House prices in E11 1 (Leytonstone)

This article reveals price per square metre data and various charts to help you understand current housing market in Leytonstone, London (E11 1).


Defining 'E11 1'

This analysis is limited to properties whose postcode starts with "E11 1", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Leytonstone.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Leytonstone is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. Flat 36 Eagle Court, Hermon Hill, Leytonstone, London, sold for £475,000 on Mar-2024. Given the internal area of 81 square metres, the price per sqm is £5,864.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £6,600-£7,000, £7,000-£7,400, £7,400-£7,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 184 sales in Leytonstone (E11 1) that took place in the last two years.

Distribution of £ per sqm for Leytonstone, London
Distribution of £ per sqm house prices in Leytonstone

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Leytonstone (E11 1). Of the 184 transactions, half were sold for between £5,640 and £7,420 per square metre. The median, or 'middle', price per square metre in 'E11 1' is £6,370. Notably, only 25% of properties that sold recently were valued at more than £7,420 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Leytonstone, London

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring London. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Leytonstone
House price heatmap for Leytonstone, London

Comparison with neighbouring postcode sectors

The table below shows how 'E11 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
E11 1 Leytonstone £5,640 sqm £6,370 sqm £7,420 sqm
E11 2 Wanstead £6,170 sqm £7,320 sqm £8,440 sqm
E11 3 Leytonstone High Road £5,760 sqm £6,570 sqm £7,580 sqm
E11 4 Leytonstone High Road £5,690 sqm £6,760 sqm £8,050 sqm

Will London house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for E11 1 (Leytonstone) compared with both the wider area E11 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Leytonstone,London
House price trends for Leytonstone

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent E11 1 sales
Recent trends for Leytonstone

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for London to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about London and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Hainault Road, Leytonstone, E11 1E 82 sqm £6,013 35
Cavendish Drive, Leytonstone, E11 1D 91 sqm £6,882 19
Wallwood Road, Leytonstone, E11 1A 103 sqm £6,525 18
Fairlop Road, Leytonstone, E11 1B 85 sqm £5,792 18
Victory Road, Leytonstone, E11 1U 62 sqm £7,032 16
Hermon Hill, Leytonstone, E11 1P 66 sqm £5,851 16
Forest Road, Leytonstone, E11 1J 69 sqm £7,639 14
Colworth Road, Leytonstone, E11 1J 92 sqm £6,062 13

Search for your street here.

Raw data

Our analysis of Leytonstone is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
Flat 36 Eagle Court, Hermon Hill, Leytonstone, London £475,000
Mar-2024
81 5,864
Flat 40 Buxton House, Buxton Drive, Leytonstone, London £445,000
Feb-2024
76 5,855
Flat 13 Clock Court, Victory Rd, Leytonstone, London £410,000
Jan-2024
68 6,029

See the entire list of all sales in Leytonstone (E11 1) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.