£1,118,254
This estimated value is based upon the latest sale price for the house of £900,000 on 31 Jul 2019. 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 |
|---|---|
| £900,000 | 31 Jul 2019 |
| £200,000 | 12 Nov 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £900,000 results in an estimated price of approximately £1,118,254.
| 31 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £900,000 | £218,254 | £1,118,254 |
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 | -9.172 % | £-82,548 | £817,451 |
| 3 Month Average | 23.806 % | £214,256 | £1,114,256 |
| 6 Month Average | 20.984 % | £188,856 | £1,088,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £657,096 | £647,000 | 63 RODWAY ROAD |
| 13 Oct 2023 | £1,197,191 | £1,170,000 | 33 HAWES ROAD |
| 22 Sep 2023 | £373,227 | £365,000 | 13 PLYMOUTH ROAD |
| 30 Jun 2023 | £479,611 | £470,000 | 25 HENRY STREET |
| 8 Jun 2022 | £390,344 | £382,000 | 6 HENRY STREET |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 3 Sep 2018. Using an estimated price of £1,118,254 means this house is valued at £7,875 per sq meter (£731 per sq foot).
The average size of a house on HAWES ROAD is 127 sq meters (1,372 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Henry Street |
| Apr 2024 | Burglary | Under investigation | On or near Rodway Road |