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Penge House Prices

The average house price in Penge is £413,428 using HM Land Registry data.

The average property price increased by £40,988 (7.98%) over the last 5 years and increased by £8,194 (1.5%) over the last 12 months.

Over the last year, there were 184 residential property sales – a decrease of 49 transactions (-26.63%) relative to the previous year. The majority of house sales (44) were in the £392,000 - £524,000 range. Then came properties in the £260,000 - £392,000 range, where 42 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,173 (-2%).

In Jul 2026, there were 43 new estate agency instructions, 33 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in Penge

7.98%

Property prices in Penge increased by 7.98% 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 Penge Over the Last Year

1.5%

Property prices in Penge increased by 1.5% 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 Penge - 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 Penge

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 Penge

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 Penge

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 Penge since 1995

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

Recent Property Sales in Penge

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
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
34 Stodart Road, Penge, London, SE20 8ET	£800,000	£795,000	-£5,000	22 Oct 2025	17 Apr 2026	177 Days
65 Kings Hall Road, Beckenham, BR3 1LR	£1,400,000	£1,365,000	-£35,000	01 Dec 2025	15 Apr 2026	135 Days
25 Kingsdale Road, Penge, London, SE20 7PR	£675,000	£650,000	-£25,000	24 Dec 2025	01 Apr 2026	98 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 2, 8 The Cedars, Lawrie Park Crescent, Sydenham, London, SE26 6HE	£550,000	£520,000	-£30,000	28 Jul 2025	31 Mar 2026	246 Days
12b, Royston Road, Penge, London, SE20 7QN	£425,000	£425,000	£0	10 Nov 2025	20 Mar 2026	130 Days
48 Oak Grove Road, Penge, London, SE20 7RQ	£475,000	£460,000	-£15,000	19 Sep 2025	16 Mar 2026	178 Days
108 Victor Road, Penge, London, SE20 7JT	£600,000	£575,000	-£25,000	26 Aug 2025	12 Mar 2026	198 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
63 Kingswood Road, Penge, London, SE20 7BL	£850,000	£840,000	-£10,000	08 Jul 2025	24 Feb 2026	231 Days
Flat 1, 1 Hollywood House, Station Road, Penge, London, SE20 7BE	£515,000	£515,000	£0	20 Mar 2025	16 Feb 2026	333 Days
19 Clevedon Road, Penge, London, SE20 7QQ	£700,000	£700,000	£0	01 Aug 2025	04 Feb 2026	187 Days
Flat 6, 15 Golden Mews, Howard Road, Penge, London, SE20 8HQ	£325,000	£325,000	£0	17 Mar 2025	02 Feb 2026	322 Days
7 Bridgelands Close, Beckenham, BR3 1JU	£650,000	£629,000	-£21,000	29 Sep 2025	30 Jan 2026	123 Days
13 87 Benwick Court, Croydon Road, Penge, London, SE20 7SS	£230,000	£217,500	-£12,500	15 May 2025	30 Jan 2026	260 Days
Flat 2, 5, Wordsworth Road, Penge, London, SE20 7JF	£330,000	£320,000	-£10,000	28 Mar 2025	30 Jan 2026	308 Days
116c, Crystal Palace Park Road, Sydenham, London, SE26 6UP	£800,000	£780,000	-£20,000	19 May 2025	28 Jan 2026	254 Days

Most Expensive Streets in Penge

Postcode	Street	Area	Average	No. of Sales
BR3 1LL	Kings Hall Road	Beckenham	£1,283,750	4
BR3 1LT	Kings Hall Road	Beckenham	£1,248,100	5
SE26 6FB	Foxmore Place	Sydenham	£1,180,000	5
BR3 1JQ	Kent House Road	Beckenham	£1,065,387	8
BR3 1LN	Kings Hall Road	Beckenham	£1,044,254	5
BR3 1LS	Kings Hall Road	Beckenham	£1,040,000	4
BR3 1JN	Kent House Road	Beckenham	£950,000	3
SE20 7LY	Lennard Road	London	£936,250	8
BR3 1JY	Kent House Road	Beckenham	£929,166	6
BR3 1LR	Kings Hall Road	Beckenham	£915,000	4

Least Expensive Streets in Penge

Postcode	Street	Area	Average	No. of Sales
SE20 7HU	Vickers Court	Parish Lane	£131,041	6
SE20 8HN	Maple Court	Blenheim Road	£188,333	3
SE20 7AB	Croydon Road	Penge	£226,900	5
SE20 8PQ	Chestnut Grove	Penge	£228,333	3
SE20 7SA	Deverill Court	Avenue Road	£237,444	9
SE20 7SS	Croydon Road	Penge	£241,111	9
SE20 8LY	Ashurst Close	Penge	£247,100	5
SE26 6DZ	Lawrie Park Road	Sydenham	£247,666	3
SE20 7HW	High Street	Penge	£248,875	4
SE20 7RX	Avenue Court	Avenue Road	£261,031	8