£264,576
This estimated value is based upon the latest sale price for the house of £160,000 on 30 Aug 2013. 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 |
|---|---|
| £160,000 | 30 Aug 2013 |
| £146,900 | 18 Mar 2011 |
| £124,000 | 11 Apr 2003 |
| £74,000 | 9 Jan 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 355 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 August 2013 the House Price Index for GREATER LONDON was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £160,000 results in an estimated price of approximately £264,576.
| 30 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £160,000 | £104,576 | £264,576 |
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 | 126.438 % | £202,300 | £362,300 |
| 3 Month Average | 72.290 % | £115,663 | £275,663 |
| 6 Month Average | 56.001 % | £89,601 | £249,601 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £420,375 | £415,000 | 2 SINCLAIR COTTAGES |
| 28 Feb 2023 | £299,798 | £300,000 | 9 APOLLO AVENUE |
| 22 Jul 2022 | £541,458 | £540,000 | 29 RODWAY ROAD |
| 7 Jun 2022 | £426,021 | £420,000 | 42 PALACE ROAD |
| 25 Mar 2022 | £595,851 | £575,000 | 27B RODWAY ROAD |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 9 Jan 2014. Using an estimated price of £264,576 means this house is valued at £8,017 per sq meter (£744 per sq foot).
The average size of a house on HAWES ROAD is 127 sq meters (1,372 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Apollo Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Apollo Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Apollo Avenue |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Apollo Avenue |
| Jan 2024 | Anti-social behaviour | On or near Babbacombe Road |