Hi All,
I am currently calculating the adjustment for change in % for value of property based on postcode and whether its a house or unit. The formula I currently have for the values in Adjustment column below are:
=D3*SUMIFS($E$12:$E$17,$B$12:$B$17,B3,$C$12:$C$17,C3)
=D4*SUMIFS($E$12:$E$17,$B$12:$B$17,B4,$C$12:$C$17,C4)
=D5*SUMIFS($E$12:$E$17,$B$12:$B$17,B5,$C$12:$C$17,C5)
I am now trying to integrate an additional check in place so that there must be > 10 sales in order for the change in % to apply. For example, E3 should be 0, as there were only 8 sales for a house for post code 3500.
My thought process is that an additional vlookup is required to search for the type and postcode against whether there were > 10 sales, but i'm not sure how this can be integrated into the current formula.
Any comments would be greatly appreciated.
I am currently calculating the adjustment for change in % for value of property based on postcode and whether its a house or unit. The formula I currently have for the values in Adjustment column below are:
=D3*SUMIFS($E$12:$E$17,$B$12:$B$17,B3,$C$12:$C$17,C3)
=D4*SUMIFS($E$12:$E$17,$B$12:$B$17,B4,$C$12:$C$17,C4)
=D5*SUMIFS($E$12:$E$17,$B$12:$B$17,B5,$C$12:$C$17,C5)
I am now trying to integrate an additional check in place so that there must be > 10 sales in order for the change in % to apply. For example, E3 should be 0, as there were only 8 sales for a house for post code 3500.
My thought process is that an additional vlookup is required to search for the type and postcode against whether there were > 10 sales, but i'm not sure how this can be integrated into the current formula.
Any comments would be greatly appreciated.
Property Name | Type | Postcode | Cost Base | Adjustment |
Property 1 | House | 3500 | 200000 | 7000 |
Property 2 | Unit | 3400 | 300000 | 3750 |
Property 3 | House | 3300 | 400000 | 32000 |
Data - Increase in Market Value | ||||
Type | Postcode | # of Sales | Change in % | |
House | 3500 | 8 | 3.50% | |
Unit | 3500 | 15 | 2.00% | |
House | 3400 | 12 | 4.00% | |
Unit | 3400 | 55 | 1.25% | |
House | 3300 | 30 | 8.00% | |
Unit | 3300 | 6 | 1.00% |