Feb 07, 2023 by HM

House prices in Leytonstone (E11 3)

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


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 foot

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

£ per sqft = price ÷ internal area
E.g. 7, Cary Road, Leytonstone, London, sold for £559,000 on Jan-2024. Given the internal area of 968 square feet, the price per sqft is £577.

England & Wales are officially metric, government policy dating back to 1965. Unless you still think in yards, feet and inches please convert this page to square metres!

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £603-£650, £650-£696, £696-£743 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.

Distribution of £ per sqft for Leytonstone (E11 3)
Distribution of £ per sqft 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 3). Of the 186 transactions, half were sold for between £536 and £703 per square foot. The median, or 'middle', price per square foot in 'E11 3' is £611. Notably, only 25% of properties that sold recently were valued at more than £703 per square foot. 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.

Property price heatmap for Leytonstone
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 £576 sqft £681 sqft £790 sqft
E11 3 Leytonstone £536 sqft £611 sqft £703 sqft
E11 1 Leytonstone £523 sqft £593 sqft £683 sqft
E11 4 Leytonstone £533 sqft £627 sqft £742 sqft

Will Leytonstone house prices drop in 2024?

We cannot tell the future and don't believe anyone who says they can. We can however plot price trends - we 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.

Price per square foot in Leytonstone (E11 3) over time
House price trends for Leytonstone

Hover on any blue dot to see details of specific sales

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, we 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 - we do not verify the accuracy of the Leytonstone data or any other data we are given.

Street level data

Street Avg size Avg £/ft2 Recent sales
Selby Road, Leytonstone, E11 3L 914 sqft £604 26
Queenswood Gardens, Leytonstone, E11 3S 699 sqft £462 26
Cann Hall Road, Leytonstone, E11 3N 893 sqft £560 25
Matcham Road, Leytonstone, E11 3L 904 sqft £623 25
Cheneys Road, Leytonstone, E11 3L 957 sqft £619 23
Mornington Road, Leytonstone, E11 3B 990 sqft £607 19
Belgrave Road, Leytonstone, E11 3Q 1,593 sqft £704 18
Wragby Road, Leytonstone, E11 3L 1,001 sqft £559 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 sq feet £/ft2
7, Cary Rd, Leytonstone, London £559,000
Jan-2024
968 577
137, Queenswood Gardens, Leytonstone, London £365,000
Jan-2024
731 498
132, Napier Rd, Leytonstone, London £630,000
Jan-2024
968 650

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

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.