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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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Public records show 88B, Penge Road to be a period leasehold apartment with 592 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
88B, Penge Road has an estimated sale value of £260,085 and an estimated rental value of £1,422 per month, assuming reasonable condition and based on the information available.
The apartment sits within 88, Penge Road, London, SE20.
Penge Road, London, SE20 lies in the borough of Bromley, within the SE20 postal district.
88B, Penge Road has 3 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 88B, Penge Road would be worth £273,089, with a potential rental value of £1,493 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £241,879, with a rental value of £1,323 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 88B, Penge Road has declined by £2,301 (0.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £45 (3.1%). The property's estimated gross yield is currently 6.6%.
88B, Penge Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
88B, Penge Road last changed hands on 2nd November 2022, selling for £290,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 6.7% since November 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 380 metres of 88B, Penge Road across the last 2 years.
Most recently, Flat D, 23, Penge Road, London, SE25 4EJ, a leasehold flat, sold at £345,000 on the 2nd June 2025.
Read more about house prices in SE20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 88B, Penge Road as the 31st largest and the 33rd most expensive of the 60 addresses on Penge Road, London, SE20.
Against the SE20 postcode district average, it is £152k less expensive than the typical property.
Norwood Junction station is the nearest stop to 88B, Penge Road at 800 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 88B, Penge Road, 29.3% of property is privately owned with a mortgage and 27.4% is privately 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 88B, Penge Road, 14.4% of residents are recorded as possessing school level qualifications and 44.7% 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 88B, Penge Road, the average age was 38.1 and the most common age was 37.
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 88B, Penge Road, 1.3% 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 88B, Penge Road, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
