£765,518
This estimated value is based upon the latest sale price for the house of £450,000 on 8 Oct 2010. 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 |
---|---|
£450,000 | 8 Oct 2010 |
Detached |
Freehold |
Floor Area: 128 sq meters or 1,385 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 October 2010 the House Price Index for GREATER LONDON was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £450,000 results in an estimated price of approximately £765,518.
8 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 148.6 | 70.115 % | £450,000 | £315,518 | £765,518 |
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 | 47.548 % | £213,968 | £663,968 |
3 Month Average | 65.532 % | £294,891 | £744,891 |
6 Month Average | 53.761 % | £241,923 | £691,923 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £406,011 | £400,000 | 14 ST TIMOTHYS MEWS |
22 Sep 2023 | £369,727 | £365,000 | 13 PLYMOUTH ROAD |
24 Mar 2023 | £449,232 | £445,000 | 2 HANSOM TERRACE |
8 Feb 2023 | £464,687 | £465,000 | 13 HAXTED ROAD |
22 Apr 2022 | £437,665 | £425,000 | 24 PLYMOUTH ROAD |
This house has a floor area of 128 sq meters or 1,385 sq feet when measured on 7 May 2010. Using an estimated price of £765,518 means this house is valued at £5,946 per sq meter (£552 per sq foot).
The average size of a house on PARK GROVE is 119 sq meters (1,282 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Grove |
Feb 2024 | Vehicle crime | Under investigation | On or near Freelands Grove |
Jan 2024 | Public order | Under investigation | On or near Haxted Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Freelands Road |
Feb 2024 | Vehicle crime | Under investigation | On or near Freelands Road |