Feb 07, 2023 by HM

House prices in Leytonstone (E11 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Leytonstone (E11 3).

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Defining 'E11 3'

This analysis is limited to properties whose postcode starts with "E11 3", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

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. 7, Cary Road, Leytonstone, London, sold for £559,000 on Jan-2024. Given the internal area of 90 square metres, the price per sqm is £6,211.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. ;-) They may want to convert metres 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. £6,500-£7,000, £7,000-£7,500, £7,500-£8,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 186 sales in Leytonstone (E11 3) 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 Leytonstone (E11 3). Of the 186 transactions, half were sold for between £5,780 and £7,570 per square metre. The median, or 'middle', price per square metre in 'E11 3' is £6,580. Notably, only 25% of properties that sold recently were valued at more than £7,570m². 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

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 Leytonstone. 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 Leytonstone

Comparison with neighbouring postcode sectors

The table below shows how 'E11 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
E11 2 Wanstead	£6,210m2	£7,340m2	£8,510m2
E11 3 Leytonstone	£5,780m2	£6,580m2	£7,570m2
E11 1 Leytonstone	£5,630m2	£6,390m2	£7,360m2
E11 4 Leytonstone	£5,740m2	£6,750m2	£7,990m2

Will Leytonstone 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 scatter plot below for E11 3 (Leytonstone). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for E11 3 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Leytonstone 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Leytonstone data or any other data I am given.

Street level data

Street	Avg size	Avg £/m2	Recent sales
Selby Road, Leytonstone, E11 3L	85m2	£6,504	26
Queenswood Gardens, Leytonstone, E11 3S	65m2	£4,983	26
Cann Hall Road, Leytonstone, E11 3N	83m2	£6,031	25
Matcham Road, Leytonstone, E11 3L	84m2	£6,715	25
Cheneys Road, Leytonstone, E11 3L	89m2	£6,672	23
Mornington Road, Leytonstone, E11 3B	92m2	£6,535	19
Belgrave Road, Leytonstone, E11 3Q	148m2	£7,587	18
Wragby Road, Leytonstone, E11 3L	93m2	£6,026	15

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	m2	£/m2
7, Cary Rd, Leytonstone, London	£559,000 Jan-2024	90	6,211
137, Queenswood Gardens, Leytonstone, London	£365,000 Jan-2024	68	5,367
132, Napier Rd, Leytonstone, London	£630,000 Jan-2024	90	7,000

See the entire list of all sales in Leytonstone (E11 3) here.