£342,994
This estimated value is based upon the latest sale price for the house of £200,000 on 26 Nov 2010. 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 |
|---|---|
| £200,000 | 26 Nov 2010 |
| £213,000 | 6 Dec 2006 |
| £200,000 | 4 Dec 2006 |
| £170,000 | 14 Jul 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 716 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 2010 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £200,000 results in an estimated price of approximately £342,994.
| 26 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.497 % | £200,000 | £142,994 | £342,994 |
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 | 140.526 % | £281,051 | £481,051 |
| 3 Month Average | 77.983 % | £155,966 | £355,966 |
| 6 Month Average | 59.026 % | £118,052 | £318,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £340,858 | £336,500 | FLAT 3 UNO APARTMENTS, 1 SHERMAN ROAD |
| 18 Aug 2023 | £337,957 | £335,000 | FLAT 11 UNO APARTMENTS, 1 SHERMAN ROAD |
| 9 Aug 2023 | £348,045 | £345,000 | FLAT 2 UNO APARTMENTS, 1 SHERMAN ROAD |
| 31 Jul 2023 | £324,366 | £320,000 | FLAT 5 UNO APARTMENTS, 1 SHERMAN ROAD |
| 2 Feb 2023 | £449,697 | £450,000 | 10 SHERMAN ROAD |
This house has a floor area of 66 sq meters or 716 sq feet when measured on 8 Feb 2010. Using an estimated price of £342,995 means this house is valued at £5,154 per sq meter (£478 per sq foot).
The average size of a house on SHERMAN ROAD is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Apollo Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Apollo Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Apollo Avenue |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Apollo Avenue |
| Dec 2023 | Anti-social behaviour | On or near Palace Grove |