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House Prices in WS12 House Prices in WS12 (Cannock)

The average house price in WS12 (Cannock) is £213,400 using HM Land Registry data.

The average property price increased by £65,267 (50.24%) over the last 5 years and increased by £13,077 (6.52%) over the last 12 months.

Over the last year, there were 345 residential property sales – a decrease of 150 transactions (-43.48%) relative to the previous year. The majority of house sales (84) were in the £174,000 - £218,000 range. Then came properties in the £218,000 - £262,000 range, where 80 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,707 (-2%).

In Oct 24, there were 89 new estate agency instructions, 64 agreed home sales and 62 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) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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
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
7 Meadow Lark Close, Hednesford, Cannock, Staffordshire, WS12 1UE£235,000£235,000£0027 Jun 202405 Aug 202439 Days
22 Heathbank Drive, Huntington, Cannock, Staffordshire, WS12 4NY£200,000£190,000-£10,00014 Mar 202402 Aug 2024141 Days
342 Green Heath Road, Hednesford, Cannock, Staffordshire, WS12 4HB£205,000£201,000-£4,00019 Feb 202426 Jul 2024158 Days
54 Heath Street, Hednesford, Cannock, Staffordshire, WS12 4BP£157,000£157,000£0008 Apr 202425 Jul 2024108 Days
113 Sharon Way, Hednesford, Cannock, Staffordshire, WS12 2NN£215,000£210,000-£5,00018 Jan 202419 Jul 2024183 Days
2 Peterborough Drive, Cannock, Staffordshire, WS12 3YN£340,000£325,000-£15,00026 Mar 202419 Jul 2024115 Days
130 Hill Street, Hednesford, Cannock, Staffordshire, WS12 2DR£350,000£347,000-£3,00011 Oct 202315 Jul 2024278 Days
6 Silver Fir Close, Hednesford, Cannock, Staffordshire, WS12 4SU£250,000£247,500-£2,50023 Feb 202412 Jul 2024140 Days
12 Mendip Road, Hednesford, Cannock, Staffordshire, WS12 4EZ£240,000£238,000-£2,00031 Jan 202409 Jul 2024160 Days
10 Foxfields Way, Huntington, Cannock, Staffordshire, WS12 4TA£200,000£197,000-£3,00024 Feb 202405 Jul 2024132 Days
19 St Peters Road, Hednesford, Cannock, Staffordshire, WS12 1BL£265,000£260,000-£5,00019 Jan 202402 Jul 2024165 Days
35 High Mount Street, Hednesford, Cannock, Staffordshire, WS12 4BL£190,000£190,000£0006 Feb 202428 Jun 2024143 Days
10 Hillside Close, Hednesford, Cannock, Staffordshire, WS12 4DG£169,500£169,500£0006 Mar 202421 Jun 2024107 Days
37 Longstaff Avenue, Cannock, Staffordshire, WS12 0QE£200,000£180,000-£20,00002 Apr 202414 Jun 202473 Days
3 Buckthorn Close, Hednesford, Cannock, Staffordshire, WS12 4SX£350,000£340,000-£10,00019 Feb 202414 Jun 2024116 Days
Flat 1, The Heath, Cannock Road, Heath Hayes, Cannock, Staffordshire, WS12 3HZ£135,000£130,000-£5,00013 Sep 202314 Jun 2024275 Days

Most Expensive Streets in WS12 (Cannock)

PostcodeStreetAreaAverageNo. of Sales
WS12 0ABFallow Park, HednesfordCannock£585,2508
WS12 1TAHeather Valley, HednesfordCannock£469,1663
WS12 4XDTomkinson Heights, HednesfordCannock£405,93042
WS12 2ULSweetbriar WayCannock£400,5006
WS12 0PGRugeley Road, Hazel SladeCannock£398,0004
WS12 4UHOrchid Close, HuntingtonCannock£387,9166
WS12 2GRBrisbane WayCannock£385,3339
WS12 4XJLewis Court, HednesfordCannock£367,2739
WS12 4UYWoodbine Close, HuntingtonCannock£366,2504
WS12 2GXKeys Close, HednesfordCannock£364,2504

Least Expensive Streets in WS12 (Cannock)

PostcodeStreetAreaAverageNo. of Sales
WS12 4UZViolet Close, HuntingtonCannock£48,6505
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 1RQThe Sidings, HednesfordCannock£81,6674
WS12 4RNSandpiper Close, HednesfordCannock£91,4068
WS12 1QRGreenslade Grove, HednesfordCannock£96,2505
WS12 1LDLongacresCannock£100,7787
WS12 1DAWoodland Court, HednesfordCannock£105,48811

Explore WS12 (Cannock) using map

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