UK Property Value Calculator
HM Land Registry has collected and published UK property sales and a regional House Price Index since the late 1990s.
Enter a postcode (e.g. L31 9DS) to estimate property values. You can use the Royal Mail's Postcode Finder to find the postcode of any address.
Postcode summary
£ ± £0
L31 9DS
Property | Street | Date Sold | Sale Price | Current Estimate | Lower Estimate | Upper Estimate |
|---|
Regional price changes
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Frequently Asked Questions
The Varbes UK Property Value Calculator works by finding all the properties in a UK postcode, then for each property taking the most recent sale using HM Land Registry data, and adjusting the sale price up or down depending on recent house price growth in that area and how long ago the last sale occurred.
We use HM Land Registry data for historic property sale data and also for house price index movements (which is also based on property sale data).
As an example – imagine a property last sold for £200,000 five years ago in Manchester. We see what the Land Registry House Price Index for Manchester has been for the past five years, and if properties have gone up 20% in value, we increase the £200,000 by 20% to an estimated current valuation of £240,000 and then add error bands to find a range where the value will likely be (assumes no changes to the house's fixtures and fittings since the last sale).
The current estimate value for a property is calculated by starting with the most recent sale price and then adjusting it for any changes in the area's house prices between the sale date and today.
The minimum and maximum error bands are then calculated as 10% of any changes in valuation due to movements in house price indexes plus 2.5% of the final estimate. This means that properties that were sold more recently will have smaller error bands than those sold a long time ago.
Remember any changes made to a property's fixtures and fittings since the last sale will not be reflected in the estimate.
Anyone can use our property value calculator to find an estimate of property values in a UK postcode.
If you are thinking about investing in a Buy-to-Let property, try the postcode of a property you are considering to get a feel for house prices in the area. Remember that a more recent sale is likely to better reflect property values as they rely less on house price indexing to arrive at a current valuation.
If you are interested in knowing what properties are worth in your area, remember that any building or renovation work done to a property since its last sale will not be taken account of in the value estimate – you will need to adjust for this yourself.
The UK Property Value Calculator provides an estimate of current values for house prices, but what will they be worth in 10 years’ time?
Nobody can say for definite what the value of property will be in 10 years, but we can look at historic house prices and make estimates based on the latest trends.
Across the UK, average property prices have increased in the past 10 years:
- 2010: £167,469
- 2015: £190,665
- 2020: £239,927
Were this trend to continue we would see a 40% increase in property prices in the next 10 years. Though remember many things impact house prices, and nobody can predict for certain what the economy and property market might look like in the future.
House prices have outstripped wages in terms of growth, and logically that trend cannot continue forever as at some point most people will not be able to source mortgages because of income multiple requirements.
Remember that property prices vary by region. Areas such as London, for example, have experienced exceptionally large increases in house prices in the past 20 years, but are now slowing relative to the rest of the country. Our house value calculator shows a graph of the local House Price Index for a postcode area, which you can use to understand local growth rate trends.
HM Land Registry records the true sale price for UK properties and makes the data available back to the late 1990s.
There is no estimation involved - it is based on real transactions, and all sales in the UK are recorded, which makes it useful for estimating current property values.
One downside of HM Land Registry data is that there is a time delay between property sales and the data being made publicly available, which is normally around three months.
Some mortgage lenders publish more up-to-date house price indexes which you could use to adjust our valuations. Remember that lenders only have access to the data for their customers so make sure the sample size is big enough to be representative of general movements in house prices.
HM Land Registry House Price Index is used to adjust historic sale prices to current valuations because is is based on real property sale data, and can be accessed at an Area level which allows for more accurate estimates. We present a plot of Area price trends compared to the rest of the country, so you can see if growth has been higher or lower than the average.
To estimate the value of your property, enter your UK postcode into the property value calculator.
Locate your property within the output table to find your current valuation estimate and error bands that show a minimum and maximum valuation.
Remember if you have had any work done to the property since it was last sold, you need to adjust the valuation to reflect it.
If you cannot see your property listed, it may be because it was sold to you before the published Land Registry records begin. In this case, use similar properties within your postcode to estimate your home's current valuation.