£500,459
This estimated value is based upon the latest sale price for the house of £269,995 on 18 Apr 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
1 Sherman Road, Bromley, BR1 3JH
Phone: 02036417285
| Price Paid | Date |
|---|---|
| £269,995 | 18 Apr 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 April 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 85.359%.Applying this 85.359% change to the original purchase price of £269,995 results in an estimated price of approximately £500,459.
| 18 Apr 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.0 | 85.359 % | £269,995 | £230,464 | £500,459 |
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 | 67.503 % | £182,255 | £452,250 |
| 3 Month Average | 101.477 % | £273,981 | £543,976 |
| 6 Month Average | 92.230 % | £249,015 | £519,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £1,129,774 | £1,108,400 | 65 FREELANDS ROAD |
| 6 Apr 2023 | £316,351 | £314,000 | FLAT 1 5 UPPER PARK ROAD |
| 4 Apr 2023 | £230,916 | £229,200 | 39 FREELANDS ROAD |
| 24 Mar 2023 | £447,418 | £445,000 | 2 HANSOM TERRACE |
| 3 Mar 2023 | £338,832 | £337,000 | FLAT 8 5 UPPER PARK ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 Aug 2013. Using an estimated price of £500,459 means this house is valued at £6,672 per sq meter (£619 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 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Freelands Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Freelands Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Freelands Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Freelands Road |