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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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87B, Penge Road is recorded publicly as a period leasehold apartment across 419 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 87B, Penge Road is £211,561 and its rental estimate is £1,162 per month, given the available information and assuming reasonable condition.
87, Penge Road is a residential building on Penge Road, London, SE20 and falls within the SE20 postal district and the London Borough of Bromley.
87B, Penge Road has 51 entries in the Land Registry , most recently in November 2007 and a single entry in the EPC database dated July 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 87B, Penge Road, we estimate a market value of £222,139 and a rental value of £1,220 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £196,751 and £1,081 per month respectively.
Over the last year, 87B, Penge Road has seen its estimated sale value rise by £239 (0.1%) and its estimated rental value move up by £47 per month (4.1%). This results in an estimated gross rental yield of 6.6%.
87B, Penge Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2025.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 87B, Penge Road completed on 2nd November 2007 at £199,750 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 72.9% over the period since November 2007.
Over the past 2 years 3 properties similar to 87B, Penge Road have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd July 2025, was Flat 2, 39, Penge Road, London, SE25 4EJ, a leasehold flat which sold for £220,000.
Read more about house prices in SE20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 60 addresses on Penge Road, London, SE20, 87B, Penge Road comes out as the 57th largest and the 58th most expensive in our analysis of the public data.
It is also £200k less expensive than the average property across the SE20 district.
From 87B, Penge Road, the nearest station is Norwood Junction, 800 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 87B, Penge Road, 33.1% of property is privately owned with a mortgage and 28.1% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 87B, Penge Road, 14.0% of residents are recorded as possessing school level qualifications and 44.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 87B, Penge Road, the average age was 36.8 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 87B, Penge Road, 0.4% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 87B, Penge Road, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
