The invention discloses a preparation method of a sintered water permeable brick. The method comprises the following steps of: pre-processing raw materials, drying, crushing and pelleting, adding caking powder to manufacture mixed powder, compression moulding, and finally sintering, wherein the main raw material is sludge in Taihu Lake, and the pre-processing comprises the following steps of: a, excavating the sludge in Taihu Lake, drying and crushing the sludge, sieving in a 40-mesh sieve; b, sufficiently mixing 50-10wt% of sludge in Taihu Lake, 0-30wt% of bauxite, 0-20wt% of lithium feldspar in proportion, adding water, manufacturing the uniformly mixed pug with water content of 10-20wt%, pelleting by using a pelleting machine, wherein the granularity is 4-24 meshes; c, after moulding the particle, drying and then sintering, wherein the sintering temperature is 850-1200 DEG C, and the sintering time is 180min. By specially pre-processing the sludge in Taihu Lake, the subsequent pressing and high-temperature sintering can be performed to manufacture the water permeable brick, the water permeable brick is high in strength, and high in water permeable speed; and the dual purposes of recycling the sludge in Taihu Lake and improving the urban ecological environment is realized.