£511,541
This estimated value is based upon the latest sale price for the house of £387,750 on 26 Oct 2016. 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 |
|---|---|
| £387,750 | 26 Oct 2016 |
| £137,500 | 10 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 October 2016 the House Price Index for GREATER LONDON was 112.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £387,750 results in an estimated price of approximately £511,541.
| 26 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.0 | 31.926 % | £387,750 | £123,791 | £511,541 |
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 | -11.868 % | £-46,018 | £341,731 |
| 3 Month Average | 3.421 % | £13,264 | £401,014 |
| 6 Month Average | 1.598 % | £6,196 | £393,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jan 2023 | £408,413 | £412,000 | 26 HENVILLE ROAD |
| 3 May 2022 | £380,658 | £375,000 | FLAT 11 THE LAURELS, 1 HOMEFIELD ROAD |
| 5 Nov 2021 | £468,559 | £435,000 | FLAT 4 13 HOMEFIELD ROAD |
| 27 May 2021 | £1,012,928 | £900,000 | 14 UPPER PARK ROAD |
| 23 Oct 2020 | £899,627 | £770,000 | 20 HOMEFIELD ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 21 Jul 2016. Using an estimated price of £511,542 means this house is valued at £5,948 per sq meter (£552 per sq foot).
The average size of a house on HOMEFIELD ROAD is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Homefield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Homefield Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Homefield Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Homefield Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Henville Road |