£1,046,533
This estimated value is based upon the latest sale price for the house of £620,000 on 26 Feb 2013. 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 |
|---|---|
| £620,000 | 26 Feb 2013 |
| 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 February 2013 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £620,000 results in an estimated price of approximately £1,046,533.
| 26 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £620,000 | £426,533 | £1,046,533 |
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 | 145.074 % | £899,459 | £1,519,459 |
| 3 Month Average | 76.959 % | £477,144 | £1,097,144 |
| 6 Month Average | 59.812 % | £370,832 | £990,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £369,727 | £365,000 | 13 PLYMOUTH ROAD |
| 24 Mar 2023 | £449,232 | £445,000 | 2 HANSOM TERRACE |
| 8 Feb 2023 | £464,687 | £465,000 | 13 HAXTED ROAD |
| 22 Apr 2022 | £437,665 | £425,000 | 24 PLYMOUTH ROAD |
| 10 Dec 2021 | £589,257 | £550,000 | 4 FREELANDS GROVE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 28 Sep 2012. Using an estimated price of £1,046,534 means this house is valued at £6,500 per sq meter (£603 per sq foot).
The average size of a house on PARK GROVE is 119 sq meters (1,282 sq feet).
This house is the largest in the street with a floor area of 161 sq meters (1,732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Grove |
| Jan 2024 | Public order | Under investigation | On or near Haxted Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Haxted Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Freelands Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Old Courtyard |