1. What is House Price Percentage Increase?

The percentage increase in house price measures how much a property's value has grown over time. It's a key metric for homeowners, investors, and real estate professionals to assess property appreciation.

2. How Does the Calculator Work?

The calculator uses the percentage increase formula:

Where:

• New Price — Current or selling price of the property
• Old Price — Original purchase price or previous valuation

Explanation: The formula calculates the relative change in price compared to the original value, expressed as a percentage.

3. Importance of Price Increase Calculation

Details: Understanding price appreciation helps in making informed decisions about selling, refinancing, or assessing investment returns. It's also useful for property tax assessments and insurance valuations.

4. Using the Calculator

Tips: Enter both prices in the same currency without commas. The old price should be the earlier value, and the new price the more recent value. Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: Should I include renovations in the calculation?
A: This calculator shows raw appreciation. For return on investment calculations including renovations, you'd need to add improvement costs to the old price.

Q2: What's considered a good annual increase?
A: Varies by market, but 3-5% annually is generally healthy. Some high-demand areas see higher increases.

Q3: How does this differ from compound annual growth rate (CAGR)?
A: This shows total appreciation over the period. CAGR would show the equivalent annual rate that would achieve this growth.

Q4: Can I use this for commercial properties?
A: Yes, the formula works for any asset price comparison, though commercial properties may have different valuation methods.

Q5: What if my property value decreased?
A: The calculator will show a negative percentage, indicating depreciation rather than appreciation.