What data services does HouseMark provide?
Initially, the main source of data will come from our current benchmarking system. However, very soon this data will be supplemented by other external sources of data to enhance the type of analysis which will be available to members. We’re also working with Dr Duncan Shaw of the Nottingham University Business School (NUBS) on a number of big data projects. In the near future, this will be the place where our members will come when they have a need which can be met with data work – either by commission our Data Services team to do the work, using a HouseMark service, or accessing our data platform and doing the work themselves.
How will HouseMark ensure the data services it provides meets its members’ requirements?
During the Autumn of 2013, HouseMark invited all members to take part in an online consultation survey. The purpose of this was to identify what members wanted from a new reconfigured benchmarking service. The responses from this consultation are currently being analysed and a the new service will be available from April 2014
What data from other sources are you planning to use?
We expect to be able to source data about housing need, house prices and market rents in addition to data from the Census and indices of multiple deprivation. We are also looking to source other sources of data relevant to the housing sector.
Will there be any additional data collection effort required by me as a member in the future?
We’re currently looking to develop ways of making data collection for members as easy as possible. Reducing input effort is a key member concern, and could mean more direct sourcing from member systems, support with data extraction or reviewing the scale of data collected. We will work with our members to agree their preferred method and make sure the identified solution works for them.
When can I expect to see new data products and services?
The reconfigured benchmarking service will be available to members ready by spring of 2014. Other data services will become available during 2014. We will continue to refine the data we collect and the services we provide over the following years to ensure that the data services provided are relevant and meet the needs of our members.