£397,812
This estimated value is based upon the latest sale price for the house of £400,500 on 16 Aug 2022. 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 |
|---|---|
| £400,500 | 16 Aug 2022 |
| £400,500 | 16 Aug 2022 |
| £325,000 | 17 Dec 2015 |
| £184,995 | 17 Mar 2006 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 August 2022 the House Price Index for GREATER LONDON was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £400,500 results in an estimated price of approximately £397,812.
| 16 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £400,500 | £-2,687 | £397,812 |
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 | 4.917 % | £19,690 | £420,190 |
| 3 Month Average | 3.905 % | £15,639 | £416,139 |
| 6 Month Average | -5.374 % | £-21,523 | £378,976 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £1,129,774 | £1,108,400 | 65 FREELANDS ROAD |
| 30 Jun 2023 | £473,842 | £470,000 | 25 HENRY STREET |
| 6 Apr 2023 | £316,351 | £314,000 | FLAT 1 5 UPPER PARK ROAD |
| 4 Apr 2023 | £230,916 | £229,200 | 39 FREELANDS ROAD |
| 3 Mar 2023 | £338,832 | £337,000 | FLAT 8 5 UPPER PARK ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 30 Sep 2021. Using an estimated price of £397,812 means this house is valued at £6,979 per sq meter (£648 per sq foot).
The average size of a house on HENRY STREET is 62 sq meters (673 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Henry Street |
| Feb 2024 | Vehicle crime | Under investigation | On or near Henry Street |
| Feb 2024 | Vehicle crime | Under investigation | On or near Henry Street |
| Feb 2024 | Drugs | Under investigation | On or near Henry Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Henry Street |