£1,111,035
This estimated value is based upon the latest sale price for the house of £775,000 on 6 Jul 2015. 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 |
|---|---|
| £775,000 | 6 Jul 2015 |
| £550,000 | 1 Oct 2010 |
| £205,500 | 9 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 July 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 43.359%.Applying this 43.359% change to the original purchase price of £775,000 results in an estimated price of approximately £1,111,035.
| 6 Jul 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.0 | 43.359 % | £775,000 | £336,035 | £1,111,035 |
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 | 6.405 % | £49,642 | £824,642 |
| 3 Month Average | 14.094 % | £109,230 | £884,230 |
| 6 Month Average | 24.280 % | £188,167 | £963,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 20 Apr 2022 | £437,949 | £427,000 | 24A CRESCENT ROAD |
| 23 Feb 2022 | £1,023,571 | £980,000 | 17 ALDERMARY ROAD |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 19 Feb 2010. Using an estimated price of £1,111,036 means this house is valued at £6,900 per sq meter (£641 per sq foot).
The average size of a house on ALDERMARY ROAD is 110 sq meters (1,188 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 |