Property Data OutlookCannock Chase
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for Cannock Chase
Key indicators for buyers
The Cannock Chase market is moderately favourable for buyers. Prices are rising at 5.1%, which may favour acting sooner rather than later. Affordability has improved from a peak of 8.0x in 2022 to 6.3x today. Rising rents (£837/mo, +4.8%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Cannock Chase costs 6.3x the local median salary — moderate, improving from a peak of 8.0x in 2022.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Cannock Chase is £837, up 4.8% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Cannock Chase price of £232,639 with a 25% deposit (£58k), a 2-year fixed mortgage at 3.97% costs around £918 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£918) are £81 more than renting (£837). However, buying requires an upfront deposit of £58k — it would take around 10 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
128, CANNOCK ROAD WS11 5BZ | Semi-detached | £135,000 | 26 Jan 2026 |
19, LOVETT COURT WS15 2QD | Terraced | £145,000 | 23 Jan 2026 |
39, GRASMERE PLACE WS11 4PA | Semi-detached | £152,500 | 23 Jan 2026 |
15, CURZON PLACE WS15 1NX | Semi-detached | £162,500 | 19 Jan 2026 |
35, KEATS AVENUE WS11 5JY | Terraced | £121,500 | 16 Jan 2026 |
197, BELT ROAD, HEDNESFORD WS12 4JA | Terraced | £190,000 | 16 Jan 2026 |
31, GREENWOOD PARK, HEDNESFORD WS12 4DQ | Detached |
Explore postcodes in Cannock Chase
4postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.