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.
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How do I use the £/sqft calculator?
To learn how to calculate the Price/sqft for an area based on comparable sites, click here.