£555,689
This estimated value is based upon the latest sale price for the house of £450,000 on 6 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Sherman Road, Bromley, BR1 3JH
Phone: 02036417285
| Price Paid | Date |
|---|---|
| £450,000 | 6 Sep 2018 |
| £249,950 | 3 Sep 2009 |
| £245,000 | 4 May 2005 |
| £237,500 | 21 Oct 2003 |
| £237,500 | 21 Oct 2003 |
| £84,950 | 11 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 964 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 September 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £450,000 results in an estimated price of approximately £555,689.
| 6 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £450,000 | £105,689 | £555,689 |
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 | -11.988 % | £-53,947 | £396,052 |
| 3 Month Average | 13.425 % | £60,414 | £510,414 |
| 6 Month Average | 5.021 % | £22,595 | £472,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £369,727 | £365,000 | 13 PLYMOUTH ROAD |
| 30 Jun 2023 | £475,763 | £470,000 | 25 HENRY STREET |
| 24 Mar 2023 | £449,232 | £445,000 | 2 HANSOM TERRACE |
| 8 Feb 2023 | £464,687 | £465,000 | 13 HAXTED ROAD |
| 8 Jun 2022 | £387,476 | £382,000 | 6 HENRY STREET |
This house has a floor area of 89 sq meters or 964 sq feet when measured on 14 Aug 2009. Using an estimated price of £555,690 means this house is valued at £6,201 per sq meter (£576 per sq foot).
The average size of a house on FREELANDS GROVE is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Freelands Grove |
| Jan 2024 | Public order | Under investigation | On or near Haxted Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Henry Street |
| Feb 2024 | Vehicle crime | Under investigation | On or near Henry Street |
| Feb 2024 | Vehicle crime | Under investigation | On or near Henry Street |