£372,985
This estimated value is based upon the latest sale price for the house of £210,000 on 21 Sep 2009. 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 |
|---|---|
| £210,000 | 21 Sep 2009 |
| £197,500 | 4 Feb 2005 |
| £133,500 | 15 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 September 2009 the House Price Index for GREATER LONDON was 83.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 77.612%.Applying this 77.612% change to the original purchase price of £210,000 results in an estimated price of approximately £372,985.
| 21 Sep 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.0 | 77.612 % | £210,000 | £162,985 | £372,985 |
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 | 65.397 % | £137,333 | £347,333 |
| 3 Month Average | 95.824 % | £201,231 | £411,231 |
| 6 Month Average | 84.520 % | £177,491 | £387,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £386,968 | £382,000 | 16 FREELANDS GROVE |
| 30 Jun 2023 | £473,842 | £470,000 | 25 HENRY STREET |
| 24 Mar 2023 | £447,418 | £445,000 | 2 HANSOM TERRACE |
| 8 Feb 2023 | £462,811 | £465,000 | 13 HAXTED ROAD |
| 8 Jun 2022 | £385,911 | £382,000 | 6 HENRY STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 1 May 2019. Using an estimated price of £372,985 means this house is valued at £7,037 per sq meter (£653 per sq foot).
The average size of a house on FREELANDS GROVE is 85 sq meters (915 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Freelands Grove |
| Jan 2024 | Public order | Under investigation | On or near Haxted Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Henry Street |
| Feb 2024 | Vehicle crime | Under investigation | On or near Henry Street |
| Feb 2024 | Vehicle crime | Under investigation | On or near Henry Street |