£296,822
This estimated value is based upon the latest sale price for the house of £160,500 on 26 May 2005. 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 |
---|---|
£160,500 | 26 May 2005 |
£114,000 | 5 Oct 2000 |
Semi-Detached |
Leasehold |
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 May 2005 the House Price Index for GREATER LONDON was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £160,500 results in an estimated price of approximately £296,822.
26 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 148.6 | 84.936 % | £160,500 | £136,322 | £296,822 |
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 | 205.774 % | £330,266 | £490,766 |
3 Month Average | 116.570 % | £187,095 | £347,595 |
6 Month Average | 99.368 % | £159,484 | £319,984 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £96,230 | £95,000 | FLAT 18 ANDRINGHAM LODGE, 51 PALACE GROVE |
28 Jul 2023 | £243,274 | £240,000 | 37 PALACE GROVE |
6 Jan 2023 | £432,961 | £435,000 | 22 PALACE ROAD |
12 May 2022 | £81,536 | £80,000 | FLAT 1 ANDRINGHAM LODGE, 51 PALACE GROVE |
22 Apr 2022 | £288,344 | £280,000 | FLAT 3 11 PALACE GROVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palace Grove |
Dec 2023 | Anti-social behaviour | On or near Palace Grove | |
Dec 2023 | Anti-social behaviour | On or near Palace Grove | |
Dec 2023 | Anti-social behaviour | On or near Palace Grove | |
Dec 2023 | Anti-social behaviour | On or near Palace Grove |