£1,112,683
This estimated value is based upon the latest sale price for the house of £990,000 on 24 Jun 2021. 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 |
---|---|
£990,000 | 24 Jun 2021 |
£610,000 | 14 Dec 2011 |
£485,000 | 1 Aug 2005 |
Semi-Detached |
Freehold |
Floor Area: 162 sq meters or 1,748 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 June 2021 the House Price Index for GREATER LONDON was 92.8.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 12.392%.Applying this 12.392% change to the original purchase price of £990,000 results in an estimated price of approximately £1,112,683.
24 Jun 2021 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.8 | 104.3 | 12.392 % | £990,000 | £122,683 | £1,112,683 |
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 | -12.802 % | £-126,736 | £863,263 |
3 Month Average | -9.030 % | £-89,396 | £900,603 |
6 Month Average | -3.232 % | £-31,999 | £958,000 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Feb 2025 | £253,895 | £250,000 | FLAT 38 THE OASIS, 124 WIDMORE ROAD |
12 Feb 2025 | £238,661 | £235,000 | FLAT 37 THE OASIS, 124 WIDMORE ROAD |
20 Dec 2024 | £309,496 | £300,000 | FLAT 24 THE LAURELS, 1 HOMEFIELD ROAD |
19 Sep 2024 | £262,324 | £250,000 | FLAT 54 THE OASIS, 124 WIDMORE ROAD |
29 Aug 2024 | £1,071,360 | £1,020,000 | 24 SOUTH VIEW |
This house has a floor area of 162 sq meters or 1,748 sq feet when measured on 19 Nov 2010. Using an estimated price of £1,112,683 means this house is valued at £6,851 per sq meter (£636 per sq foot).
The average size of a house on SOUTH VIEW is 206 sq meters (2,224 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Widmore Road |
Apr 2025 | Violence and sexual offences | Under investigation | On or near Homefield Road |
Apr 2025 | Violence and sexual offences | Under investigation | On or near Homefield Road |
Mar 2025 | Public order | Under investigation | On or near Homefield Road |
Jan 2025 | Violence and sexual offences | Under investigation | On or near Homefield Road |