Property seekers care about their commute costs, do you?

Property seekers don’t just need to know the cost of the place, but the cost of living in it, which is why most property sites show energy performance certificates. Whilst helpful, it’s still missing a major part of daily life for most people – commuting to and from work. As commute costs can be the deciding factor for commuters, how can property listing sites pre-calculate commute costs for every customer?

Redirect customers to local transport routes

Add a link on each property page that will redirect property seekers to a journey planner tool utilising local transport links e.g. TFL within London or Travelline in Edinburgh. This way they can calculate costs manually and correctly estimate their journey costs before asking for further details.

Add a new commute calculator

Build a commute calculator tool from scratch to place on the site. To deliver this information it would require routing information, costs and timings. Customers looking at each individual property can then enter their office location and calculate this cost.

Use a software provider

Step 1: Customers enter their commute preferences: maximum journey time, mode of transport and time of travel

Step 2: Properties are listed by minutes rather than mileage

Step 3: The platform supplies travel cost estimates based on this commute

The software calculates the estimated cost of the commute for each property using the searcher’s entered office location. An estimate of cost is given in £s using an adult on the day walk up fare for public transport. These prices are given as a guide as transport costs vary with the booking lead time, seasonal changes, consessions and demand.

 

Alex Evans

You May Also Enjoy

Breaking News

Halifax House Price Index for August

UK house prices edge up to hit two-year high   House prices in August 2024 were 4.3% higher than the same month a year earlier. House prices increased by +0.3% in August, after +0.9% rise in July Year-on-year prices are up +4.3%, the strongest rate since November 2022 Higher annual growth largely reflects the base…
Read More
Breaking News

Nationwide House Price Index for August

Annual house price growth edged higher in August   UK house prices fell 0.2% month on month in August Annual growth rate picked up to 2.4%, from 2.1% in July Fastest pace of annual growth since December 2022 Energy efficiency becoming more important in influencing what buyers will pay for a home   Headlines Aug-24…
Read More
Breaking News

Rightmove Points to Worsening Crisis in Private Rented Sector

Responding to data published today by Rightmove suggesting that the number of former rental properties up for sale is now at its highest level on record, Chris Norris, Policy Director for the National Residential Landlords Association, said: “Today’s data will be a serious concern for all those renters struggling to find somewhere to call home. …
Read More
Rightmove logo
Breaking News

Record levels of former rental homes for sale

The proportion of former rental properties moving into the sales market is at its highest on record, indicating more landlords are selling up, some potentially driven by the mooted increase in Capital Gains Tax in the Autumn Statement on 30th October: 18% of properties now for sale were previously on the rental market, compared with…
Read More
Rightmove logo
Breaking News

Rightmove’s weekly mortgage tracker 4th September 2024

The lowest available 5-year fixed rate mortgage is now 3.77% (for 60% LTV), which is the lowest a five-year fixed rate has been since before the mini-Budget in September 2022. Other key points this week include the average 5-year fixed mortgage being a full 1.0% lower than last year, and the average 60% 5-year rate…
Read More
Breaking News

Breaking Property News 04/09/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Property Technology in the UK: Trends, Growth, and Challenges Proptech, (Property Technology), having exploded in the UK in 2017 with 60% of new startups in the sector clambering to be the next big thing – is seven years on now maturing. All the hype…
Read More