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Cannock House Prices

The average house price in Cannock is £202,134 using HM Land Registry data.

The average property price increased by £70,029 (38.64%) over the last 5 years and increased by £13,999 (5.9%) over the last 12 months.

Over the last year, there were 587 residential property sales – a decrease of 418 transactions (-71.21%) relative to the previous year. The majority of house sales (163) were in the £176,000 - £222,000 range. Then came properties in the £130,000 - £176,000 range, where 105 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 70 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,794 (-2%).

In June 2024, there were 136 new estate agency instructions, 103 agreed home sales and 87 property price reductions.

5-Year Average Property Prices in Cannock

38.64%

Property prices in Cannock increased by 38.64% 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

5.9%

Property prices in Cannock increased by 5.9% 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 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 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

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
2 Dee Grove, Cannock, Staffordshire, WS11 1LN	£205,000	£200,000	-£5,000	12 Jul 2023	26 Apr 2024	289 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
270 Green Heath Road, Hednesford, Cannock, Staffordshire, WS12 4AZ	£190,000	£175,000	-£15,000	18 Oct 2023	15 Apr 2024	180 Days
3 Dee Grove, Cannock, Staffordshire, WS11 1LN	£280,000	£260,000	-£20,000	31 Dec 2023	12 Apr 2024	103 Days
86 Bromley Close, Hednesford, Cannock, Staffordshire, WS12 4QY	£180,000	£178,000	-£2,000	22 Sep 2023	28 Mar 2024	188 Days
14 Meadowhill Drive, Cannock, Staffordshire, WS11 6NA	£235,000	£220,000	-£15,000	11 Oct 2023	28 Mar 2024	169 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
71 Pye Green Road, Cannock, Staffordshire, WS11 5RY	£179,950	£174,000	-£5,950	01 Nov 2023	22 Mar 2024	142 Days
2 Orchard Gardens, Hednesford, Cannock, Staffordshire, WS12 4RX	£250,000	£250,000	£00	27 Oct 2023	08 Mar 2024	133 Days
37 Dorchester Road, Cannock, Staffordshire, WS11 1QF	£380,000	£380,000	£00	21 Nov 2023	08 Mar 2024	108 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
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

Most Expensive Streets in Cannock

Postcode	Street	Area	Average	No. of Sales
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
WS12 1TA	Heather Valley	Hednesford	£469,166	3
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
WS11 1HW	New Penkridge Road	Cannock	£416,562	8

Least Expensive Streets in Cannock

Postcode	Street	Area	Average	No. of Sales
WS12 2GH	Trafalgar House	Nelson Drive	£67,666	3
WS11 0EN	Riverside Court	Girton Road	£69,750	4
WS11 0EH	Rowan Croft	Price Street, Cannock	£69,916	6
WS11 5JQ	Woodford End	Chadsmoor	£73,250	4
WS12 4ET	Rowley Close	Hednesford	£76,250	4
WS12 1RQ	The Sidings	Hednesford	£78,056	3
WS11 0ER	Chapel Court	Bridgtown	£79,333	3
WS11 0EP	Kenilworth Court	Mill Street, Cannock	£82,500	7
WS12 1QR	Greenslade Grove	Hednesford	£89,250	5
WS12 4RN	Sandpiper Close	Hednesford	£91,406	8