Time to Sell Analysis for Penge
How long does it take to sell property in Penge?
Selling times for homes in Penge represent the actual time taken from a property coming onto market to reaching a sold status as tracked in the Home.co.uk property search. Time to Sell is distinct from Time on Market as only properties that have achieved a sold status are included in the analysis.
Overall Time to Sell in Penge (over last 90 days)
| Total Properties | Mean Selling Time | Median | |
|---|---|---|---|
| Selling time in Penge: | 260 | 106 days | 62 days |
Selling Times in Penge by Price Band
| Properties | Mean Selling Time | Median | |
|---|---|---|---|
| under £100,000 | 1 | 25 days | 25 days |
| £100,000 to £200,000 | 9 | 80 days | 61 days |
| £200,000 to £300,000 | 35 | 218 days | 82 days |
| £300,000 to £400,000 | 68 | 80 days | 52 days |
| £400,000 to £500,000 | 40 | 89 days | 73 days |
| £500,000 to £1,000,000 | 97 | 92 days | 62 days |
| over £1,000,000 | 10 | 105 days | 49 days |
Selling Times in Penge by Number of Bedrooms
| Properties | Mean Selling Time | Median | |
|---|---|---|---|
| One bedroom | 45 | 119 days | 55 days |
| Two bedrooms | 115 | 109 days | 66 days |
| Three bedrooms | 61 | 65 days | 46 days |
| Four bedrooms | 21 | 169 days | 112 days |
| Five bedrooms | 17 | 104 days | 64 days |
Selling Times in Penge by Property Type
| Properties | Mean Selling Time | Median | |
|---|---|---|---|
| Flat | 154 | 113 days | 65 days |
| Terraced | 35 | 107 days | 59 days |
| Semi-detached | 31 | 92 days | 64 days |
| Detached | 12 | 97 days | 41 days |
Note: The Penge selling times were calculated by sampling over all properties marked as sold in the Home.co.uk property search in the last 90 days within 1 mile of the centre of Penge.
More Property Data for Penge
See also: Time on Market Report for Penge over the last year, Current Asking Prices in Penge
Back to: House Prices Menu for Penge