£403,453
This estimated value is based upon the latest sale price for the house of £182,500 on 2 Oct 2003. 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 |
|---|---|
| £182,500 | 2 Oct 2003 |
| £128,950 | 21 Dec 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 707 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 2003 the House Price Index for GREATER LONDON was 66.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 121.070%.Applying this 121.070% change to the original purchase price of £182,500 results in an estimated price of approximately £403,453.
| 2 Oct 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 146.7 | 121.070 % | £182,500 | £220,953 | £403,453 |
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 | 222.345 % | £405,780 | £588,280 |
| 3 Month Average | 143.800 % | £262,435 | £444,935 |
| 6 Month Average | 120.278 % | £219,508 | £402,008 |
This house has a floor area of 65 sq meters or 707 sq feet when measured on 24 Oct 2011.
The average size of a house on SHERMAN ROAD is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Northside Road | |
| Jan 2024 | Anti-social behaviour | On or near Northside Road | |
| Jan 2024 | Anti-social behaviour | On or near Northside Road | |
| Mar 2024 | Criminal damage and arson | On or near Bromley North (Station) | |
| Mar 2024 | Criminal damage and arson | On or near Bromley North (Station) |