1. What is Property Price Increase Calculation?

The property price increase calculation measures how much a property's value has changed between two points in time. It helps homeowners, investors, and analysts understand market trends by postcode area.

2. How Does the Calculator Work?

The calculator uses the simple formula:

And also calculates percentage increase:

Where:

• New Price — Current property value
• Old Price — Previous property value
• Postcode — Geographic identifier for market comparison

3. Importance of Tracking Price Increases

Details: Monitoring property price changes helps in making informed decisions about buying, selling, refinancing, or investing in real estate. Postcode-level analysis reveals localized market trends.

4. Using the Calculator

Tips: Enter the property postcode, old price and new price in any currency. The calculator will show both the absolute increase and percentage increase.

5. Frequently Asked Questions (FAQ)

Q1: How often should I check property price changes?
A: For homeowners, annually is sufficient. Investors may want quarterly or monthly tracking in active markets.

Q2: What's considered a good price increase?
A: Varies by market, but typically above inflation rate. Compare with similar properties in the same postcode.

Q3: Should I include renovations in the calculation?
A: For pure market comparison, use unimproved values. For ROI analysis, include renovation costs in old price.

Q4: How accurate are postcode-level comparisons?
A: Postcodes provide general trends. For precise valuation, consult a professional appraiser.

Q5: Can I compare different currencies?
A: Only if you convert to the same currency first. The calculator doesn't handle currency conversion.