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House Prices in WS11

The average house price in WS11 (Cannock) is £222,468 using HM Land Registry data.

The average property price increased by £68,212 (25.87%) over the last 5 years and increased by £13,636 (3.91%) over the last 12 months.

Over the last year, there were 392 residential property sales – a decrease of 276 transactions (-70.41%) relative to the previous year. The majority of house sales (98) were in the £172,000 - £214,000 range. Then came properties in the £130,000 - £172,000 range, where 78 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,862 (-2%).

In June 2024, there were 78 new estate agency instructions, 76 agreed home sales and 73 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.

Property Market Heat Gauge for WS11 (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 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
30 Albert Street, Cannock, Staffordshire, WS11 5JA	£285,000	£280,000	-£5,000	02 May 2024	17 May 2024	15 Days
67 Sankey Road, Cannock, Staffordshire, WS11 6DT	£219,950	£202,500	-£17,450	02 Sep 2023	03 May 2024	244 Days
55 Lakeside Drive, Norton Canes, Cannock, Staffordshire, WS11 9RH	£290,000	£285,000	-£5,000	21 Oct 2023	30 Apr 2024	192 Days
2 Dee Grove, Cannock, Staffordshire, WS11 1LN	£205,000	£200,000	-£5,000	12 Jul 2023	26 Apr 2024	289 Days
5 Lambourne Way, Norton Canes, Cannock, Staffordshire, WS11 9FA	£380,000	£355,000	-£25,000	05 Aug 2023	18 Apr 2024	257 Days
42 Lingfield Road, Norton Canes, Cannock, Staffordshire, WS11 9FJ	£255,000	£252,000	-£3,000	30 Oct 2023	17 Apr 2024	170 Days
3 Dee Grove, Cannock, Staffordshire, WS11 1LN	£280,000	£260,000	-£20,000	31 Dec 2023	12 Apr 2024	103 Days
14 Meadowhill Drive, Cannock, Staffordshire, WS11 6NA	£235,000	£220,000	-£15,000	11 Oct 2023	28 Mar 2024	169 Days
8 Red Lion Crescent, Norton Canes, Cannock, Staffordshire, WS11 9QS	£220,000	£217,000	-£3,000	04 Dec 2023	27 Mar 2024	114 Days
71 Pye Green Road, Cannock, Staffordshire, WS11 5RY	£179,950	£174,000	-£5,950	01 Nov 2023	22 Mar 2024	142 Days
37 Dorchester Road, Cannock, Staffordshire, WS11 1QF	£380,000	£380,000	£00	21 Nov 2023	08 Mar 2024	108 Days
28 High Street, Norton Canes, Cannock, Staffordshire, WS11 9QQ	£179,500	£177,000	-£2,500	02 Sep 2023	06 Mar 2024	186 Days
40 Beech Tree Lane, Cannock, Staffordshire, WS11 1AZ	£240,000	£240,000	£00	24 Jul 2023	01 Mar 2024	221 Days
68 New Street, Bridgtown, Cannock, Staffordshire, WS11 0DE	£169,950	£164,000	-£5,950	26 May 2023	01 Mar 2024	280 Days
217 Stafford Road, Cannock, Staffordshire, WS11 4AS	£200,000	£195,000	-£5,000	06 Sep 2023	01 Mar 2024	177 Days
9 Oxford Green, Cannock, Staffordshire, WS11 8UE	£85,000	£80,000	-£5,000	24 Oct 2023	01 Mar 2024	129 Days
355 Cemetery Road, Cannock, Staffordshire, WS11 4AY	£290,000	£280,000	-£10,000	21 Jul 2023	01 Mar 2024	224 Days
56 Watling Street, Bridgtown, Cannock, Staffordshire, WS11 0BN	£140,000	£135,750	-£4,250	01 Aug 2023	28 Feb 2024	211 Days
118 Bevan Lee Road, Cannock, Staffordshire, WS11 4PT	£190,000	£190,000	£00	27 Jul 2023	16 Feb 2024	204 Days
46 Silver Birch Road, Norton Canes, Cannock, Staffordshire, WS11 9QH	£195,000	£195,000	£00	20 Oct 2023	09 Feb 2024	112 Days

Most Expensive Streets in WS11 (Cannock)

Postcode	Street	Area	Average	No. of Sales
WS11 9PE	Washbrook Lane, Norton Canes	Cannock	£561,500	3
WS11 0LT	Lodge Lane	Cannock	£527,666	3
WS11 1HN	New Penkridge Road	Cannock	£493,166	6
WS11 1HY	Old Penkridge Road	Cannock	£482,500	7
WS11 1EX	Gorsey Lane	Cannock	£475,500	6
WS11 1RF	Sandy Lane	Cannock	£454,661	9
WS11 1LD	Hatherton Croft	Cannock	£449,166	3
WS11 1HT	Nirvana Close	Cannock	£445,000	3
WS11 1HR	Ferndell Close	Cannock	£436,666	3
WS11 1TN	Dursley Drive	Cannock	£429,000	3

Least Expensive Streets in WS11 (Cannock)

Postcode	Street	Area	Average	No. of Sales
WS11 0EN	Riverside Court, Girton Road	Cannock	£69,750	4
WS11 0EH	Rowan Croft, Price Street, Cannock	Cannock	£69,916	6
WS11 5JQ	Woodford End, Chadsmoor	Cannock	£73,250	4
WS11 0ER	Chapel Court, Bridgtown	Cannock	£79,333	3
WS11 0EP	Kenilworth Court, Mill Street, Cannock	Cannock	£82,500	7
WS11 9UD	Richard Court, Norton Terrace	Cannock	£94,500	3
WS11 5UH	Datteln Road	Cannock	£96,833	3
WS11 0BT	Park Street	Cannock	£101,325	10
WS11 1LU	Chalfont Court, Wolverhampton Road	Cannock	£101,416	6
WS11 4AR	Chetwynd Gardens	Cannock	£102,333	3