£426,899
This estimated value is based upon the latest sale price for the house of £350,000 on 10 Jan 2020. 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 |
---|---|
£350,000 | 10 Jan 2020 |
£184,000 | 2 Sep 2005 |
£157,750 | 6 Jan 2003 |
Terraced |
Freehold |
Floor Area: 50 sq meters or 538 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £350,000 results in an estimated price of approximately £426,899.
10 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £350,000 | £76,899 | £426,899 |
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 | 48.633 % | £170,214 | £520,214 |
3 Month Average | 11.524 % | £40,335 | £390,335 |
6 Month Average | 5.773 % | £20,206 | £370,206 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £436,462 | £430,000 | 31 WHARTON ROAD |
17 Nov 2023 | £289,283 | £285,000 | 28 WHARTON ROAD |
18 Sep 2023 | £453,802 | £448,000 | 4 WHARTON ROAD |
8 Feb 2023 | £464,687 | £465,000 | 13 HAXTED ROAD |
20 May 2022 | £392,394 | £385,000 | 68 WHARTON ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 29 Jul 2019. Using an estimated price of £426,900 means this house is valued at £8,538 per sq meter (£793 per sq foot).
The average size of a house on NORTH ROAD is 63 sq meters (687 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near North Road |
Jan 2024 | Public order | Under investigation | On or near Haxted Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Haxted Road |
Jan 2024 | Drugs | Under investigation | On or near Rodway Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rodway Road |