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Norton Canes House Prices Norton Canes House Prices

The average house price in Norton Canes is £385,000 using HM Land Registry data.

The average property price increased by £87,999 (42.78%) over the last 5 years and increased by £17,588 (6.37%) over the last 12 months.

Over the last year, there were 77 residential property sales – a decrease of 107 transactions (-138.96%) relative to the previous year. The majority of house sales (19) were in the £242,000 - £278,000 range. Then came properties in the £170,000 - £206,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 45 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,911 (-2%).

In April 2024, there were 27 new estate agency instructions, 16 agreed home sales and 14 property price reductions.

Postcodes Covered: WS11, WS8

5-Year Average Property Prices in Norton Canes

42.78%

Property prices in Norton Canes increased by 42.78% 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 Norton Canes Over the Last Year

6.37%

Property prices in Norton Canes increased by 6.37% 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 Norton Canes - April 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 Norton Canes

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 Norton Canes

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 Norton Canes

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 Norton Canes since 1995

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

Recent Property Sales in Norton Canes

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
46 Silver Birch Road, Norton Canes, Cannock, Staffordshire, WS11 9QH£195,000£195,000£0020 Oct 202309 Feb 2024112 Days
26 Poplar Street, Norton Canes, Cannock, Staffordshire, WS11 9SG£215,000£205,000-£10,00008 Aug 202309 Feb 2024185 Days
33 Park Road, Norton Canes, Cannock, Staffordshire, WS11 9PZ£230,000£207,500-£22,50015 Jun 202312 Jan 2024211 Days
51 Newbury Road, Norton Canes, Cannock, Staffordshire, WS11 9FB£399,950£385,000-£14,95026 Sep 202315 Dec 202380 Days
15 Chapel Street, Norton Canes, Cannock, Staffordshire, WS11 9NX£190,000£187,500-£2,50023 Jun 202329 Nov 2023159 Days
3 Beaumont Way, Norton Canes, Cannock, Staffordshire, WS11 9FQ£350,000£342,500-£7,50015 Feb 202324 Nov 2023282 Days
34 Church Vale, Norton Canes, Cannock, Staffordshire, WS11 9PJ£385,000£385,000£0030 May 202326 Oct 2023149 Days
10 Hussey Road, Norton Canes, Cannock, Staffordshire, WS11 9TP£270,000£265,000-£5,00015 Mar 202325 Oct 2023224 Days
5 Chequers Court, Norton Canes, Cannock, Staffordshire, WS11 9UQ£200,000£200,000£0027 Jul 202317 Oct 202382 Days
14 Pennycress Green, Norton Canes, Cannock, Staffordshire, WS11 9SX£285,000£285,000£0024 Jul 202306 Oct 202374 Days
22 Mallard Way, Norton Canes, Cannock, Staffordshire, WS11 9BA£300,000£295,000-£5,00029 Mar 202306 Oct 2023191 Days
1 Norton Springs, Norton Canes, Cannock, Staffordshire, WS11 9TX£290,000£290,000£0017 Apr 202322 Sep 2023158 Days
50 Brownhills Road, Norton Canes, Cannock, Staffordshire, WS11 9SE£160,000£142,000-£18,00031 Oct 202221 Sep 2023325 Days
164 Burntwood Road, Norton Canes, Cannock, Staffordshire, WS11 9RL£350,000£345,000-£5,00017 May 202315 Sep 2023121 Days
4 Newmarket Road, Norton Canes, Cannock, Staffordshire, WS11 9FF£375,000£375,000£0013 Apr 202301 Sep 2023141 Days
13 Cherry Tree Road, Norton Canes, Cannock, Staffordshire, WS11 9QL£170,000£170,000£0027 Apr 202324 Aug 2023119 Days
2 Norton Grange Crescent, Norton Canes, Cannock, Staffordshire, WS11 9RA£285,000£280,000-£5,00015 Apr 202324 Aug 2023131 Days
111 Norton East Road, Norton Canes, Cannock, Staffordshire, WS11 9RR£300,000£290,000-£10,00013 Jan 202314 Aug 2023213 Days
10 Washbrook Lane, Norton Canes, Cannock, Staffordshire, WS11 9PE£575,000£551,500-£23,50022 Mar 202328 Jul 2023128 Days
14 Red Lion Crescent, Norton Canes, Cannock, Staffordshire, WS11 9QS£210,000£200,000-£10,00026 Dec 202228 Jul 2023214 Days

Most Expensive Streets in Norton Canes

PostcodeStreetAreaAverageNo. of Sales
WS11 9BEShearwater WayNorton Canes£371,0874
WS11 9BDKinglet WayNorton Canes£347,6805
WS11 9RWNorton East RoadNorton Canes£338,3703
WS11 9FFNewmarket RoadNorton Canes£337,1666
WS11 9AQSandmartin DriveNorton Canes£333,95911
WS11 9BAMallard WayNorton Canes£332,14724
WS11 9ASBayberry WayNorton Canes£326,94316
WS11 9AUCandleberry DriveNorton Canes£321,99910
WS11 9AWCottonwood CroftNorton Canes£318,6287
WS11 9FBNewbury RoadNorton Canes£311,9378

Least Expensive Streets in Norton Canes

PostcodeStreetAreaAverageNo. of Sales
WS11 9UDRichard CourtNorton Terrace£94,5003
WS11 9PTKnights CourtBettys Lane£117,9938
WS11 9NWSt James PlaceNorton Canes£132,8336
WS11 9QQHigh StreetNorton Canes£144,5833
WS11 9PLButts WayNorton Canes£150,0006
WS11 9RSNorton East RoadNorton Canes£157,1505
WS11 9RYNorton TerraceNorton Canes£170,00010
WS11 9QHSilver Birch RoadNorton Canes£171,6663
WS11 9PZPark RoadNorton Canes£175,3128
WS11 9SFBrownhills RoadNorton Canes£175,6124

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