What does the price range mean?

Written By side street

Last updated About 4 hours ago

Every prediction on Side Street includes a price range alongside the predicted price. This range represents where the model estimates the property is likely to sell β€” shown at 90%, 95%, and 99% probability bands depending on your view.

A narrow range indicates the model is highly certain about the outcome. Properties with consistent features in well-documented neighbourhoods tend to produce tighter ranges.

A wide range indicates more uncertainty. This can happen when a property has unusual characteristics, is located in a neighbourhood with limited sales history, or sits in a price segment where outcomes vary significantly.

The predicted price shown is the model's single best estimate. The range is just as important as the number β€” it tells you how much weight to put on that estimate and what realistic upside and downside scenarios look like.