Trainline has launched a price prediction tool allowing passengers to track the price of Advance tickets through its app.
The price tracker uses data taken from customer searches to predict when the price of Advance train tickets is expected to increase over time. When searching for Advance tickets, the tool appears beneath the journey schedule as “view price tracker”.
Trainline says that customers currently save an average 43 per cent on Advance fares. The company’s price prediction data shows that if they bought an Advance ticket on the day that they first searched for the journey, they could save an average 49 per cent.
The price tracker is currently only available on a limited number of routes. This will change as it collects data from passengers searching for Advance fares on a greater range. At the moment, there is no function on the price tracker to include railcards or discounts.
Currently, a standard class Advance single fare on the London Euston to Manchester Piccadilly route is £32 80 days before the day of travel, rising to £38 at 41 days before the day of travel, £42 at 13 days before, £87 at 2 days before and costs £126 on the day of travel itself.
Chief product officer at Trainline, Jon Moore, said:
“Our data scientists have used historical pricing trends from billions of customer journey searches to predict when the price of an Advance ticket will expire. We now share this information in our app to allow our customers to get the best price possible for their journey. We’re introducing more advanced machine learning every day so naturally our predictions will get increasingly accurate. Our mission is to make train travel as simple as possible and price prediction is the first in a long line of predictive features we have planned to help customers save time and money.”