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Penge House Prices

The average house price in Penge is £611,000 using HM Land Registry data.

The average property price increased by £44,821 (8.77%) over the last 5 years and increased by £8,960 (1.64%) over the last 12 months.

Over the last year, there were 176 residential property sales – a decrease of 63 transactions (-35.80%) relative to the previous year. The majority of house sales (40) were in the £270,000 - £400,000 range. Then came properties in the £400,000 - £530,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 43 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,393 (-2%).

In Apr 2026, there were 37 new estate agency instructions, 29 agreed home sales and 34 property price reductions.

5-Year Average Property Prices in Penge

8.77%

Property prices in Penge increased by 8.77% 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

1.64%

Property prices in Penge increased by 1.64% 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 - Apr 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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
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
44 Albert Road, Penge, London, SE20 7JW	£625,000	£616,000	-£9,000	30 May 2025	16 Jan 2026	231 Days
Flat 1, 1, St John's Road, Penge, London, SE20 7EF	£375,000	£360,000	-£15,000	11 Aug 2025	14 Jan 2026	156 Days
5 Chartwell Way, Penge, London, SE20 8LX	£435,000	£418,750	-£16,250	18 Mar 2025	09 Jan 2026	297 Days
44 Station Road, Penge, London, SE20 7BJ	£500,000	£480,000	-£20,000	01 May 2025	09 Jan 2026	253 Days
Flat 1, 69, Crystal Palace Park Road, Sydenham, London, SE26 6UT	£450,000	£432,000	-£18,000	05 Feb 2025	09 Jan 2026	338 Days
247 Kent House Road, Beckenham, BR3 1JQ	£925,000	£900,000	-£25,000	17 Jun 2025	08 Jan 2026	205 Days
49 Kenilworth Road, Penge, London, SE20 7QG	£825,000	£825,000	£0	15 Sep 2025	08 Jan 2026	115 Days
91 Venner Road, Sydenham, London, SE26 5HU	£995,000	£950,000	-£45,000	19 May 2025	05 Dec 2025	200 Days
19 Princes Road, Penge, London, SE20 7JN	£500,000	£500,000	£0	03 Jun 2025	04 Dec 2025	184 Days
71 Maple Road, Penge, London, SE20 8LN	£550,000	£550,000	£0	27 Jan 2025	01 Dec 2025	308 Days
5 Southey Street, Penge, London, SE20 7JD	£875,000	£870,000	-£5,000	11 Jul 2025	24 Nov 2025	136 Days
80 Byne Road, Sydenham, London, SE26 5JD	£850,000	£815,000	-£35,000	24 Jul 2025	21 Nov 2025	120 Days
34 Cottingham Road, Penge, London, SE20 7PT	£525,000	£525,000	£0	02 Sep 2025	17 Nov 2025	76 Days

Most Expensive Streets in Penge

Postcode	Street	Area	Average	No. of Sales
SE26 5DT	Cator Road	Sydenham	£1,850,000	3
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	£1,079,233	9
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
SE26 5NN	Maitland Road	Sydenham	£946,250	4
SE20 7LY	Lennard Road	London	£936,250	8

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	£239,000	10
SE20 7SS	Croydon Road	Penge	£239,800	10
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 7EA	Queen Adelaide Court	Queen Adelaide Road	£257,750	4