£552,454
This estimated value is based upon the latest sale price for the house of £440,000 on 17 Nov 2017. 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 |
---|---|
£440,000 | 17 Nov 2017 |
£395,000 | 2 Jun 2014 |
£300,000 | 6 Sep 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 102 sq meters or 1,097 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 November 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.558%.Applying this 25.558% change to the original purchase price of £440,000 results in an estimated price of approximately £552,454.
17 Nov 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.0 | 25.558 % | £440,000 | £112,454 | £552,454 |
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 | 0.932 % | £4,100 | £444,100 |
3 Month Average | 25.035 % | £110,151 | £550,151 |
6 Month Average | 6.703 % | £29,491 | £469,491 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £316,351 | £314,000 | FLAT 1 5 UPPER PARK ROAD |
3 Mar 2023 | £338,832 | £337,000 | FLAT 8 5 UPPER PARK ROAD |
26 Jan 2023 | £322,170 | £325,000 | 28 BISHOPS GREEN |
26 Sep 2022 | £355,674 | £360,000 | FLAT 5 5 UPPER PARK ROAD |
16 Aug 2022 | £397,812 | £400,500 | 8 HENRY STREET |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 11 Dec 2012. Using an estimated price of £552,455 means this house is valued at £5,416 per sq meter (£503 per sq foot).
The average size of a house on UPPER PARK ROAD is 99 sq meters (1,069 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Harleyford |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Harleyford |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Freelands Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Freelands Road |
Feb 2024 | Vehicle crime | Under investigation | On or near Henville Road |