Bricks&Logic has developed a Digital Twin for every property in England and Wales, forming the foundation of our platform. Read on to learn more about how we use them.
What is a Digital Twin
A Digital Twin is a virtual replica of a physical object or system that allows for simulation and analysis of its behaviour. At Bricks&Logic, we use digital twins to represent each property by gathering data from multiple sources and leveraging AI to fill in any missing information. This enables us to create a complete picture of a property's characteristics, including size, age, location, and energy efficiency.
Modelling property behaviour
At Bricks&Logic, our obsession is house prices. We closely monitor current values, track their movements, and seek the most effective way to convey market trends. Our top priority is ensuring accurate comparisons by analysing the value of each property, rather than solely relying on recent sales. This like-for-like approach allows us to develop market-leading property indices and present them in detailed, data-rich heat maps.
How to see your properties Digital Twin
The Bricks&Logic platform is free for everyone to use. Simply create an account, search for your property, and view our estimated value, along with the attributes we have assigned to it. If any of these attributes are incorrect or have changed, such as if you have added an extension, you can update them to receive an updated sale and rental valuation. If you want a really quick and easy online valuation and summary before logging in you can try our simple tool here.
Conclusion
Our innovative use of Digital Twins has enabled us to create a comprehensive and accurate representation of every property in England and Wales. By leveraging AI and data from multiple sources, we are able to provide users with a detailed understanding of a property's characteristics, energy efficiency, and estimated value. Our commitment to accurate comparisons and market-leading indices has made our platform an invaluable resource for those interested in the property market. Best of all, our platform is free to use and available to everyone. If you would like a demo for how Bricks&Logic could help your business please book one via our professional page.
Author: Michael Joyner, Chief Data Scientist, Bricks&Logic