Area Guide For Cannock

Cannock populace 29,018 at the 2011 statistics, is the most crowded of three towns in the area of Cannock Chase in the focal southern piece of the region of Staffordshire in the West Midlands district of England. Cannock deceives the north of the West Midlands conurbation on the M6, A34 and A5 streets, and to the south of Cannock Chase, an Area of Outstanding Natural Beauty (AONB). Cannock is served by a route station on the Chase Line. The town involves four area gathering discretionary wards and the Cannock South ward incorporates the common ward of Bridgtown, yet whatever is left of Cannock is unparished. Cannock route station shut in 1965 as a component of the Beeching Ax. It revived in 1989 and is a piece of the Rugeley - Cannock - Walsall - Birmingham line worked by London Midland. There are two trains every hour from the station to Rugeley, Walsall, and Birmingham. The trip time to Birmingham is around 45 minutues.


Cannock Map

Estimated Price: £161,661
Average Asking Price: £180,498
Price change in last one year: £12,744
Average Price Paid: £143,247
Average Rent Rates: £704


Property Prices Breakdown in Cannock

Average Price for property in Cannock is around £161,661 which varies based on type of property you are interested in and ranges from £228,150 for detached house to around £136,828 for semi-detached. Similarly terraced house is around £122,824 and a flat is worth £95,801. Values have been changing and have risen £743 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £425 in last 6 months, £12,744 in last 1 year, £17,139 in last 2 years, £22,517 in last 3 years, £18,397 in last 4 years and £17,255 in last 5 years.

Currently average asking price of a property in Cannock is around £180,498 based on approximately 1,046 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £704 per month.

Estimated property value in Cannock is £161,661. Average asking price is £180,498 while average price paid is £151,968 which is up by £12,744 and Avg. asking rent £704.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cannock area. In last 1 year alone average price buyer paid is around £151,968 based on approximately 1,046 sales in Cannock area alone. If you compare it to last 3 years sales of 2,703 properties where buyers paid around £145,808. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £143,247 for 4,097 and average amount paid for purchase of approx. 5,500 properties sold in last 7 years comes to about £142,308 per sale.


Properties For Sale in Cannock


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £112,486, £131,509 for a 2 bedroom house, £166,232 for a 3 bedroom house, £264,284 for a 4 bedroom house and £402,913 for a 5 bedroom house. For a flat similarly the prices varies from £61,068 for a single bedroom to £85,354 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £100,000. To sum up the asking prices for properties in Cannock it comes to around average £72,315 for 1 bedroom property, £119,854 for 2 bedroom, £165,784 for 3 bedroom, £264,284 for 4 bedroom and £402,913 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £551 for 2 bedroom to £650 for 3 bedroom and £907 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £470. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £474. You should be generally be expecting around average £470 rent per month for single bedroom property, £523 for 2 bedroom, £650 for 3 bedroom and approximately £907 for 4 bedroom property in Cannock area.

Popular Houses in Cannock

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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