£283,605
This estimated value is based upon the latest sale price for the house of £74,950 on 5 Apr 2000. 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 |
---|---|
£74,950 | 5 Apr 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 489 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 2000 the House Price Index for GREATER LONDON was 39.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 278.392%.Applying this 278.392% change to the original purchase price of £74,950 results in an estimated price of approximately £283,605.
5 Apr 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.1 | 148.0 | 278.392 % | £74,950 | £208,655 | £283,605 |
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 | 194.482 % | £145,764 | £220,714 |
3 Month Average | 249.575 % | £187,056 | £262,006 |
6 Month Average | 242.342 % | £181,635 | £256,585 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £594,823 | £590,000 | 20B PARK ROAD |
3 Mar 2023 | £115,625 | £115,000 | FLAT 9 KENDALL LODGE WILLOW TREE WALK |
6 Apr 2022 | £121,538 | £118,500 | FLAT 12 KENDALL LODGE WILLOW TREE WALK |
4 Apr 2022 | £276,923 | £270,000 | FLAT 7 THE OLD COURTYARD, 36 PARK ROAD |
11 Mar 2022 | £843,208 | £817,000 | 62 PARK ROAD |
This house has a floor area of 45 sq meters or 489 sq feet when measured on 10 Oct 2008. Using an estimated price of £283,605 means this house is valued at £6,241 per sq meter (£579 per sq foot).
The average size of a house on WIDMORE ROAD is 70 sq meters (762 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near A222 |
Feb 2024 | Violence and sexual offences | Under investigation | On or near A222 |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Esther Mews |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Denmark Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Denmark Road |