£304,763
This estimated value is based upon the latest sale price for the house of £105,000 on 24 May 2002. 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 |
---|---|
£105,000 | 24 May 2002 |
£58,500 | 11 Sep 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 476 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 May 2002 the House Price Index for GREATER LONDON was 51.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 190.251%.Applying this 190.251% change to the original purchase price of £105,000 results in an estimated price of approximately £304,763.
24 May 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 148.0 | 190.251 % | £105,000 | £199,763 | £304,763 |
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 | 124.512 % | £130,738 | £235,738 |
3 Month Average | 179.509 % | £188,484 | £293,484 |
6 Month Average | 172.319 % | £180,934 | £285,934 |
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 44 sq meters or 476 sq feet when measured on 14 Jan 2011. Using an estimated price of £304,763 means this house is valued at £6,881 per sq meter (£639 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 |