The £/sqft tool lets you calculate the Sold Price/sqft and Market Value/sqft for any area. To learn how to best use this feature click here.
Data Sources
- We get the sale price for sites straight from Land Registry
- We then calculate the market value of a site by combining the Land Registry sale price with the UK House Price Index – an index that combines local authority and property type data to estimate price changes. We update our data as soon as it's released by Land Registry (usually monthly).
- The floor area of a property for the square footage (sqft) is based on Energy Performance Certificate (EPC) data.
Formula:
Price Sold / sqft = Sold price as per Land Registry/ Area as per EPC
Market Value/ sqft = Market Value (Indexed Sold Price)/ Area as per EPC
The £/sqft calculator is exclusive to our Unlimited Plan users. Want to get started with Unlimited? Click here.
Things you might be interested in:
How do I use the £/sqft calculator?
To learn how to calculate the Price/sqft for an area based on comparable sites, click here.