£409,051
This estimated value is based upon the latest sale price for the house of £250,000 on 16 Oct 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Park Road
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1 Sherman Road, Bromley, BR1 3JH
Phone: 02036417285
Price Paid | Date |
---|---|
£250,000 | 16 Oct 2013 |
£174,000 | 28 Nov 2003 |
£124,500 | 12 Apr 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 October 2013 the House Price Index for GREATER LONDON was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £250,000 results in an estimated price of approximately £409,051.
16 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 148.6 | 63.621 % | £250,000 | £159,051 | £409,051 |
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 | 33.771 % | £84,427 | £334,427 |
3 Month Average | 54.362 % | £135,904 | £385,904 |
6 Month Average | 48.789 % | £121,971 | £371,971 |
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 60 sq meters or 645 sq feet when measured on 6 Jun 2013. Using an estimated price of £409,051 means this house is valued at £6,817 per sq meter (£633 per sq foot).
The average size of a house on PARK ROAD is 95 sq meters (1,025 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Park Road |
Feb 2024 | Burglary | Under investigation | On or near Park Road |
Jan 2024 | Burglary | Under investigation | On or near Park Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Denmark Road |