£350,417
This estimated value is based upon the latest sale price for the house of £354,000 on 29 Jul 2022. 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 |
|---|---|
| £354,000 | 29 Jul 2022 |
| £350,000 | 10 Apr 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.012%.Applying this -1.012% change to the original purchase price of £354,000 results in an estimated price of approximately £350,417.
| 29 Jul 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 146.7 | -1.012 % | £354,000 | £-3,582 | £350,417 |
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 | 32.596 % | £115,388 | £469,388 |
| 3 Month Average | 7.175 % | £25,400 | £379,400 |
| 6 Month Average | -6.655 % | £-23,557 | £330,442 |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 13 Jun 2016.
The average size of a house on WIDMORE ROAD is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Homefield Road |
| Dec 2023 | Drugs | Under investigation | On or near Homefield Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Widmore Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Esther Mews |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Homefield Road |