£717,702
This estimated value is based upon the latest sale price for the house of £600,000 on 29 Sep 2020. 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 |
|---|---|
| £600,000 | 29 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 September 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £600,000 results in an estimated price of approximately £717,702.
| 29 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £600,000 | £117,702 | £717,702 |
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 | 17.979 % | £107,873 | £707,873 |
| 3 Month Average | 21.472 % | £128,834 | £728,834 |
| 6 Month Average | 9.694 % | £58,161 | £658,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £569,455 | £555,000 | 32A CRESCENT ROAD |
| 26 Oct 2022 | £658,301 | £660,500 | 13 RONALDS ROAD |
| 23 Aug 2022 | £984,604 | £980,000 | 40 CRESCENT ROAD |
| 28 Jul 2022 | £782,844 | £775,000 | 70 CRESCENT ROAD |
| 23 May 2022 | £898,405 | £875,000 | 4 ALDERMARY ROAD |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 16 Jun 2020. Using an estimated price of £717,703 means this house is valued at £4,630 per sq meter (£430 per sq foot).
The average size of a house on HOLLIGRAVE ROAD is 169 sq meters (1,820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Babbacombe Road |