£816,052
This estimated value is based upon the latest sale price for the house of £580,000 on 26 Oct 2015. 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 |
|---|---|
| £580,000 | 26 Oct 2015 |
| £90,000 | 31 Mar 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £580,000 results in an estimated price of approximately £816,052.
| 26 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £580,000 | £236,052 | £816,052 |
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 | -5.835 % | £-33,840 | £546,159 |
| 3 Month Average | 1.763 % | £10,227 | £590,227 |
| 6 Month Average | 5.293 % | £30,698 | £610,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £888,149 | £875,000 | 52 CUMBRIAN GARDENS |
| 4 Aug 2023 | £673,391 | £667,500 | 28 CLEVELAND GARDENS |
| 24 Mar 2023 | £629,935 | £624,000 | FLAT 1 4 CUMBRIAN GARDENS |
| 30 Jun 2022 | £466,594 | £460,000 | FLAT 1 10 CLEVELAND GARDENS |
| 29 Apr 2022 | £705,412 | £685,000 | 9 COTSWOLD GARDENS |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 1 Jun 2015. Using an estimated price of £816,053 means this house is valued at £8,500 per sq meter (£789 per sq foot).
The average size of a house on PENNINE DRIVE is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | |
| Feb 2024 | Anti-social behaviour | On or near Pennine Lane | |
| Jan 2024 | Anti-social behaviour | On or near Pennine Lane |