£1,083,961
This estimated value is based upon the latest sale price for the house of £810,000 on 9 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Rodway Road
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1 Sherman Road, Bromley, BR1 3JH
Phone: 02036417285
Price Paid | Date |
---|---|
£810,000 | 9 Sep 2016 |
£500,000 | 18 Feb 2012 |
Semi-Detached |
Freehold |
Floor Area: 150 sq meters or 1,614 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 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £810,000 results in an estimated price of approximately £1,083,961.
9 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £810,000 | £273,961 | £1,083,961 |
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 | -6.890 % | £-55,808 | £754,191 |
3 Month Average | 22.938 % | £185,797 | £995,797 |
6 Month Average | 19.661 % | £159,252 | £969,252 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £391,949 | £382,000 | 16 FREELANDS GROVE |
13 Oct 2023 | £1,197,191 | £1,170,000 | 33 HAWES ROAD |
8 Feb 2023 | £468,127 | £465,000 | 13 HAXTED ROAD |
19 Apr 2022 | £342,349 | £330,000 | 21 NORTH ROAD |
4 Feb 2022 | £1,848,800 | £1,750,000 | 32 RODWAY ROAD |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 24 Oct 2014. Using an estimated price of £1,083,962 means this house is valued at £7,226 per sq meter (£671 per sq foot).
The average size of a house on HAWES ROAD is 127 sq meters (1,372 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Rodway Road |