£1,023,570
This estimated value is based upon the latest sale price for the house of £980,000 on 23 Feb 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 |
|---|---|
| £980,000 | 23 Feb 2022 |
| £445,000 | 28 May 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £980,000 results in an estimated price of approximately £1,023,570.
| 23 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £980,000 | £43,570 | £1,023,570 |
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 | -32.095 % | £-314,530 | £665,469 |
| 3 Month Average | 4.571 % | £44,796 | £1,024,796 |
| 6 Month Average | -6.141 % | £-60,177 | £919,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £630,109 | £625,000 | 15 GLEBE ROAD |
| 2 Mar 2023 | £573,098 | £570,000 | 23 GLEBE ROAD |
| 1 Mar 2023 | £749,049 | £745,000 | 5 GLEBE ROAD |
| 26 Oct 2022 | £650,826 | £660,500 | 13 RONALDS ROAD |
| 23 May 2022 | £888,203 | £875,000 | 4 ALDERMARY ROAD |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 25 Aug 2021. Using an estimated price of £1,023,571 means this house is valued at £5,815 per sq meter (£540 per sq foot).
The average size of a house on ALDERMARY ROAD is 110 sq meters (1,188 sq feet).
This house is the largest in the street with a floor area of 176 sq meters (1,894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Aldermary Road |
| Feb 2024 | Anti-social behaviour | On or near Aldermary Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ronalds Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ronalds Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |