£593,444
This estimated value is based upon the latest sale price for the house of £575,000 on 25 Mar 2022. 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 Horsley Road
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1 Sherman Road, Bromley, BR1 3JH
Phone: 02036417285
| Price Paid | Date |
|---|---|
| £575,000 | 25 Mar 2022 |
| £265,500 | 31 Mar 2008 |
| £190,000 | 6 Jan 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 103 sq meters or 1,108 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £575,000 results in an estimated price of approximately £593,444.
| 25 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £575,000 | £18,444 | £593,444 |
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 | -22.437 % | £-129,011 | £445,988 |
| 3 Month Average | -7.428 % | £-42,708 | £532,291 |
| 6 Month Average | -8.430 % | £-48,474 | £526,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £449,017 | £447,500 | 56 PALACE ROAD |
| 19 Dec 2023 | £509,642 | £500,000 | 6 HORSLEY ROAD |
| 28 Feb 2023 | £298,588 | £300,000 | 9 APOLLO AVENUE |
| 22 Jul 2022 | £539,271 | £540,000 | 29 RODWAY ROAD |
| 7 Jun 2022 | £424,300 | £420,000 | 42 PALACE ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 7 Jun 2018. Using an estimated price of £593,445 means this house is valued at £5,761 per sq meter (£535 per sq foot).
The average size of a house on RODWAY ROAD is 127 sq meters (1,369 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Horsley Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Apollo Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Apollo Avenue |
| Feb 2024 | Burglary | Under investigation | On or near Apollo Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Apollo Avenue |