£343,532
This estimated value is based upon the latest sale price for the house of £272,500 on 29 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Park Road
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1 Sherman Road, Bromley, BR1 3JH
Phone: 02036417285
| Price Paid | Date |
|---|---|
| £272,500 | 29 Nov 2017 |
| £272,500 | 29 Nov 2017 |
| £187,000 | 14 Dec 2006 |
| £116,500 | 28 Jul 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in November 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £272,500 results in an estimated price of approximately £343,532.
| 29 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £272,500 | £71,032 | £343,532 |
The Postcode Pricing Model uses changes in average sales price within the BR1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 0.932 % | £2,539 | £275,039 |
| 3 Month Average | 25.035 % | £68,219 | £340,719 |
| 6 Month Average | 6.703 % | £18,264 | £290,764 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £395,051 | £390,000 | 14 PALACE ROAD |
| 25 Sep 2023 | £440,634 | £435,000 | 73 PALACE ROAD |
| 30 May 2022 | £315,953 | £310,000 | FLAT 16 THE OLD COURTYARD, 36 PARK ROAD |
| 17 May 2022 | £1,304,582 | £1,280,000 | 70 WIDMORE ROAD |
| 12 May 2022 | £428,066 | £420,000 | 21 PALACE ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 14 Nov 2016. Using an estimated price of £343,532 means this house is valued at £6,481 per sq meter (£602 per sq foot).
The average size of a house on PARK ROAD is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Park Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Denmark Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Widmore Road |