£353,039
This estimated value is based upon the latest sale price for the house of £283,500 on 13 May 2019. 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 |
---|---|
£283,500 | 13 May 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £283,500 results in an estimated price of approximately £353,039.
13 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £283,500 | £69,539 | £353,039 |
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 | 5.840 % | £16,555 | £300,055 |
3 Month Average | 49.248 % | £139,617 | £423,117 |
6 Month Average | 23.209 % | £65,797 | £349,297 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Oct 2022 | £658,301 | £660,500 | 13 RONALDS ROAD |
11 Jan 2022 | £402,875 | £380,000 | 43B GLEBE ROAD |
14 Oct 2021 | £741,255 | £665,000 | 26 BABBACOMBE ROAD |
14 Oct 2020 | £782,920 | £662,500 | 38 BABBACOMBE ROAD |
29 Sep 2020 | £717,703 | £600,000 | 7 HOLLIGRAVE ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 19 Mar 2015. Using an estimated price of £353,039 means this house is valued at £7,060 per sq meter (£655 per sq foot).
The average size of a house on BABBACOMBE ROAD is 99 sq meters (1,066 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Northside Road | |
Apr 2024 | Anti-social behaviour | On or near Northside Road | |
Apr 2024 | Anti-social behaviour | On or near Northside Road | |
Apr 2024 | Anti-social behaviour | On or near Northside Road | |
Apr 2024 | Anti-social behaviour | On or near Sherman Road |