£633,259
This estimated value is based upon the latest sale price for the house of £520,000 on 19 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Park Road
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1 Sherman Road, Bromley, BR1 3JH
Phone: 02036417285
Price Paid | Date |
---|---|
£520,000 | 19 Dec 2018 |
£237,000 | 5 Dec 2012 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.781%.Applying this 21.781% change to the original purchase price of £520,000 results in an estimated price of approximately £633,259.
19 Dec 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 146.7 | 21.781 % | £520,000 | £113,259 | £633,259 |
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 | 45.649 % | £237,377 | £757,377 |
3 Month Average | 19.355 % | £100,646 | £620,646 |
6 Month Average | 9.731 % | £50,599 | £570,599 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 27 Oct 2018.
The average size of a house on PALACE ROAD is 76 sq meters (825 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Under investigation | On or near Park Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
Dec 2023 | Anti-social behaviour | On or near Palace Grove | |
Dec 2023 | Anti-social behaviour | On or near Palace Grove | |
Dec 2023 | Anti-social behaviour | On or near Palace Grove |