- Calculation formulas
- Real estate barometers
- Types of prices per m²
- Calculations and estimates
- Notary statistics
- Transaction prices in Aydat
- Evolution of ad prices
You would like to know the price of real estate in Aydat, here some figures but above all information, Resource, web tools and good internet addresses to help you better understand the Aydat real estate market. We will not only talk here about price per m² Aydat (Price per square meter (Prix M2 Aydat)), we will talk here about how you can (or should not) exploit these figures.
Formula for calculating the price per m²
To calculate the price per M2 of a property, the formula is very simple : Price m² = (Price of the property) / (Name of habitable m²) This is m2 Carrez Law, and not “m2 resistance” 😉
Non-habitable and/or uncovered outbuildings such as sheds are not included in this calculation., the garages, the lean-tos, garden sheds, basements and cellars, unfinished attics, The terraces, the balconies… Regarding verandas, if they cannot be inhabited all year round they are not counted, on the other hand if they can be inhabited all year round, they must be counted in the habitable surface area.
This calculation formula is only of interest if you have something concrete to compare to make a comparison., but here again we must only compare what is comparable : Price type, kind of good…
Real estate barometers : Platforms and portals…
By doing a quick search on the internet on the price of real estate in Aydat, you were able to find a plethora of sites, real estate platforms, real estate portals offering you real estate price barometers. More or less precise amounts, which vary enormously from one platform or portal to another (Results vary depending on the raw data used to perform the calculation and the calculation method (rarely made public)). Some of these amounts are averages calculated according to the latest sales. (Notaries) but sometimes worse : Calculated according to the prices of current advertisements on certain real estate portals. So if prices are almost always overvalued, (which is most of the time the case for goods published on these platforms, published here because they are lying around for sale) These figures ultimately no longer have any real meaning.…
Consider that these are variables that you can integrate into your data but see them as a tendency to interpret rather than a confidence value that you can use crudely to make a comparison..
The different types of price per square meter
There are several types of calculations and statistics, it is important to distinguish them clearly in order to better exploit them : Median price / Average price / Prix CVS.
What is the median price per M2 ?
The median price per m² indicates that 50% goods were sold at a higher price and 50% goods sold at a lower price, it is a median value which divides all real estate transactions into two equal parts. This is the middle of the market, this index is not influenced by the most extreme values… This median is the most relevant in markets subject to high price amplitudes.
What is the average price per M2 ?
The average price per m² corresponds to an average calculated on all prices per m² of goods sold over a given period. This is the value most commonly used by real estate portals, it gives a general and global idea of the state of the market in the sector.
What is the seasonally adjusted price per M2 ?
The price adjusted for seasonal variations per m² includes an automatic correction to eliminate seasonal effects. Real estate does not escape high and low seasons, the start of the September school year being the best example of the high season. CVS rates thus make it possible to smooth out prices over the year and give a better appreciation of the price per m2 of this real estate market..
The value per square meter is not enough to estimate a property
Be careful if you are selling a house, do not think that you can estimate its sale price simply by calculating the price per m2 (That you found here or there) multiplied by the number of habitable square meters. Estimating the price of a property takes into account many other criteria…
Real estate statistics : The notaries website
The figures issued by the chamber of notaries once again allow an estimate of the market. The calculations are made from the final sales prices of the latest transactions in the sector. These figures then make it possible to carry out a new calculation of the average price per m² but not only… Go to the site Real Estate Statistics Notaries. The calculations are carried out on a defined number of sales and an observation period, you will find a low price, a median price a high price by municipality and type of property. Over a defined period it is thus possible to have a trend in prices per square meter, this in a defined sector (micro market).
Map of latest real estate sales (Government site)
Small revolution in the real estate market, Since 2019 you have access to the sale price of all French transactions, an official government resource, produced by the General Directorate of Public Finances. The site in question Etalab publicly and free list of all the latest real estate transactions. So you select the department “Puy de Dome”, the municipality “Aydat”, at the cadastral section, then the plot and you will get the sale price, the date of sale, the living area, as well as the associated land area… It's completely free (unlike certain sites or mobile applications which exploit this data and sell it to you). If each good is different, it is still a tool that allows us to list excellent indicators on this micro sector market. For the owner (or the simple curious), you have an overview of the prices charged in the sector, whether you plan to sell or not. For the buyer, this allows you to compare prices for similar goods sold, sometimes even with a little luck you will have access to the price for which the owner bought the house. If you are in the position of seller, you will be able to estimate a price range, evaluate the market in relation to sales over the last few months… This tool also allows you to see the evolution of the market over time., upwards or downwards (Until 5 years of experience).
Please note you only have access to numbers, this tool does not detail the condition of the property, its renovation needs, the work carried out, in progress or to be done, the materials used, the standing of the property, difficult therefore without knowing all the characteristics to make comparisons.
Evolution of the price of current advertisements
Another web tool, very practical too : Beaver. Castorus allows you to follow the evolution of the price of a property for sale since it was put online on real estate advertising platforms.. You will be able to view a graph showing you the decreasing curve of the price month after month… The table tells you the date since which the ad was recorded, the main characteristics of the house, the evolution of the price in %, the current price/m2, and the number of cumulative days since the ad was detected… Please note that if the ad was deleted and then put back, the countdown of days starts from zero. A good present on Beaver for several weeks/months and sometimes years, it is each time the illustration of a bad estimate and an overvalued property. Now is the time to attempt a major negotiation of the sale price..