£1,057,906
This estimated value is based upon the latest sale price for the house of £990,000 on 24 Jun 2021. 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 South View
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1 Sherman Road, Bromley, BR1 3JH
Phone: 02036417285
Price Paid | Date |
---|---|
£990,000 | 24 Jun 2021 |
£610,000 | 14 Dec 2011 |
£485,000 | 1 Aug 2005 |
Semi-Detached |
Freehold |
Floor Area: 162 sq meters or 1,748 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £990,000 results in an estimated price of approximately £1,057,906.
24 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.0 | 6.859 % | £990,000 | £67,906 | £1,057,906 |
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 | -19.585 % | £-193,891 | £796,108 |
3 Month Average | -5.101 % | £-50,502 | £939,497 |
6 Month Average | -8.614 % | £-85,276 | £904,723 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2023 | £267,166 | £265,000 | FLAT 53 THE OASIS, 124 WIDMORE ROAD |
7 Mar 2023 | £256,386 | £255,000 | FLAT 1 THE OASIS, 124 WIDMORE ROAD |
3 Mar 2023 | £286,549 | £285,000 | FLAT 19 THE LAURELS, 1 HOMEFIELD ROAD |
3 May 2022 | £380,658 | £375,000 | FLAT 11 THE LAURELS, 1 HOMEFIELD ROAD |
17 Jan 2022 | £268,329 | £256,000 | FLAT 48 THE OASIS, 124 WIDMORE ROAD |
This house has a floor area of 162 sq meters or 1,748 sq feet when measured on 19 Nov 2010. Using an estimated price of £1,057,906 means this house is valued at £6,514 per sq meter (£605 per sq foot).
The average size of a house on SOUTH VIEW is 206 sq meters (2,224 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near South View |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Widmore Road |
Mar 2024 | Other crime | Under investigation | On or near Widmore Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Widmore Road |
Apr 2024 | Anti-social behaviour | On or near Homefield Road |