The average property value in Cannock Chase is £212,583 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Cannock Chase grew by £20,888. Compare house prices by area
Average property prices in Cannock Chase grew by 10.9% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.2% per year.
If prices in Cannock Chase continue to rise by 4.2% a year, the average property price will be £250,709 in 2025.
There were 1,423 property sales in Cannock Chase in the year ending June 2021, a decrease of 26 when compared to the previous year.
The average price for a house in Cannock Chase ranges from £164,370 for a terraced house to £297,723 for a detached house, with semi-detached in between costing on average £172,973.
The average price for a flat or maisonette in Cannock Chase is £100,093.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Cannock Chase, detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 51.1% from £196,980 to £297,723, semi-detached house prices have risen 48.4% from £116,548 to £172,973, terraced house prices have risen 41.0% from £116,594 to £164,370, and flat prices have risen 15.2% from £86,922 to £100,093.
The most common type of property sold in Cannock Chase during the year ending June 2021 was semi-detached houses, which accounted for 42.2% of properties.
The least commonly available type of property sold in Cannock Chase were flats, which account for 4.7% of properties sold.
Of the properties sold in Cannock Chase during 2021, 0.3% were new build properties.
The average price paid for a new build property in Cannock Chase was £77,847 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (67% of new build properties sold). For existing properties, the most common type is semi-detached houses (44% of existing properties sold).
The most common price band for property sales in Cannock Chase is £150k - £200k, which accounted for 20.4% of properties sold in 2021.
The cheapest properties in Cannock Chase were in the £50k - £100k price bracket, accounting for 2.6% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics