House prices in E11 2 (Wanstead)

This article reveals price per square metre data and various charts to help you understand current housing market in Wanstead, London (E11 2).

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Defining 'E11 2'

This analysis is limited to properties whose postcode starts with "E11 2", 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 Wanstead.

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.

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Change sector

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

Price per square metre

Knowing the average house price in Wanstead 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. 73, Gordon Road, Wanstead, London, sold for £810,250 on Mar-2024. Given the internal area of 121 square metres, the price per sqm is £6,696.

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. £7,050-£7,500, £7,500-£7,950, £7,950-£8,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 254 sales in Wanstead (E11 2) that took place in the last two years.

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 Wanstead (E11 2). Of the 254 transactions, half were sold for between £6,170 and £8,440 per square metre. The median, or 'middle', price per square metre in 'E11 2' is £7,320. Notably, only 25% of properties that sold recently were valued at more than £8,440 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 Wanstead, 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.

House price heatmap for Wanstead, London

Comparison with neighbouring postcode sectors

The table below shows how 'E11 2' 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 2 (Wanstead) 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.

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.

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
Cowley Road, Wanstead, E11 2H	82 sqm	£8,796	26
Grosvenor Road, Wanstead, E11 2E	77 sqm	£7,941	23
Cambridge Road, Wanstead, E11 2P	72 sqm	£5,445	21
Cranbourne Avenue, Wanstead, E11 2B	119 sqm	£8,040	18
Hermon Hill, Wanstead, E11 2A	60 sqm	£7,775	18
Wellesley Road, Wanstead, E11 2H	95 sqm	£7,995	15
New Wanstead, Wanstead, E11 2S	86 sqm	£6,625	15
The Hollies, Wanstead, E11 2S	92 sqm	£5,506	15

Search for your street here.

Raw data

Our analysis of Wanstead 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
73, Gordon Rd, Wanstead, London	£810,250 Mar-2024	121	6,696
13, Lorne Gardens, Wanstead, London	£940,000 Feb-2024	136	6,911
134, Gardner Close, Wanstead, London	£325,000 Feb-2024	66	4,924

See the entire list of all sales in Wanstead (E11 2) here.