£450,856
This estimated value is based upon the latest sale price for the house of £245,000 on 2 Sep 2005. 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 |
|---|---|
| £245,000 | 2 Sep 2005 |
| £105,000 | 5 Oct 1999 |
| Terraced |
| Freehold |
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 2005 the House Price Index for GREATER LONDON was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £245,000 results in an estimated price of approximately £450,856.
| 2 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 149.7 | 84.023 % | £245,000 | £205,856 | £450,856 |
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 | 91.330 % | £223,757 | £468,757 |
| 3 Month Average | 136.032 % | £333,278 | £578,278 |
| 6 Month Average | 115.347 % | £282,599 | £527,599 |
| 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 |
| 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 |