House prices in Penge

Median value — November 2026

£626,000

Modelled from 45 properties Stede tracks in Penge

Market snapshot

£626,000

Median value

£649,467

Average value

6

Sales in the last 12 months

-1%

Change over the past year

Value over time

  • Modelled value
  • Projected
£0£200k£400k£600k£800k20002002200420062008201020122014201620182020202220242026

Modelled month by month from the UK House Price Index, averaged across every property type Stede tracks here.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled value
2000£178,269
2001£202,698
2002£245,905
2003£262,263
2004£278,235
2005£288,137
2006£319,707
2007£360,200
2008£306,878
2009£326,505
2010£344,920
2011£353,298
2012£379,238
2013£425,514
2014£487,003
2015£544,001
2016£570,981
2017£576,389
2018£572,043
2019£579,176
2020£597,355
2021£618,556
2022£646,272
2023£619,996
2024£628,769
2025£621,043
2026£626,000

Property types

  • Mid-terrace house78%£638,000
  • Semi-detached house13%£588,500
  • Flat / Maisonette7%£440,000
  • Property2%£462,000

Recent sales

Addresses in Penge

About this area

Penge, in London, is a village. Stede can model 45 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of November 2026, Penge has a median estimated value of £626,000 and an average of £649,467.

Modelled values in Penge are -1% over the past year and +1% over five years.

The market here is mostly mid-terrace houses, which make up 78% of the properties Stede tracks in Penge.

6 sales were recorded in Penge over the past 12 months.

Common questions

What is the average house price in Penge?

As of November 2026, the average estimated value is £649,467 and the median is £626,000 across 45 properties Stede tracks in Penge. This is not a formal market valuation.

Are house prices in Penge going up or down?

Modelled values in Penge are -1% over the past year and +1% over five years, based on the UK House Price Index.

What types of property are in Penge?

78% of the properties Stede tracks in Penge are mid-terrace houses. semi-detached houses are next most common, at 13%.

How many properties are in Penge?

Stede can model 45 properties in Penge, with 6 recorded sales in the past 12 months.

How does Stede calculate house prices for Penge?

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources used for every individual property valuation on Stede. Full detail is on the methodology page.

How we calculate this

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources behind every individual property valuation on Stede.

Read the full methodology and data sources →