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Valuation Office

Volume 477: debated on Thursday 19 June 2008

To ask the Chancellor of the Exchequer pursuant to the answer to the hon. Member for Brentwood and Ongar of 6 May 2008, Official Report, column 828W, on the Valuation Office, if he will outline how the models differ from each other within the Automated Valuation Model. (211830)

The models adopted by the Valuation Office Agency differ from each other in the variables used, the coefficients calibrated and the time at which the models are calibrated.