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Welcome to JA.
I am sorry to hear about your situation.
An application which you have not received the consent your opponent is £255. However if your opponent agrees with the app and a consent order is attached the fee is £100. Given you seek to claim a lesser amount i cant imagine your opponent will dispute your proposed action.
Please see below the link which outlines the relevant court fees.
If you drop the claim, the general rule is the defendant are unable to recover their costs given this is a small claims matter.
Please see rule 38.6 of the Court Procedure rules via the link below.
Therefore the final decision on how you wish to proceed is at your discretion.
I hope i have clarified the position, if not please let me know.
Thanks and stay safe
If you want to make a consent application you or the defendant will have to draft a consent order and both parties will have to sign the order to confirm the contents within your application are agreed. Then you will attach the signed consent order to your application and send the same to the court.