87B, Penge Road
87B, Penge Road
Description & Estimates
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.
Our Data Sources
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.
Price Range & Condition
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.
Recent Market Change
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%.
Energy Efficiency
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.
Sold Prices
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.
- Sold Nov 2007£199,750
- Sold Mar 2007£158,000
- Sold Nov 2006£141,000
Similar Properties Sold Nearby
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.
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Location Comparison
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.
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Schools Nearby
- 600mSt Mark's Church of England Primary Academy
- 700mStewart Fleming Primary School
- 800mJames Dixon Primary School
- 600mHarris Academy South Norwood
- 1.0kmHarris City Academy Crystal Palace
- 1.3kmOasis Academy Arena
More reading links
Public Transport Nearby
From 87B, Penge Road, the nearest station is Norwood Junction, 800 metres away.
- 800mNorwood Junction
- 800mBirkbeck
- 900mAnerley
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
