£1,067,751
This estimated value is based upon the latest sale price for the house of £965,000 on 22 Oct 2021. 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 |
---|---|
£965,000 | 22 Oct 2021 |
Detached |
Freehold |
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 October 2021 the House Price Index for GREATER LONDON was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £965,000 results in an estimated price of approximately £1,067,751.
22 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.6 | 10.648 % | £965,000 | £102,751 | £1,067,751 |
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 | -16.652 % | £-160,694 | £804,305 |
3 Month Average | 3.657 % | £35,287 | £1,000,287 |
6 Month Average | -10.273 % | £-99,132 | £865,867 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £830,000 | £830,000 | 35 ROCHESTER AVENUE |
21 Jun 2023 | £268,249 | £265,000 | FLAT 53 THE OASIS, 124 WIDMORE ROAD |
17 Mar 2023 | £835,623 | £827,750 | 39 ROCHESTER AVENUE |
7 Mar 2023 | £257,425 | £255,000 | FLAT 1 THE OASIS, 124 WIDMORE ROAD |
9 Feb 2022 | £671,164 | £640,000 | 62 ROCHESTER AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Under investigation | On or near Fernwood Close |
Mar 2024 | Burglary | Under investigation | On or near South View |
Feb 2024 | Anti-social behaviour | On or near Rochester Avenue | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Rochester Avenue |
Jan 2024 | Anti-social behaviour | On or near Wanstead Road |