
Its launch material promises that it will “disrupt the property market” which has “never before had access to this level of data insight.”
The London-based company is headed by chief executive Gavriel Merkado, a former City of London businessman, and has a board including Adrian Wyatt, founder of development company Quintain. Funding has come from a number of sources including Pi Labs, which invests in early stage ventures in property tech.
There is a free 14 day trail but individual subscribers will have to pay £200 a month for the service with a premium three-accounts option costing £495 a month.
You can see the portal here.