£1,060,027
This estimated value is based upon the latest sale price for the house of £1,050,000 on 7 Jul 2023. 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 |
---|---|
£1,050,000 | 7 Jul 2023 |
£275,000 | 29 Oct 1999 |
Semi-Detached |
Freehold |
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 2023 the House Price Index for GREATER LONDON was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,060,027.
7 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.6 | 148.0 | 0.955 % | £1,050,000 | £10,027 | £1,060,027 |
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 | -39.346 % | £-413,128 | £636,871 |
3 Month Average | -7.924 % | £-83,199 | £966,800 |
6 Month Average | -6.479 % | £-68,031 | £981,968 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £386,968 | £382,000 | 16 FREELANDS GROVE |
7 Jul 2023 | £1,060,027 | £1,050,000 | 21 HAWES ROAD |
19 Apr 2022 | £338,462 | £330,000 | 21 NORTH ROAD |
4 Feb 2022 | £1,827,805 | £1,750,000 | 32 RODWAY ROAD |
10 Dec 2021 | £586,878 | £550,000 | 4 FREELANDS GROVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Hawes Road |
Feb 2024 | Anti-social behaviour | On or near Hawes Road | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hawes Road |
Apr 2024 | Burglary | Under investigation | On or near Rodway Road |
Mar 2024 | Theft from the person | Under investigation | On or near Rodway Road |