Percentage Increase Formula:
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The percentage increase in house prices measures how much property values have risen over a specific period. It's a key indicator of real estate market trends and property value appreciation.
The calculator uses the percentage increase formula:
Where:
Explanation: The formula calculates the relative change in price compared to the original value, expressed as a percentage.
Details: Tracking house price increases helps homeowners understand their equity growth, assists buyers in evaluating market conditions, and helps investors analyze property performance.
Tips: Enter both prices in the same currency without commas. The old price should be from an earlier time period than the new price.
Q1: What's considered a good annual price increase?
A: Typically 3-5% is healthy growth, but this varies by location and market conditions.
Q2: Should I include renovation costs in the new price?
A: Only if you're calculating return on investment. For pure market appreciation, use unimproved value.
Q3: How often should I calculate price increases?
A: Annually for personal tracking, or when considering selling/refinancing.
Q4: Does this account for inflation?
A: No, this shows nominal increase. For real increase, adjust old price for inflation first.
Q5: What if my price decreased?
A: The calculator will show a negative percentage, indicating value depreciation.