£333,333
This estimated value is based upon the latest sale price for the house of £325,000 on 27 Apr 2022. 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 |
|---|---|
| £325,000 | 27 Apr 2022 |
| £245,000 | 16 Jun 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £325,000 results in an estimated price of approximately £333,333.
| 27 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £325,000 | £8,333 | £333,333 |
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 | 15.882 % | £51,616 | £376,616 |
| 3 Month Average | -4.725 % | £-15,356 | £309,643 |
| 6 Month Average | -7.177 % | £-23,323 | £301,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £95,322 | £95,000 | FLAT 23 ANDRINGHAM LODGE, 51 PALACE GROVE |
| 28 Jul 2023 | £333,151 | £330,000 | FLAT 13 THE CLOCK HOUSE, 83 TWEEDY ROAD |
| 27 May 2022 | £385,734 | £380,000 | 9 CONSTABLE MEWS |
| 12 May 2022 | £81,207 | £80,000 | FLAT 1 ANDRINGHAM LODGE, 51 PALACE GROVE |
| 29 Apr 2022 | £314,872 | £307,000 | 16 CONSTABLE MEWS |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 11 Oct 2013. Using an estimated price of £333,333 means this house is valued at £6,535 per sq meter (£607 per sq foot).
The average size of a house on TWEEDY ROAD is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Drugs | Offender given penalty notice | On or near Newman Road |
| Apr 2024 | Anti-social behaviour | On or near Constable Mews | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Constable Mews |