£654,902
This estimated value is based upon the latest sale price for the house of £387,000 on 7 Nov 2012. 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 |
|---|---|
| £387,000 | 7 Nov 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 108 sq meters or 1,162 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 2012 the House Price Index for GREATER LONDON was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £387,000 results in an estimated price of approximately £654,902.
| 7 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £387,000 | £267,902 | £654,902 |
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 | 124.158 % | £480,492 | £867,492 |
| 3 Month Average | 75.699 % | £292,955 | £679,955 |
| 6 Month Average | 57.142 % | £221,140 | £608,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £116,728 | £115,000 | FLAT 9 WOODVALE COURT WIDMORE ROAD |
| 21 Apr 2023 | £227,449 | £225,000 | FLAT 3 WOODVALE COURT WIDMORE ROAD |
| 30 May 2022 | £315,953 | £310,000 | FLAT 16 THE OLD COURTYARD, 36 PARK ROAD |
| 17 May 2022 | £1,304,582 | £1,280,000 | 70 WIDMORE ROAD |
| 22 Apr 2022 | £944,326 | £917,000 | 35 HARWOOD AVENUE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 22 Apr 2011. Using an estimated price of £654,903 means this house is valued at £6,063 per sq meter (£563 per sq foot).
The average size of a house on WIDMORE ROAD is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Widmore Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Denmark Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
| Jan 2024 | Burglary | Under investigation | On or near Park Road |