£1,096,257
This estimated value is based upon the latest sale price for the house of £659,950 on 29 Jul 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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15 Pennine Parade, Pennine Drive, London, NW2 1NT
Phone: 02080223971
| Price Paid | Date |
|---|---|
| £659,950 | 29 Jul 2013 |
| £249,950 | 11 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 July 2013 the House Price Index for GREATER LONDON was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £659,950 results in an estimated price of approximately £1,096,257.
| 29 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £659,950 | £436,307 | £1,096,257 |
The Postcode Pricing Model uses changes in average sales price within the NW2 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 | -0.866 % | £-5,715 | £654,234 |
| 3 Month Average | 11.703 % | £77,237 | £737,187 |
| 6 Month Average | 28.028 % | £184,972 | £844,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £673,391 | £667,500 | 28 CLEVELAND GARDENS |
| 30 Jun 2022 | £466,594 | £460,000 | FLAT 1 10 CLEVELAND GARDENS |
| 29 Apr 2022 | £705,412 | £685,000 | 9 COTSWOLD GARDENS |
| 31 Mar 2022 | £538,856 | £520,000 | 17 PENNINE PARADE |
| 24 Jan 2022 | £715,637 | £680,000 | 50 CLEVELAND GARDENS |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 20 Mar 2013. Using an estimated price of £1,096,258 means this house is valued at £7,560 per sq meter (£702 per sq foot).
The average size of a house on CLEVELAND GARDENS is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pennine Drive |
| Mar 2024 | Anti-social behaviour | On or near Pennine Lane | |
| Mar 2024 | Anti-social behaviour | On or near Pennine Lane | |
| Mar 2024 | Anti-social behaviour | On or near Pennine Lane | |
| Jan 2024 | Anti-social behaviour | On or near Pennine Lane |