£145,669
This estimated value is based upon the latest sale price for the house of £30,000 on 4 Nov 1997. 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 |
|---|---|
| £30,000 | 4 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 November 1997 the House Price Index for GREATER LONDON was 30.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 385.566%.Applying this 385.566% change to the original purchase price of £30,000 results in an estimated price of approximately £145,669.
| 4 Nov 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 146.7 | 385.566 % | £30,000 | £115,669 | £145,669 |
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 | 593.612 % | £178,083 | £208,083 |
| 3 Month Average | 417.037 % | £125,111 | £155,111 |
| 6 Month Average | 375.318 % | £112,595 | £142,595 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 25 Apr 2014.
The average size of a house on NORTH ROAD is 63 sq meters (687 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near North Road |
| Jan 2024 | Public order | Under investigation | On or near Haxted Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Haxted Road |