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House Prices in WS12 House Prices in WS12 (Cannock)

The average house price in WS12 (Cannock) is £229,628 using HM Land Registry data.

The average property price increased by £58,225 (50.24%) over the last 5 years and increased by £11,666 (6.52%) over the last 12 months.

Over the last year, there were 383 residential property sales – a decrease of 100 transactions (-26.11%) relative to the previous year. The majority of house sales (98) were in the £174,000 - £218,000 range. Then came properties in the £218,000 - £262,000 range, where 86 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 139 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,087 (-2%).

In Dec 24, there were 42 new estate agency instructions, 26 agreed home sales and 28 property price reductions.

Nearby Postcodes: DE13, ST14, ST16, ST17, ST18, ST19, ST20, TF11, WS11, WS13, WS14, WS15, WS3, WS6, WS7, WS8, WV10, WV8, WV9

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.

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 WS12 (Cannock) - Dec 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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
359 Rawnsley Road, Hednesford, Cannock, Staffordshire, WS12 1RD£375,000£130,000-£245,00028 Aug 202425 Nov 202489 Days
27 Heathbank Drive, Huntington, Cannock, Staffordshire, WS12 4NY£210,000£200,000-£10,00019 Apr 202422 Nov 2024217 Days
11 Balmoral Drive, Hednesford, Cannock, Staffordshire, WS12 4LT£270,000£257,500-£12,50023 Jul 202418 Nov 2024118 Days
25 Haymaker Way, Wimblebury, Cannock, Staffordshire, WS12 0FU£400,000£390,000-£10,00019 Jul 202408 Nov 2024112 Days
79 View Street, Hednesford, Cannock, Staffordshire, WS12 4JE£400,000£380,000-£20,00029 Jul 202408 Nov 2024102 Days
2 Lichen Close, Huntington, Cannock, Staffordshire, WS12 4NZ£280,000£278,000-£2,00015 May 202405 Nov 2024174 Days
23 Tudor Road, Hednesford, Cannock, Staffordshire, WS12 4JU£249,999£240,000-£9,99909 Nov 202301 Nov 2024358 Days
18 Kenmore Avenue, Hednesford, Cannock, Staffordshire, WS12 4SD£260,000£254,000-£6,00004 Jan 202431 Oct 2024301 Days
197 Rawnsley Road, Cannock, Staffordshire, WS12 1JQ£195,000£195,000£0023 May 202428 Oct 2024158 Days
13 Gratley Croft, Cannock, Staffordshire, WS12 4PY£200,000£195,000-£5,00031 Jan 202425 Oct 2024268 Days
4 Glendene Road, Hednesford, Cannock, Staffordshire, WS12 1QJ£295,000£290,000-£5,00004 Jun 202425 Oct 2024143 Days
198 Green Heath Road, Hednesford, Cannock, Staffordshire, WS12 4AZ£190,000£185,000-£5,00005 Jun 202425 Oct 2024142 Days
609 Littleworth Road, Cannock, Staffordshire, WS12 1QQ£380,000£360,000-£20,00011 May 202425 Oct 2024167 Days
12 Stephenson Way, Hednesford, Cannock, Staffordshire, WS12 4AD£300,000£300,000£0009 Aug 202424 Oct 202476 Days
33 Adelaide Drive, Cannock, Staffordshire, WS12 2GP£335,000£325,000-£10,00013 Jul 202424 Oct 2024103 Days
22 Copperkins Road, Hednesford, Cannock, Staffordshire, WS12 2NW£250,000£250,000£0006 Mar 202418 Oct 2024226 Days
67 Hill Street, Hednesford, Cannock, Staffordshire, WS12 2DW£180,000£180,000£0003 Apr 202409 Aug 2024128 Days
37 Fremantle Drive, Cannock, Staffordshire, WS12 2GZ£235,000£230,000-£5,00016 Jan 202409 Aug 2024206 Days
13 Stafford Lane, Hednesford, Cannock, Staffordshire, WS12 1LE£330,000£315,000-£15,00015 Feb 202409 Aug 2024176 Days
3 Jesmond Close, Cannock, Staffordshire, WS12 0JR£150,000£142,000-£8,00006 Feb 202407 Aug 2024183 Days

Most Expensive Streets in WS12 (Cannock)

PostcodeStreetAreaAverageNo. of Sales
WS12 0ABFallow Park, HednesfordCannock£585,2508
WS12 1TAHeather Valley, HednesfordCannock£429,3754
WS12 2GRBrisbane WayCannock£425,2857
WS12 4XDTomkinson Heights, HednesfordCannock£404,44343
WS12 2ULSweetbriar WayCannock£389,0007
WS12 4UHOrchid Close, HuntingtonCannock£387,9166
WS12 2GXKeys Close, HednesfordCannock£387,4005
WS12 0PGRugeley Road, Hazel SladeCannock£375,8005
WS12 4XJLewis Court, HednesfordCannock£367,2739
WS12 4UYWoodbine Close, HuntingtonCannock£366,2504

Least Expensive Streets in WS12 (Cannock)

PostcodeStreetAreaAverageNo. of Sales
WS12 2GDHamilton CloseCannock£65,5836
WS12 2GHTrafalgar House, Nelson DriveCannock£67,6663
WS12 4ETRowley Close, HednesfordCannock£76,2504
WS12 1AZTrent House, Eskrett Street, HednesfordCannock£77,5003
WS12 4UZViolet Close, HuntingtonCannock£80,6505
WS12 1RQThe Sidings, HednesfordCannock£88,8903
WS12 4RNSandpiper Close, HednesfordCannock£91,4068
WS12 1QRGreenslade Grove, HednesfordCannock£96,2505
WS12 1LDLongacresCannock£100,7787
WS12 1DAWoodland Court, HednesfordCannock£106,03710

Explore WS12 (Cannock) using map

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