Unsure how to add additional vlookup into sumifs formula

SMExcel

New Member
Joined
Jun 29, 2015
Messages
13
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.


Property NameTypePostcodeCost BaseAdjustment
Property 1House
3500​
200000​
7000​
Property 2Unit
3400​
300000​
3750​
Property 3House
3300​
400000​
32000​
Data - Increase in Market Value
TypePostcode# of SalesChange 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%​
 

Excel Facts

Excel Can Read to You
Customize Quick Access Toolbar. From All Commands, add Speak Cells or Speak Cells on Enter to QAT. Select cells. Press Speak Cells.
in cell A12 type =B12&"-"&C12
copy down to bottom of lookup data
in cell E3 type =IF(VLOOKUP(B3&"-"&C3,$A$11:$D$17,4,FALSE)<10,0,D3*SUMIFS($E$12:$E$17,$B$12:$B$17,B3,$C$12:$C$17,C3))
 
Upvote 0
i'm not sure how this can be integrated into the current formula.
You could have done so like this (without the helper column).

SMExcel 2020-07-01 1.xlsm
ABCDE
1Property NameTypePostcodeCost BaseAdjustment
2
3Property 1House35002000000
4Property 2Unit34003000003750
5Property 3House330040000032000
6
7
8Data - Increase in Market Value
9
10TypePostcode# of SalesChange in %
11
12House350083.50%
13Unit3500152.00%
14House3400124.00%
15Unit3400551.25%
16House3300308.00%
17Unit330061.00%
Sheet3
Cell Formulas
RangeFormula
E3:E5E3=D3*SUMIFS($E$12:$E$17,$B$12:$B$17,B3,$C$12:$C$17,C3)*(SUMIFS($D$12:$D$17,$B$12:$B$17,B3,$C$12:$C$17,C3)>10)
 
Upvote 0

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