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House Prices in WS12

The average house price in WS12 (Cannock) is £219,250 using HM Land Registry data.

The average property price increased by £74,105 (50.24%) over the last 5 years and increased by £14,815 (6.52%) over the last 12 months.

Over the last year, there were 360 residential property sales – a decrease of 253 transactions (-70.28%) relative to the previous year. The majority of house sales (93) were in the £186,000 - £232,000 range. Then came properties in the £232,000 - £278,000 range, where 61 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 84 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,707 (-2%).

In June 2024, there were 94 new estate agency instructions, 66 agreed home sales and 39 property price reductions.

5-Year Average Property Prices in WS12 (Cannock)

50.24%

Property prices in Cannock increased by 50.24% 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 WS12 (Cannock) Over the Last Year

6.52%

Property prices in Cannock increased by 6.52% 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 WS12 (Cannock) - June 2024

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 WS12 (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 WS12 (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 WS12 (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 WS12 (Cannock) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WS12 postcode area since 1995.

Recent Sales in WS12 (Cannock)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
12 Deerhurst Rise, Cannock, Staffordshire, WS12 0JJ	£165,000	£165,000	£00	10 Oct 2023	07 May 2024	210 Days
481 Littleworth Road, Cannock, Staffordshire, WS12 1JA	£170,000	£170,000	£00	13 Dec 2023	26 Apr 2024	135 Days
62 Kingscroft, Cannock, Staffordshire, WS12 2GT	£400,000	£388,000	-£12,000	17 Oct 2023	25 Apr 2024	191 Days
38 Copperkins Road, Hednesford, Cannock, Staffordshire, WS12 2NW	£230,000	£225,000	-£5,000	17 Oct 2023	19 Apr 2024	185 Days
4 Old Park Road, Cannock, Staffordshire, WS12 0PU	£230,000	£230,000	£00	23 Jan 2024	16 Apr 2024	84 Days
270 Green Heath Road, Hednesford, Cannock, Staffordshire, WS12 4AZ	£190,000	£175,000	-£15,000	18 Oct 2023	15 Apr 2024	180 Days
30 Gratley Croft, Cannock, Staffordshire, WS12 4PY	£220,000	£190,000	-£30,000	19 Jun 2023	12 Apr 2024	298 Days
86 Bromley Close, Hednesford, Cannock, Staffordshire, WS12 4QY	£180,000	£178,000	-£2,000	22 Sep 2023	28 Mar 2024	188 Days
25 Redwing Drive, Cannock, Staffordshire, WS12 4TH	£300,000	£297,000	-£3,000	04 Jan 2024	28 Mar 2024	84 Days
70 Uxbridge Street, Hednesford, Cannock, Staffordshire, WS12 1DB	£275,000	£265,000	-£10,000	23 Oct 2023	25 Mar 2024	154 Days
22 Barn Way, Cannock, Staffordshire, WS12 0FP	£210,000	£206,000	-£4,000	17 Oct 2023	22 Mar 2024	157 Days
2 Orchard Gardens, Hednesford, Cannock, Staffordshire, WS12 4RX	£250,000	£250,000	£00	27 Oct 2023	08 Mar 2024	133 Days
11 Otterburn Close, Cannock, Staffordshire, WS12 2TW	£260,000	£260,000	£00	19 Sep 2023	04 Mar 2024	167 Days
11 Fairfield Close, Cannock, Staffordshire, WS12 3TU	£270,000	£240,000	-£30,000	31 Aug 2023	01 Mar 2024	183 Days
3 Levetts Hollow, Hednesford, Cannock, Staffordshire, WS12 2AW	£229,950	£229,950	£00	09 Oct 2023	01 Mar 2024	144 Days
31 Langholm Drive, Cannock, Staffordshire, WS12 2EZ	£195,000	£187,000	-£8,000	09 Aug 2023	29 Feb 2024	204 Days
4 Lupin Drive, Huntington, Cannock, Staffordshire, WS12 4UR	£200,000	£188,000	-£12,000	04 Sep 2023	16 Feb 2024	165 Days
40 Langholm Drive, Cannock, Staffordshire, WS12 2EZ	£190,000	£180,000	-£10,000	16 Nov 2023	15 Feb 2024	91 Days
11 Copperkins Road, Hednesford, Cannock, Staffordshire, WS12 2NW	£225,000	£224,000	-£1,000	06 Oct 2023	12 Feb 2024	129 Days
44 Cannock Wood Street, Cannock, Staffordshire, WS12 0PN	£190,000	£185,000	-£5,000	14 Jul 2023	09 Feb 2024	210 Days

Most Expensive Streets in WS12 (Cannock)

Postcode	Street	Area	Average	No. of Sales
WS12 0AB	Fallow Park, Hednesford	Cannock	£585,250	8
WS12 1TA	Heather Valley, Hednesford	Cannock	£469,166	3
WS12 0PG	Rugeley Road, Hazel Slade	Cannock	£398,000	4
WS12 4XD	Tomkinson Heights, Hednesford	Cannock	£393,476	33
WS12 4UH	Orchid Close, Huntington	Cannock	£387,916	6
WS12 2GR	Brisbane Way	Cannock	£385,333	9
WS12 4XJ	Lewis Court, Hednesford	Cannock	£367,273	9
WS12 4UY	Woodbine Close, Huntington	Cannock	£366,250	4
WS12 2UL	Sweetbriar Way	Cannock	£365,000	8
WS12 2GQ	Albany Drive	Cannock	£357,500	3

Least Expensive Streets in WS12 (Cannock)

Postcode	Street	Area	Average	No. of Sales
WS12 4UZ	Violet Close, Huntington	Cannock	£48,650	5
WS12 2GH	Trafalgar House, Nelson Drive	Cannock	£67,666	3
WS12 4ET	Rowley Close, Hednesford	Cannock	£76,250	4
WS12 1RQ	The Sidings, Hednesford	Cannock	£78,056	3
WS12 1QR	Greenslade Grove, Hednesford	Cannock	£89,250	5
WS12 4RN	Sandpiper Close, Hednesford	Cannock	£91,406	8
WS12 1LD	Longacres	Cannock	£97,564	7
WS12 3HZ	The Heath, Cannock Road	Cannock	£101,333	6
WS12 1DA	Woodland Court, Hednesford	Cannock	£105,488	11
WS12 2SG	Hobart Road	Cannock	£105,500	3