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Penge House Prices

The average house price in Penge is £539,937 using HM Land Registry data.

The average property price increased by £43,812 (8.59%) over the last 5 years and increased by £8,757 (1.61%) over the last 12 months.

Over the last year, there were 206 residential property sales – a decrease of 7 transactions (-3.40%) relative to the previous year. The majority of house sales (48) were in the £270,000 - £402,000 range. Then came properties in the £402,000 - £534,000 range, where 45 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 123 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,505 (-2%).

In Nov 2025, there were 25 new estate agency instructions, 23 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in Penge

8.59%

Property prices in Penge increased by 8.59% 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

1.61%

Property prices in Penge increased by 1.61% 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 - Nov 2025

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
91 Venner Road, Sydenham, London, SE26 5HU	£995,000	£950,000	-£45,000	19 May 2025	05 Dec 2025	200 Days
5 Southey Street, Penge, London, SE20 7JD	£875,000	£870,000	-£5,000	11 Jul 2025	24 Nov 2025	136 Days
50 Deverill Court, Avenue Road, London, SE20 7SA	£220,000	£200,000	-£20,000	31 Jan 2025	07 Nov 2025	280 Days
Flat 2, 30 Capel Court, Melvin Road, Penge, London, SE20 8EU	£350,000	£330,000	-£20,000	30 Apr 2025	07 Nov 2025	191 Days
Cannon House Flat 8, Park Court, Lawrie Park Road, Sydenham, London, SE26 6EN	£475,000	£441,000	-£34,000	17 Apr 2025	31 Oct 2025	197 Days
70 Hawthorn Grove, Penge, London, SE20 8LF	£475,000	£450,000	-£25,000	04 Jun 2025	24 Oct 2025	142 Days
18 Phoenix Road, Penge, London, SE20 7BT	£975,000	£975,000	£0	07 May 2025	17 Oct 2025	163 Days
61c, Crystal Palace Park Road, Sydenham, London, SE26 6UT	£625,000	£610,000	-£15,000	01 May 2025	01 Oct 2025	153 Days
19 Byne Road, Sydenham, London, SE26 5JF	£900,000	£881,000	-£19,000	08 May 2025	24 Sep 2025	139 Days
50 Chesham Road, Penge, London, SE20 7RJ	£630,000	£611,000	-£19,000	11 May 2025	19 Sep 2025	131 Days
187 Kent House Road, Beckenham, BR3 1JZ	£1,000,000	£965,000	-£35,000	01 Oct 2024	05 Sep 2025	339 Days
16 Phoenix Road, Penge, London, SE20 7BT	£850,000	£835,000	-£15,000	13 Sep 2024	28 Aug 2025	349 Days
77 Wiverton Road, Sydenham, London, SE26 5JB	£575,000	£565,000	-£10,000	29 Jan 2025	15 Aug 2025	198 Days
12 Howard House, Howard Road, Penge, London, SE20 8HH	£350,000	£345,000	-£5,000	01 Mar 2025	13 Aug 2025	165 Days
148 Venner Road, Sydenham, London, SE26 5HS	£1,100,000	£1,090,000	-£10,000	25 Mar 2025	08 Aug 2025	136 Days
9 Ringwold Close, Beckenham, BR3 1TZ	£299,999	£299,999	£0	24 Jan 2025	01 Aug 2025	189 Days
12 Maple Road, Penge, London, SE20 8HB	£1,100,000	£1,080,000	-£20,000	31 Mar 2025	25 Jul 2025	116 Days
Flat B, 9, Crystal Palace Park Road, Sydenham, London, SE26 6EG	£620,000	£605,000	-£15,000	27 Jan 2025	25 Jul 2025	179 Days
66 Hawthorn Grove, Penge, London, SE20 8LF	£425,000	£422,000	-£3,000	04 Mar 2025	22 Jul 2025	140 Days
149 Parish Lane, Penge, London, SE20 7JH	£570,000	£533,000	-£37,000	10 Feb 2025	17 Jul 2025	157 Days

Most Expensive Streets in Penge

Postcode	Street	Area	Average	No. of Sales
SE26 5DT	Cator Road	Sydenham	£1,850,000	3
SE26 5NL	Alexandra Road	Sydenham	£1,253,333	3
BR3 1LL	Kings Hall Road	Beckenham	£1,221,250	4
SE26 6FB	Foxmore Place	Sydenham	£1,180,000	5
BR3 1LT	Kings Hall Road	Beckenham	£1,131,000	3
BR3 1LN	Kings Hall Road	Beckenham	£1,127,500	4
BR3 1JQ	Kent House Road	Beckenham	£1,101,637	8
BR3 1LS	Kings Hall Road	Beckenham	£1,040,000	4
BR3 1JY	Kent House Road	Beckenham	£957,500	4
SE26 5NN	Maitland Road	Sydenham	£946,250	4

Least Expensive Streets in Penge

Postcode	Street	Area	Average	No. of Sales
SE20 7HU	Vickers Court	Parish Lane	£139,750	5
SE20 8HN	Maple Court	Blenheim Road	£188,333	3
SE20 7AB	Croydon Road	Penge	£210,500	5
SE20 8PQ	Chestnut Grove	Penge	£228,333	3
SE20 7RZ	Deverill Court	Avenue Road	£233,071	3
SE20 8LY	Ashurst Close	Penge	£235,166	3
SE20 7SS	Croydon Road	Penge	£236,937	8
SE20 7SA	Deverill Court	Avenue Road	£239,000	10
SE26 6DZ	Lawrie Park Road	Sydenham	£247,666	3
SE20 7HW	High Street	Penge	£248,875	4