I'd just get a Vernier caliper, they're only about £12/£13 from screwfix and similar outlets. It won't be the best quality, so you'll need to subtract the zero error offset from the measurement. It's easy enough to read and 0.1mm is fine for accuracy.You need a micrometer or a vernier. Trying to estimate to 0.1mm accuracy with a ruler is optimistic as is wrapping a tape measure round and dividing by pi - which I've seen suggested
Either borrow a mic or vernier or take the post into a bike shop.
I'd be inclide to pony up for a couple of mics or a vernier on fleabay as they're always handy for measuring bolts and so on even for an occasional dabbler
Most useful micrometers, like the one I have, measure the range 0 - 25mm. To measure 27mm, you would need the metric equivalent of the 1" - 2", which isn't much use for the small stuff like screws and nuts etc.