£443,060
This estimated value is based upon the latest sale price for the house of £240,000 on 10 Jun 2005. 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 |
|---|---|
| £240,000 | 10 Jun 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 2005 the House Price Index for GREATER LONDON was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £240,000 results in an estimated price of approximately £443,060.
| 10 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.608 % | £240,000 | £203,060 | £443,060 |
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 | 182.761 % | £438,625 | £678,625 |
| 3 Month Average | 115.656 % | £277,575 | £517,575 |
| 6 Month Average | 98.827 % | £237,185 | £477,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £317,418 | £314,000 | FLAT 1 5 UPPER PARK ROAD |
| 24 Mar 2023 | £449,232 | £445,000 | 2 HANSOM TERRACE |
| 3 Mar 2023 | £340,205 | £337,000 | FLAT 8 5 UPPER PARK ROAD |
| 26 Sep 2022 | £357,116 | £360,000 | FLAT 5 5 UPPER PARK ROAD |
| 16 Aug 2022 | £399,425 | £400,500 | 8 HENRY STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 18 Aug 2020. Using an estimated price of £443,060 means this house is valued at £5,829 per sq meter (£541 per sq foot).
The average size of a house on FREELANDS ROAD is 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Esther Mews |