Houses for sale in Penge, Greater London
There are 137 results for Penge, Greater London. Property prices in Penge range from £190k to £1.21M with an average price of £417k.
Properties for sale in Penge, Greater London
3 Bedrooms
1 Bathroom
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Property market in Penge
What's for sale
146 homes · share, count and typical priceHow many bedrooms
share, count and typical pricePrice bands
146 homesHouses and flats compared
| Houses | Flats | |
|---|---|---|
| Share of homes for sale | 14% | 77% |
| Typical asking price | £625k | £300k |
| Average bedrooms | 3.1 | 1.7 |
| Typical time to sell | 11 weeks | 12 weeks |
| Typical sold price | £695k | £366k |
Asking prices over time
typical asking price of the homes first listed each quarter · +1.3% since 2024 Q4Prices in and around Penge
typical asking price, cheapest first- Woodside £313k
- Elmers End £350k
- Penge £350k
- Lower Sydenham £425k
- Sydenham £425k
- Crystal Palace £450k
Getting to know Penge
stations in PengeSchools in Penge
6 primary · 1 secondary · 100% rated good or outstanding- Harris City Academy Crystal Palace secondary · Outstanding
- Harris Primary Academy Kent House primary · Outstanding
- Harris Primary Academy Crystal Palace primary · Good
- St John's Church of England Primary School primary · Good
- James Dixon Primary School primary · Not yet rated
- Alexandra Junior School primary · Not yet rated
Based on 146 homes for sale on Houses now, 1,267 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.
Frequently asked questions about buying in Penge
What is the average house price in Penge?
The average home for sale in Penge is priced at £407,000. A few very expensive homes pull that average up, so a more typical price is £350,000. This is based on the 146 homes for sale on Houses right now.
How much does a 2 or 3 bedroom home cost in Penge?
A typical 2-bedroom home in Penge costs £395,000 and a 3-bedroom home £525,000. So the extra bedroom adds about £130,000. 1-bedroom homes start at around £270,000, and 4-bedroom homes are about £875,000.
What price range should I expect in Penge?
Most homes in Penge are priced between £190,000 and £1.21 million, leaving out the very cheapest and most expensive. One in five costs less than £250,000, and one in five £510,000 or more.
How many homes are for sale in Penge?
There are 137 homes for sale in Penge on Houses right now, plus 25 already under offer. 79 new listings came onto the market in the last 30 days.
Are house prices going up in Penge?
They are holding steady. Homes put up for sale in Penge over the last 12 months were advertised at a typical £400,000, about the same as the year before (£400,000). By size, 2-bedroom homes are up 6% and 3-bedroom homes are down 8%.
How long does it take to sell a home in Penge?
Homes usually sell or come off the market within about 12 weeks. About 22% go within the first month, and a quarter take longer than about 5 months. Houses go faster, in about 11 weeks against about 12 weeks for flats.
What do homes actually sell for in Penge?
In the year to July 2026, 401 homes sold in Penge at a typical price of £440,000, according to HM Land Registry. Houses sold for about £695,000 and flats for about £366,000.
What rental yield can I get in Penge?
Around 4.8% gross. That compares a typical rent of £1,750 a month with a typical sold price of £440,000. Running costs, voids and mortgage interest are not taken off.
What type of homes are for sale in Penge?
Flats and apartments are the most common, about three quarters of homes for sale in Penge. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £300,000, and terraced houses the most expensive, at about £510,000.
Where are the cheapest places to buy near Penge?
Of the areas around Penge, Woodside is the cheapest, with a typical asking price of £313,000, followed by Elmers End (£350,000) and Lower Sydenham (£425,000). Penge itself is £350,000.
Are homes in Penge freehold or leasehold?
About a quarter of homes for sale in Penge are freehold and the rest leasehold, which is mostly flats. There is 1 new-build home on the market too.
What are the schools like in Penge?
There are 6 primary and 1 secondary schools in Penge. 100% of those inspected by Ofsted were rated good or outstanding, and 2 were outstanding.
Which train stations are in or near Penge?
Stations in Penge include Penge West, Anerley, Crystal Palace and Penge East.