£372,841
This estimated value is based upon the latest sale price for the house of £280,000 on 12 Jul 2016. 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 |
---|---|
£280,000 | 12 Jul 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £280,000 results in an estimated price of approximately £372,841.
12 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £280,000 | £92,841 | £372,841 |
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 | -8.577 % | £-24,015 | £255,984 |
3 Month Average | 14.506 % | £40,616 | £320,616 |
6 Month Average | 11.574 % | £32,408 | £312,408 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £597,234 | £590,000 | 20B PARK ROAD |
3 Mar 2023 | £116,094 | £115,000 | FLAT 9 KENDALL LODGE WILLOW TREE WALK |
4 Apr 2022 | £278,046 | £270,000 | FLAT 7 THE OLD COURTYARD, 36 PARK ROAD |
11 Mar 2022 | £846,626 | £817,000 | 62 PARK ROAD |
21 Jan 2022 | £589,348 | £560,000 | FLAT 1 BLOOMSBURY MANSIONS, 101 WIDMORE ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 5 May 2021. Using an estimated price of £372,841 means this house is valued at £7,609 per sq meter (£706 per sq foot).
The average size of a house on PARK ROAD is 95 sq meters (1,025 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Grove |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Esther Mews |
Jan 2024 | Vehicle crime | Under investigation | On or near Denmark Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
Jan 2024 | Burglary | Under investigation | On or near Park Road |