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Cannock House Prices Cannock House Prices

The average house price in Cannock is £241,281 using HM Land Registry data.

The average property price increased by £60,856 (31.78%) over the last 5 years and increased by £12,194 (5.08%) over the last 12 months.

Over the last year, there were 608 residential property sales – a decrease of 179 transactions (-29.44%) relative to the previous year. The majority of house sales (172) were in the £174,000 - £218,000 range. Then came properties in the £218,000 - £262,000 range, where 128 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 119 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,401 (-2%).

In Dec 24, there were 83 new estate agency instructions, 54 agreed home sales and 51 property price reductions.

Neighbouring Areas: Great Wyrley and Cheslyn Hay

Postcodes Covered: WS11, WS12

5-Year Average Property Prices in Cannock

31.78%

Property prices in Cannock increased by 31.78% 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 Cannock Over the Last Year

5.08%

Property prices in Cannock increased by 5.08% 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 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 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 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 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 Cannock since 1995

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

Recent Property Sales in Cannock

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Balmoral Drive, Hednesford, Cannock, Staffordshire, WS12 4LT£270,000£257,500-£12,50023 Jul 202418 Nov 2024118 Days
43 Lilac Avenue, Cannock, Staffordshire, WS11 0AR£175,000£172,500-£2,50003 Jul 202415 Nov 2024135 Days
10 Lloyd George Grove, Cannock, Staffordshire, WS11 7GY£340,000£333,000-£7,00005 Feb 202415 Nov 2024284 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
5 Shirehall Place, Cannock, Staffordshire, WS11 7YD£420,000£410,000-£10,00005 Jun 202408 Nov 2024156 Days
26 Remington Drive, Cannock, Staffordshire, WS11 0EG£170,000£170,000£0025 Feb 202408 Nov 2024257 Days
203 Stafford Road, Cannock, Staffordshire, WS11 4AS£160,000£110,000-£50,00026 Dec 202308 Nov 2024318 Days
91 Cemetery Road, Cannock, Staffordshire, WS11 5QG£180,000£168,000-£12,00004 May 202408 Nov 2024188 Days
1 Elgar Close, Cannock, Staffordshire, WS11 4QY£190,000£186,000-£4,00015 May 202408 Nov 2024177 Days
10 Ullswater Place, Cannock, Staffordshire, WS11 1DX£295,000£289,000-£6,00019 Jun 202408 Nov 2024142 Days
23 Sunfield Road, Cannock, Staffordshire, WS11 1NJ£290,000£269,000-£21,00001 Jun 202408 Nov 2024160 Days
23 Tudor Road, Hednesford, Cannock, Staffordshire, WS12 4JU£249,999£240,000-£9,99909 Nov 202301 Nov 2024358 Days
4 Chestnut Close, Cannock, Staffordshire, WS11 7WD£95,000£95,000£0020 May 202401 Nov 2024165 Days
18 Kenmore Avenue, Hednesford, Cannock, Staffordshire, WS12 4SD£260,000£254,000-£6,00004 Jan 202431 Oct 2024301 Days
21 Westminster Road, Cannock, Staffordshire, WS11 4RB£185,000£180,000-£5,00029 May 202430 Oct 2024154 Days
85 Albert Street, Cannock, Staffordshire, WS11 5JD£299,950£299,950£0006 Jun 202428 Oct 2024144 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
33 Lovatt Place, Cannock, Staffordshire, WS11 5FH£230,000£225,000-£5,00006 Jun 202425 Oct 2024141 Days

Most Expensive Streets in Cannock

PostcodeStreetAreaAverageNo. of Sales
WS11 1RFSandy LaneCannock£512,9449
WS11 1HYOld Penkridge RoadCannock£482,5007
WS11 1EXGorsey LaneCannock£475,5006
WS11 1LDHatherton CroftCannock£446,3754
WS11 1HTNirvana CloseCannock£445,0003
WS12 1TAHeather ValleyHednesford£429,3754
WS11 1TNDursley DriveCannock£429,0003
WS11 1HNNew Penkridge RoadCannock£425,7508
WS12 2GRBrisbane WayCannock£425,2857
WS11 1HWNew Penkridge RoadCannock£416,5628

Least Expensive Streets in Cannock

PostcodeStreetAreaAverageNo. of Sales
WS11 0ENRiverside CourtGirton Road£61,6663
WS12 2GDHamilton CloseCannock£65,5836
WS12 2GHTrafalgar HouseNelson Drive£67,6663
WS11 0EHRowan CroftPrice Street, Cannock£73,5004
WS12 4ETRowley CloseHednesford£76,2504
WS12 1AZTrent HouseEskrett Street, Hednesford£77,5003
WS11 0EPKenilworth CourtMill Street, Cannock£82,5007
WS11 5JQWoodford EndChadsmoor£83,2504
WS12 1RQThe SidingsHednesford£88,8903
WS11 0YTCarfaxCannock£91,0003

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