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House Prices in SE20

The average house price in SE20 (London) is £487,100 using HM Land Registry data.

The average property price increased by £8,001 (1.84%) over the last 5 years and increased by £1,600 (0.36%) over the last 12 months.

Over the last year, there were 246 residential property sales – a decrease of 53 transactions (-21.54%) relative to the previous year. The majority of house sales (60) were in the £260,000 - £352,000 range. Then came properties in the £352,000 - £444,000 range, where 51 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 78 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,888 (-4%).

In Nov 2025, there were 33 new estate agency instructions, 36 agreed home sales and 29 property price reductions.

5-Year Average Property Prices in SE20 (London)

1.84%

Property prices in SE20 (London) increased by 1.84% 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

0.36%

Property prices in SE20 (London) increased by 0.36% 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) - 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 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
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
Flat 2, 3 Radcliffe House, Worcester Close, Penge, London, SE20 8FR	£325,000	£315,000	-£10,000	19 May 2025	31 Oct 2025	165 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
Flat 13, Cortland House, Apple Yard, Penge, London, SE20 8FT	£350,000	£325,000	-£25,000	09 Apr 2025	07 Oct 2025	181 Days
50 Chesham Road, Penge, London, SE20 7RJ	£630,000	£611,000	-£19,000	11 May 2025	19 Sep 2025	131 Days
125 Orchard Grove, Penge, London, SE20 8DW	£350,000	£305,000	-£45,000	08 Apr 2025	05 Sep 2025	150 Days
Flat 3, 64, Thicket Road, Penge, London, SE20 8DR	£600,000	£552,000	-£48,000	14 Apr 2025	29 Aug 2025	137 Days
16 Phoenix Road, Penge, London, SE20 7BT	£850,000	£835,000	-£15,000	13 Sep 2024	28 Aug 2025	349 Days
12 Howard House, Howard Road, Penge, London, SE20 8HH	£350,000	£345,000	-£5,000	01 Mar 2025	13 Aug 2025	165 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 2, 3, Seymour Terrace, Penge, London, SE20 8SA	£375,000	£368,000	-£7,000	26 Mar 2025	24 Jul 2025	120 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
31 Whateley Road, Penge, London, SE20 7NE	£450,000	£420,000	-£30,000	10 Mar 2025	10 Jul 2025	122 Days
19 Tremaine Road, Penge, London, SE20 7UA	£900,000	£887,500	-£12,500	22 Mar 2025	09 Jul 2025	109 Days
Flat 40, Sherborne Court, Elmers End Road, Penge, London, SE20 7SL	£200,000	£200,000	£0	02 Apr 2025	27 Jun 2025	86 Days
23 Oak Grove Road, Penge, London, SE20 7RG	£550,000	£530,000	-£20,000	30 Apr 2025	10 Jun 2025	41 Days

Most Expensive Streets in SE20 (London)

Postcode	Street	Area	Average	No. of Sales
SE20 7LY	Lennard Road	London	£936,250	8
SE20 7BN	Kingswood Road, Penge	London	£816,713	7
SE20 7NB	Morland Road, Penge	London	£810,833	3
SE20 8HB	Maple Road, Penge	London	£805,000	3
SE20 7XQ	Wheathill Road, Penge	London	£801,875	4
SE20 8AY	Madeline Road, Penge	London	£793,333	3
SE20 7BL	Kingswood Road, Penge	London	£788,333	3
SE20 7PU	Cottingham Road, Penge	London	£737,500	3
SE20 7LL	Lennard Road	London	£732,500	4
SE20 7PR	Kingsdale Road, Penge	London	£706,600	5

Least Expensive Streets in SE20 (London)

Postcode	Street	Area	Average	No. of Sales
SE20 7HU	Vickers Court, Parish Lane	London	£139,750	5
SE20 8HN	Maple Court, Blenheim Road	London	£188,333	3
SE20 7AB	Croydon Road, Penge	London	£210,500	5
SE20 8DZ	Orchard Grove, Penge	London	£211,583	6
SE20 8PQ	Chestnut Grove, Penge	London	£228,333	3
SE20 7RZ	Deverill Court, Avenue Road	London	£233,071	3
SE20 7SL	Sherborne Court, Elmers End Road	London	£233,730	13
SE20 7YU	Croydon Road, Penge	London	£234,964	7
SE20 8LY	Ashurst Close, Penge	London	£235,166	3
SE20 7SS	Croydon Road, Penge	London	£236,937	8