£727,820
This estimated value is based upon the latest sale price for the house of £495,000 on 29 May 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
1 Sherman Road, Bromley, BR1 3JH
Phone: 02036417285
| Price Paid | Date |
|---|---|
| £495,000 | 29 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £495,000 results in an estimated price of approximately £727,820.
| 29 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £495,000 | £232,820 | £727,820 |
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 | 18.642 % | £92,276 | £587,276 |
| 3 Month Average | 53.080 % | £262,748 | £757,748 |
| 6 Month Average | 40.736 % | £201,641 | £696,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £371,199 | £365,000 | 29A LANSDOWNE ROAD |
| 22 Jul 2022 | £545,466 | £540,000 | 29 RODWAY ROAD |
| 31 May 2022 | £1,050,877 | £1,023,500 | 33 LANSDOWNE ROAD |
| 25 May 2022 | £255,147 | £248,500 | 4 HIGH TOR CLOSE |
| 25 Mar 2022 | £600,261 | £575,000 | 27B RODWAY ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 20 Mar 2015. Using an estimated price of £727,820 means this house is valued at £6,931 per sq meter (£643 per sq foot).
The average size of a house on BABBACOMBE ROAD is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Babbacombe Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near High Tor Close |
| Apr 2024 | Burglary | Under investigation | On or near Rodway Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Apollo Avenue |