{"changes":[{"change":"A lot on a strata plan whose address names no unit is not estimated: the Valuer General values the scheme's land as one, so that land value is not the lot's, and a building's address names none of its units.","version":"2026-10-23.1"},{"change":"First version: similar sales from the last 3 years within 1 km, widening to 2, 3 and 5 km, checked against the Valuer General's land values.","version":"2026-10-22.1"}],"cross_check":"each sale's price / that property's land value at the base date before it sold, times this property's latest land value","notice":"An automated estimate from recorded sales. It is not a valuation: nobody has inspected the property, and its buildings and condition are not known here.","rules":{"area_pct":25,"candidates":60,"max_sales":15,"min_sales":5,"radii_m":[1000,2000,3000,5000],"round_to":10000,"years":3},"source":"NSW Valuer General","statistic":"median, and the middle half (the 25th to the 75th percentile)","url":"/methodology/estimated-value","version":"2026-10-23.1"}
