Feb 07, 2023 by HM

House prices in Leytonstone (E11 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Leytonstone (E11 4).


Defining 'E11 4'

This analysis is limited to properties whose postcode starts with "E11 4", 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. 49, Scarborough Road, Leytonstone, London, sold for £625,000 on Dec-2023. Given the internal area of 77 square metres, the price per sqm is £8,116.

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. £6,600-£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 199 sales in Leytonstone (E11 4) that took place in the last two years.

Distribution of £ per sqm for Leytonstone (E11 4)
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 4). Of the 199 transactions, half were sold for between £5,740 and £7,990 per square metre. The median, or 'middle', price per square metre in 'E11 4' is £6,750. Notably, only 25% of properties that sold recently were valued at more than £7,990m2. 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 4' 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 4 (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 4 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Leytonstone (E11 4) 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, 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
Richmond Road, Leytonstone, E11 4B 75m2 £7,767 31
Twickenham Road, Leytonstone, E11 4B 70m2 £7,897 30
Oakdale Road, Leytonstone, E11 4D 73m2 £7,722 24
Pearcroft Road, Leytonstone, E11 4D 83m2 £6,464 22
Ashville Road, Leytonstone, E11 4D 90m2 £6,848 20
Grove Green Road, Leytonstone, E11 4E 95m2 £5,257 17
Norman Road, Leytonstone, E11 4R 73m2 £6,078 15
Trinity Close, Leytonstone, E11 4R 42m2 £6,204 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
49, Scarborough Rd, Leytonstone, London £625,000
Dec-2023
77 8,116
21, Richmond Rd, Leytonstone, London £730,000
Nov-2023
96 7,604
97, Millais Rd, Leytonstone, London £780,000
Nov-2023
118 6,610

See the entire list of all sales in Leytonstone (E11 4) 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.