£314,649
This estimated value is based upon the latest sale price for the house of £190,000 on 30 Sep 2013. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £190,000 | 30 Sep 2013 |
| £149,000 | 27 Jun 2003 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 sq feet |
This model uses changes in the Official Land Registry House Price Index for CUMBRIA to estimate the market value.
When this house was purchased in September 2013 the House Price Index for CUMBRIA was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £190,000 results in an estimated price of approximately £314,649.
| 30 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £190,000 | £124,649 | £314,649 |
The Postcode Pricing Model uses changes in average sales price within the CA3 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 | 101.663 % | £193,160 | £383,160 |
| 3 Month Average | 29.592 % | £56,225 | £246,225 |
| 6 Month Average | 24.481 % | £46,514 | £236,514 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £307,808 | £299,995 | 85 PENNINGTON DRIVE |
| 19 Aug 2022 | £256,198 | £255,000 | 23 PENNINGTON DRIVE |
| 15 Jul 2022 | £193,943 | £192,000 | 36 PENNINGTON DRIVE |
| 22 Sep 2021 | £117,241 | £108,000 | 99 PENNINGTON DRIVE |
| 2 Sep 2021 | £249,627 | £229,950 | 7 PENNINGTON DRIVE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 5 Jun 2013. Using an estimated price of £314,650 means this house is valued at £2,886 per sq meter (£268 per sq foot).
The average size of a house on PENNINGTON DRIVE is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Lansdowne Close | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wolsty Close |
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |