1. What is the House Price Increase Calculator?

The House Price Increase Calculator helps you determine the percentage increase in property value between two time periods. This is particularly useful for homeowners, investors, and real estate professionals to track market trends and property performance.

2. How Does the Calculator Work?

The calculator uses the percentage increase formula:

Where:

• New Price — Current or recent property value
• Old Price — Original purchase price or previous valuation

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

3. Importance of Price Increase Calculation

Details: Understanding property value changes helps in making informed decisions about selling, refinancing, or assessing investment performance. It also provides insight into local market trends.

4. Using the Calculator

Tips: Enter both prices in the same currency (GBP). For accurate results, ensure both values are positive numbers and the old price isn't zero.

5. Frequently Asked Questions (FAQ)

Q1: Should I use purchase price or estimated value?
A: You can use either. For investment tracking, purchase price is most common. For market analysis, use professional valuations at different times.

Q2: How often should I calculate price increases?
A: For long-term investments, annually is sufficient. In rapidly changing markets, quarterly calculations might be more informative.

Q3: Does this account for inflation?
A: No, this is the nominal increase. For real increase, you'd need to adjust prices for inflation before calculation.

Q4: What's a good percentage increase?
A: This varies by market and time period. Historically, UK property averages 3-5% annual increase, but this varies significantly by location.

Q5: Can I use this for other assets?
A: Yes, this formula works for calculating percentage increase of any asset or investment.