Commercial capital and rent indices for a place
commercial_marketThe commercial market for a sector and a place: the repeat-sales CAPITAL
index, the VOA rating-list RENT index, and the rated stock standing in the
authority with its hereditament count, total and median rateable value.
THE TWO INDICES ARE NOT COMPARABLE and must never be plotted on one axis
or differenced. The capital index is quarterly and THIN — several quarters
rest on single-digit sale pairs, `n_pairs` is on every point, and
`thin_periods` names the recent ones you should not quote a move from. The
rent index is keyed on VOA rating lists at their antecedent valuation
dates, so it has four points in sixteen years and each is a revaluation of
a constant sample, not a quarter.
Only 19 local authorities carry a capital series, ALL sector only, because
a local sector cell is too thin to publish. Ask for one that has none and
the NATIONAL series comes back labelled as national — check
`area.index_scope` before describing it as local.
Rated stock is the 2026 list only, so it is a snapshot: RV change on appeal
is not derivable per property.
UK only. Free.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| sector | No | ||
| area_key | No | ||
| lad_code | No |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
No arguments | |||