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Wanstead House Prices

The average house price in Wanstead is £737,978 using HM Land Registry data.

The average property price increased by £181,221 (33.43%) over the last 5 years and increased by £36,228 (5.27%) over the last 12 months.

Over the last year, there were 313 residential property sales – a decrease of 93 transactions (-29.71%) relative to the previous year. The majority of house sales (77) were in the £290,000 - £488,000 range. Then came properties in the £488,000 - £686,000 range, where 71 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 96 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-21,818 (-3%).

In Oct 24, there were 59 new estate agency instructions, 44 agreed home sales and 26 property price reductions.

5-Year Average Property Prices in Wanstead

33.43%

Property prices in Wanstead increased by 33.43% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Wanstead Over the Last Year

5.27%

Property prices in Wanstead increased by 5.27% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Wanstead - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Wanstead

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Wanstead

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Wanstead

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Wanstead since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Wanstead area since 1995.

Recent Property Sales in Wanstead

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
40 Lorne Gardens, London, Greater London, E11 2BZ	£825,000	£805,000	-£20,000	10 Jan 2024	16 Aug 2024	219 Days
133 Montague Road, London, Greater London, E11 3EW	£725,000	£690,000	-£35,000	16 Nov 2023	05 Jul 2024	232 Days
48 Ranelagh Road, London, Greater London, E11 3JP	£625,000	£600,000	-£25,000	26 Feb 2024	05 Jul 2024	130 Days
48 Ranelagh Road, London, Greater London, E11 3JP	£625,000	£600,000	-£25,000	26 Feb 2024	05 Jul 2024	130 Days
Flat 33, Clock Court, Victory Road, London, Greater London, E11 1UJ	£320,000	£316,000	-£4,000	21 Oct 2023	01 Jul 2024	254 Days
261 Cann Hall Road, London, Greater London, E11 3NL	£600,000	£600,000	£00	29 Jan 2024	24 Jun 2024	147 Days
11a, Blenheim Road, Leytonstone, London, Greater London, E15 1UF	£600,000	£582,500	-£17,500	07 Jan 2024	21 Jun 2024	166 Days
59 Cann Hall Road, London, Greater London, E11 3JQ	£545,000	£539,500	-£5,500	11 Jan 2024	18 Jun 2024	159 Days
37 Harpenden Road, London, Greater London, E12 5HL	£1,000,000	£1,000,000	£00	13 Feb 2024	07 Jun 2024	115 Days
40 Dangan Road, London, Greater London, E11 2RF	£1,100,000	£1,070,000	-£30,000	04 Jan 2024	03 Jun 2024	151 Days
Flat 4, Highfield Court, St Margarets Road, London, Greater London, E12 5DW	£350,000	£320,000	-£30,000	05 Apr 2023	24 May 2024	415 Days
14 Blenheim Road, Leytonstone, London, Greater London, E15 1UF	£635,000	£625,000	-£10,000	25 Dec 2023	22 May 2024	149 Days
1 Tennyson Avenue, London, Greater London, E11 2QN	£1,550,000	£1,450,000	-£100,000	29 Sep 2023	21 May 2024	235 Days
1 Ellesmere Close, London, Greater London, E11 1PT	£1,250,000	£920,000	-£330,000	31 May 2019	13 May 2024	1809 Days
39b, Borthwick Road, London, Greater London, E15 1UD	£406,000	£392,000	-£14,000	08 Jan 2024	03 May 2024	116 Days
14 Hermitage Close, London, Greater London, E18 2BW	£1,200,000	£1,200,000	£00	02 Oct 2023	22 Apr 2024	203 Days
147 Trumpington Road, London, Greater London, E7 9EG	£500,000	£500,000	£00	03 Jan 2024	22 Apr 2024	110 Days
113 Elmcroft Avenue, London, Greater London, E11 2BS	£750,000	£750,000	£00	14 Feb 2024	19 Apr 2024	65 Days
22 Cheneys Road, London, Greater London, E11 3LN	£575,000	£575,000	£00	18 Dec 2023	15 Apr 2024	119 Days
103 Sansom Road, London, Greater London, E11 3HD	£299,995	£279,000	-£20,995	31 Oct 2023	15 Apr 2024	167 Days

Most Expensive Streets in Wanstead

Postcode	Street	Area	Average	No. of Sales
E11 2NR	St Marys Avenue	London	£2,135,000	3
E11 2NX	Draycot Road	Wanstead	£1,878,333	3
E11 2NT	The Green	London	£1,763,333	3
E11 2LR	The Warren Drive	London	£1,718,333	6
E11 2JU	Redbridge Lane West	London	£1,433,333	3
E11 2NJ	Overton Drive	London	£1,397,916	6
E11 2NQ	Seagry Road	London	£1,373,333	3
E11 2QN	Tennyson Avenue	London	£1,290,000	8
E11 2LL	Langley Drive	London	£1,260,333	3
E11 2LP	Overton Drive	London	£1,256,500	4

Least Expensive Streets in Wanstead

Postcode	Street	Area	Average	No. of Sales
E11 2PS	Cambridge Road	London	£173,045	11
E11 2PE	Holly Road	London	£186,333	3
E11 2UA	Cambridge Road	London	£217,187	16
E11 2UB	Cambridge Park	London	£222,325	20
E11 2PW	Cambridge Road	London	£242,000	3
E11 3JS	Paramount House	High Road Leytonstone	£248,333	3
E11 2QG	Harley Court	Blake Hall Road	£253,333	3
E11 3HS	High Road Leytonstone	London	£256,875	4
E11 4GT	Oakum Square	London	£267,000	3
E11 2FA	Gardner Close	London	£277,809	21