Penge is an evolving South East London neighbourhood straddling the Bromley border, offering Victorian and Edwardian housing at notably affordable prices compared to inner London. Popular with first-time buyers and families seeking value, it has a diverse, down-to-earth community and benefits from proximity to Crystal Palace Park while maintaining its own distinct high street character. The area is steadily gentrifying as priced-out buyers discover its convenient transport links and relative affordability.