House Prices in WS11 House Prices in WS11 (Cannock)

The average house price in WS11 (Cannock) is £236,862 using HM Land Registry data.

The average property price increased by £55,743 (25.87%) over the last 5 years and increased by £11,169 (3.91%) over the last 12 months.

Over the last year, there were 365 residential property sales – a decrease of 189 transactions (-51.78%) relative to the previous year. The majority of house sales (110) were in the £174,000 - £218,000 range. Then came properties in the £218,000 - £262,000 range, where 65 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,862 (-2%).

In Oct 24, there were 93 new estate agency instructions, 72 agreed home sales and 84 property price reductions.

5-Year Average Property Prices in WS11 (Cannock)

25.87%

Property prices in Cannock increased by 25.87% 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 WS11 (Cannock) Over the Last Year

3.91%

Property prices in Cannock increased by 3.91% 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.

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).

Property Market Heat Gauge for WS11 (Cannock) - 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 WS11 (Cannock)

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 WS11 (Cannock)

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 WS11 (Cannock)

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 WS11 (Cannock) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WS11 postcode area since 1995.

Recent Sales in WS11 (Cannock)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
64 Waterbrook Way, Cannock, Staffordshire, WS11 0GG£195,000£180,000-£15,00018 Jun 202423 Aug 202466 Days
4 Keeling Drive, Cannock, Staffordshire, WS11 1TQ£450,000£435,000-£15,00020 Mar 202415 Aug 2024148 Days
6 Remington Drive, Cannock, Staffordshire, WS11 0EG£155,000£152,500-£2,50018 Mar 202414 Aug 2024149 Days
154 Hatherton Road, Cannock, Staffordshire, WS11 1HL£620,000£575,000-£45,00011 Jan 202412 Aug 2024214 Days
25 Partridge Close, Cannock, Staffordshire, WS11 7LA£259,950£250,000-£9,95006 Mar 202409 Aug 2024156 Days
88 Pebble Mill Drive, Cannock, Staffordshire, WS11 6UR£260,000£250,000-£10,00021 Feb 202407 Aug 2024168 Days
6 Cornhill, Cannock, Staffordshire, WS11 4NS£200,000£190,000-£10,00014 Mar 202402 Aug 2024141 Days
61 Sandy Lane, Cannock, Staffordshire, WS11 1RN£375,000£375,000£0018 Mar 202402 Aug 2024137 Days
23 Pinfold Lane, Norton Canes, Cannock, Staffordshire, WS11 9PH£380,000£373,000-£7,00022 Feb 202429 Jul 2024158 Days
31 Mill Crescent, Cannock, Staffordshire, WS11 7ZF£195,000£188,000-£7,00005 Dec 202329 Jul 2024237 Days
44 Holt Crescent, Cannock, Staffordshire, WS11 7ZA£189,950£180,000-£9,95015 May 202426 Jul 202472 Days
11 Old Hednesford Road, Cannock, Staffordshire, WS11 6LD£515,000£515,000£0020 Mar 202426 Jul 2024128 Days
6 Stoneyfields Close, Cannock, Staffordshire, WS11 6UY£250,000£238,000-£12,00027 Oct 202324 Jul 2024271 Days
38 Dorchester Road, Cannock, Staffordshire, WS11 1QF£400,000£395,000-£5,00014 Mar 202419 Jul 2024127 Days
2 Four Crosses Lane, Cannock, Staffordshire, WS11 1RT£325,000£325,000£0028 Feb 202412 Jul 2024135 Days
81 Forge Close, Churchbridge, Cannock, Staffordshire, WS11 8JJ£220,000£220,000£0018 Mar 202412 Jul 2024116 Days
8 Four Crosses Lane, Cannock, Staffordshire, WS11 1RT£325,000£322,200-£2,80010 Jan 202410 Jul 2024182 Days
109 Hednesford Road, Cannock, Staffordshire, WS11 6LB£150,000£147,000-£3,00025 Mar 202405 Jul 2024102 Days
4 The Poplars, Cannock, Staffordshire, WS11 5JZ£190,000£185,000-£5,00010 Feb 202401 Jul 2024142 Days
65 Waterbrook Way, Cannock, Staffordshire, WS11 0GG£250,000£250,000£0009 Apr 202428 Jun 202480 Days

Most Expensive Streets in WS11 (Cannock)

PostcodeStreetAreaAverageNo. of Sales
WS11 9PEWashbrook Lane, Norton CanesCannock£561,5003
WS11 0LTLodge LaneCannock£527,6663
WS11 1RFSandy LaneCannock£507,69510
WS11 1HYOld Penkridge RoadCannock£482,5007
WS11 1EXGorsey LaneCannock£475,5006
WS11 1HNNew Penkridge RoadCannock£454,1427
WS11 1LDHatherton CroftCannock£446,3754
WS11 1HTNirvana CloseCannock£445,0003
WS11 1HRFerndell CloseCannock£436,6663
WS11 1TNDursley DriveCannock£429,0003

Least Expensive Streets in WS11 (Cannock)

PostcodeStreetAreaAverageNo. of Sales
WS11 0ENRiverside Court, Girton RoadCannock£61,6663
WS11 0EHRowan Croft, Price Street, CannockCannock£73,5004
WS11 5JQWoodford End, ChadsmoorCannock£74,3333
WS11 0EPKenilworth Court, Mill Street, CannockCannock£82,5007
WS11 0YTCarfaxCannock£91,0003
WS11 9UDRichard Court, Norton TerraceCannock£94,5003
WS11 5UHDatteln RoadCannock£96,8333
WS11 0BTPark StreetCannock£101,32510
WS11 6XRWoottons CourtCannock£102,82012
WS11 1LUChalfont Court, Wolverhampton RoadCannock£103,7857

Explore WS11 (Cannock) using map