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House Prices in SE20

The average house price in SE20 (London) is £491,071 using HM Land Registry data.

The average property price decreased by £3,746 (1.53%) over the last 5 years and decreased by £749 (0.3%) over the last 12 months.

Over the last year, there were 227 residential property sales – a decrease of 71 transactions (-31.28%) relative to the previous year. The majority of house sales (52) were in the £240,000 - £340,000 range. Then came properties in the £340,000 - £440,000 range, where 48 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,358 (-2%).

In Jul 2026, there were 48 new estate agency instructions, 38 agreed home sales and 61 property price reductions.

5-Year Average Property Prices in SE20 (London)

1.53%

Property prices in SE20 (London) increased by 1.53% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SE20 (London) Over the Last Year

0.3%

Property prices in SE20 (London) increased by 0.3% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for SE20 (London) - Jul 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SE20 (London)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SE20 (London)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SE20 (London)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SE20 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SE20 postcode area since 1995.

Recent Sales in SE20 (London)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
55a, Tremaine Road, Penge, London, SE20 7UA	£450,000	£427,500	-£22,500	04 Nov 2025	12 May 2026	189 Days
17 Melvin Road, Penge, London, SE20 8EU	£800,000	£775,000	-£25,000	11 Oct 2025	08 May 2026	209 Days
44 Croydon Road, Penge, London, SE20 7AE	£375,000	£375,000	£0	11 Nov 2025	01 May 2026	171 Days
25 Impact Court, Stembridge Road, Penge, London, SE20 7UP	£250,000	£245,000	-£5,000	30 Aug 2025	23 Apr 2026	236 Days
34 Stodart Road, Penge, London, SE20 8ET	£800,000	£795,000	-£5,000	22 Oct 2025	17 Apr 2026	177 Days
Flat 7, 4, Anerley Park Road, Penge, London, SE20 8BZ	£400,000	£380,000	-£20,000	19 Sep 2025	14 Apr 2026	207 Days
53 Piquet Road, Penge, London, SE20 7XY	£325,000	£310,000	-£15,000	13 Oct 2025	02 Apr 2026	171 Days
6 Thicket Grove, Penge, London, SE20 8AW	£250,000	£240,000	-£10,000	07 Oct 2025	01 Apr 2026	176 Days
25 Kingsdale Road, Penge, London, SE20 7PR	£675,000	£650,000	-£25,000	24 Dec 2025	01 Apr 2026	98 Days
Flat 1, 80, Anerley Park, Penge, London, SE20 8NQ	£340,000	£335,000	-£5,000	20 Oct 2025	01 Apr 2026	163 Days
Flat 3, 186a Pearl House, Maple Road, Penge, London, SE20 8HT	£450,000	£443,000	-£7,000	09 Sep 2025	31 Mar 2026	203 Days
Flat D, 35, Anerley Park, Penge, London, SE20 8NF	£475,000	£450,000	-£25,000	13 May 2025	30 Mar 2026	321 Days
12b, Royston Road, Penge, London, SE20 7QN	£425,000	£425,000	£0	10 Nov 2025	20 Mar 2026	130 Days
Top Flat, 177, Anerley Road, Penge, London, SE20 8EF	£360,000	£360,000	£0	14 Sep 2025	19 Mar 2026	186 Days
48 Oak Grove Road, Penge, London, SE20 7RQ	£475,000	£460,000	-£15,000	19 Sep 2025	16 Mar 2026	178 Days
60 Marlow Road, Penge, London, SE20 7UZ	£400,000	£395,000	-£5,000	25 Jul 2025	16 Mar 2026	234 Days
108 Victor Road, Penge, London, SE20 7JT	£600,000	£575,000	-£25,000	26 Aug 2025	12 Mar 2026	198 Days
Flat 84, Lambourne House, Apple Yard, Penge, London, SE20 8FW	£450,000	£445,000	-£5,000	13 May 2025	04 Mar 2026	295 Days
8 Glen Court, Jasmine Grove, Penge, London, SE20 8JE	£230,000	£230,000	£0	23 Jun 2025	04 Mar 2026	254 Days
10 St Johns Cottages, Maple Road, Penge, London, SE20 8HX	£500,000	£500,000	£0	21 Aug 2025	27 Feb 2026	190 Days

Most Expensive Streets in SE20 (London)

Postcode	Street	Area	Average	No. of Sales
SE20 7XB	Thornsett Road, Penge	London	£956,666	3
SE20 7LY	Lennard Road	London	£936,250	8
SE20 7BL	Kingswood Road, Penge	London	£831,666	3
SE20 7XE	Thornsett Road, Penge	London	£818,750	4
SE20 7BN	Kingswood Road, Penge	London	£816,713	7
SE20 8AY	Madeline Road, Penge	London	£793,333	3
SE20 7QQ	Clevedon Road, Penge	London	£760,025	4
SE20 7PU	Cottingham Road, Penge	London	£737,500	3
SE20 7LL	Lennard Road	London	£732,500	4
SE20 7BT	Phoenix Road, Penge	London	£715,714	7

Least Expensive Streets in SE20 (London)

Postcode	Street	Area	Average	No. of Sales
SE20 7HU	Vickers Court, Parish Lane	London	£131,041	6
SE20 8HN	Maple Court, Blenheim Road	London	£188,333	3
SE20 7AB	Croydon Road, Penge	London	£226,900	5
SE20 8PQ	Chestnut Grove, Penge	London	£228,333	3
SE20 7SL	Sherborne Court, Elmers End Road	London	£232,928	14
SE20 8DZ	Orchard Grove, Penge	London	£233,375	8
SE20 7SA	Deverill Court, Avenue Road	London	£237,444	9
SE20 7SS	Croydon Road, Penge	London	£241,111	9
SE20 8AJ	Anerley Road, Penge	London	£245,750	4
SE20 8LY	Ashurst Close, Penge	London	£247,100	5