£303,896
This estimated value is based upon the latest sale price for the house of £299,995 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £299,995 | 17 Nov 2023 |
| £200,000 | 7 Jan 2022 |
| £222,000 | 16 Aug 2019 |
| £168,000 | 18 Jun 2004 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2023 the House Price Index for CUMBRIA was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £299,995 results in an estimated price of approximately £303,896.
| 17 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £299,995 | £3,901 | £303,896 |
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 | 35.497 % | £106,488 | £406,483 |
| 3 Month Average | -16.358 % | £-49,074 | £250,920 |
| 6 Month Average | -3.963 % | £-11,889 | £288,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £303,896 | £299,995 | 85 PENNINGTON DRIVE |
| 19 Aug 2022 | £253,289 | £255,000 | 23 PENNINGTON DRIVE |
| 15 Jul 2022 | £191,741 | £192,000 | 36 PENNINGTON DRIVE |
| 7 Jan 2022 | £293,484 | £280,000 | 23 LANSDOWNE CLOSE |
| 22 Sep 2021 | £115,910 | £108,000 | 99 PENNINGTON DRIVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 9 Mar 2019. Using an estimated price of £303,896 means this house is valued at £3,661 per sq meter (£340 per sq foot).
The average size of a house on PENNINGTON DRIVE is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Lansdowne Close |
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Lansdowne Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wolsty Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wolsty Close |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |