Settlement on a Small Hill

Area Guide For Wanstead

Wanstead is a suburban area in the London Borough of Redbridge which is a part of North East London that was formerly known as Essex. The town generally has a large suburban feel. It contains open grasslands, parks and artificial lakes. It is also home to Wanstead House, one of the best Palladian mansions in Britain at the moment. There are quite a lot of landmarks which you can visit once you are living there. Certain schools in the area have made it big in Britain.



Artificial Lakes


  • The Neighbors

    The town has a large suburban feel with flats, parks, artificial lakes and historic landmarks.

  • Ideal for

    Young families.

  • Deal Sealer

    Education and transportation facilities.

  • Not for

    People who don't like the suburbs.

  • You will Like

    George Public House, Royal Merchant Navy School, Versailles and Wanstead Hospital.

Wanstead Map

Estimated Price: £459,239
Average Asking Price: £428,170
Price change in last one year: £56,527
Average Price Paid: £335,086
Average Rent Rates: £1,468


Property Prices Breakdown in Wanstead

Average Price for property in Wanstead is around £459,239 which varies based on type of property you are interested in and ranges from £1,029,748 for detached house to around £679,567 for semi-detached. Similarly terraced house is around £473,185 and a flat is worth £307,169. Values have been changing and have risen £6,447 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,812 in last 6 months, £56,527 in last 1 year, £90,710 in last 2 years, £103,211 in last 3 years, £109,603 in last 4 years and £118,779 in last 5 years.

Currently average asking price of a property in Wanstead is around £428,170 based on approximately 561 properties for sale. Same is the case with rental options based on 187 properties up for rent, average asking rent is around £1,468 per month.

Estimated property value in Wanstead is £459,239. Average asking price is £428,170 while average price paid is £386,448 which is up by £56,527 and Avg. asking rent £1,468.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Wanstead area. In last 1 year alone average price buyer paid is around £386,448 based on approximately 561 sales in Wanstead area alone. If you compare it to last 3 years sales of 1,702 properties where buyers paid around £352,815. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £335,086 for 2,693 and average amount paid for purchase of approx. 3,543 properties sold in last 7 years comes to about £322,645 per sale.


Properties For Sale in Wanstead


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £167,495, £392,307 for a 2 bedroom house, £483,926 for a 3 bedroom house, £619,808 for a 4 bedroom house and £873,660 for a 5 bedroom house. For a flat similarly the prices varies from £208,020 for a single bedroom to £300,040 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £365,000. To sum up the asking prices for properties in Wanstead it comes to around average £206,043 for 1 bedroom property, £316,700 for 2 bedroom, £457,498 for 3 bedroom, £619,808 for 4 bedroom and £873,660 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £692 for 1 bedroom to £1,386 for 2 bedrooms, £1,653 for 3 bedrooms, £2,259 for 4 bedrooms and £2,474 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £959. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,273, £1,403 for 3 bedroom and £2,188 for 4 bedroom. You should be generally be expecting around average £921 rent per month for single bedroom property, £1,291 for 2 bedroom, £1,561 for 3 bedroom, £2,254 for 4 bedroom and approximately £2,474 for a 5 bedroom property in Wanstead area.

Popular Houses in Wanstead

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in Wanstead

Sum it all up

 The Good

- Educational facilities
- Transportation facilities
- Landmarks

 Best For

- Young families
- People who enjoy the suburbs

 The Bad

- Traffic

Transportation in Wanstead

Browse by Streets in Wanstead