£1,208,189
This estimated value is based upon the latest sale price for the house of £705,000 on 26 Oct 2010. 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 |
|---|---|
| £705,000 | 26 Oct 2010 |
| Detached |
| Freehold |
| Floor Area: 224 sq meters or 2,413 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 October 2010 the House Price Index for GREATER LONDON was 87.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.374%.Applying this 71.374% change to the original purchase price of £705,000 results in an estimated price of approximately £1,208,189.
| 26 Oct 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 149.7 | 71.374 % | £705,000 | £503,189 | £1,208,189 |
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 | 63.602 % | £448,394 | £1,153,394 |
| 3 Month Average | 91.781 % | £647,057 | £1,352,057 |
| 6 Month Average | 74.169 % | £522,892 | £1,227,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £756,570 | £750,000 | 38 ROCHESTER AVENUE |
| 8 Mar 2024 | £842,951 | £830,000 | 35 ROCHESTER AVENUE |
| 21 Jun 2023 | £270,419 | £265,000 | FLAT 53 THE OASIS, 124 WIDMORE ROAD |
| 17 Mar 2023 | £841,808 | £827,750 | 39 ROCHESTER AVENUE |
| 9 Feb 2022 | £676,133 | £640,000 | 62 ROCHESTER AVENUE |
This house has a floor area of 224 sq meters or 2,413 sq feet when measured on 2 Jun 2010. Using an estimated price of £1,208,190 means this house is valued at £5,388 per sq meter (£500 per sq foot).
The average size of a house on SOUTH VIEW is 206 sq meters (2,224 sq feet).
This house is the largest in the street with a floor area of 224 sq meters (2,413 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Rochester Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Rochester Avenue |
| Apr 2024 | Anti-social behaviour | On or near Homefield Road | |
| Apr 2024 | Anti-social behaviour | On or near Homefield Road | |
| Apr 2024 | Anti-social behaviour | On or near Homefield Road |