Compare
MarketCode vs Hometrack
Both produce AVMs. MarketCode adds the reasoning, the risk overlay and the audit trail — for the underwriter, not just the credit decision.
Hometrack
Ships a number.
The incumbent UK AVM. Hometrack values ~50 million UK properties a year and is used by 17 of the top 20 lenders. It does what an AVM is designed to do — produce a defensible statistical estimate. Underwriters then spend hours reconciling that number against everything else.
MarketCode
Ships the case behind the number.
The same AVM range, plus reconciled comparables with citations, planning constraints, flood + ground risk, ownership trail and a written reasoning trace. Built to RICS Red Book criteria — the agent triages files inside the AVM envelope and surfaces the rest, pre-gathered.
| Feature | MarketCode | Hometrack |
|---|---|---|
Automated Valuation Model (AVM) with confidence band | Yes | Yes |
Reconciled sold + on-market comparables per address Hometrack provides comparable evidence; MarketCode reconciles it into the valuation narrative. | Yes | Partial |
Planning constraints overlay (Conservation, Listed, Article 4) | Yes | No |
Flood + ground risk overlay per address | Yes | No |
Ownership trail + Companies House cross-ref | Yes | No |
Written reasoning trace ("why this number") MarketCode produces a narrative an underwriter can challenge, audit and override. | Yes | No |
RICS Red Book applicability flag (in-scope / needs human) | Yes | No |
Portfolio re-valuation (parallel runs across N addresses) Both support bulk; MarketCode flags per-asset RICS applicability. | Yes | Yes |
Conversational analyst (ask in plain English) | Yes | No |
MCP server for Claude / ChatGPT / Cursor | Yes | No |
REST API with per-property pricing | Yes | Yes |
Used by major UK lenders Hometrack is the incumbent — 17 of the top 20 UK lenders. We are early but growing. | Pilots | Yes |
Information about Hometrack is from publicly available materials as of 2026. We'll keep this updated as both products evolve.
Which one fits.
Choose Hometrack if
- • You need a high-volume AVM for instant decisioning
- • Your underwriting model is built around the AVM number alone
- • You already have other systems for risk + planning + ownership
Choose MarketCode if
- • You want the underwriter case, not just the number
- • You need audit-traceable reasoning per address
- • You re-value portfolios and want files outside RICS AVM scope pre-flagged
- • You're building AI into your origination flow (MCP-ready)
See Agentic Valuation on your addresses.
30-minute walkthrough. Bring addresses you know well. We'll show you the difference live.