Cannock Property Market Overview
Southern Staffordshire town with affordable values and proximity to Birmingham's employment base
The Cannock property market recorded 943 residential sales over the past 12 months, with a median sale price of £215,000. This places Cannock £12k below the Staffordshire county median of £227,000, and £70k below the UK national median of £285,000.
Prices in Cannock have shown a moderate decline, with a year-on-year change of -3.4%. Within Staffordshire, Cannock ranks 5th by price out of 7 principal towns, and 6th by transaction volume.
Cannock House Prices by Property Type
Property prices in Cannock vary significantly by type. The table below compares Cannock prices with Staffordshire county averages and UK national figures.
| Type | Cannock | Staffordshire Avg | UK Avg |
|---|---|---|---|
| Detached | £335,000 | £350,000 | £420,000 |
| Semi-detached | £208,000 | £219,000 | £265,000 |
| Terraced | £178,000 | £178,000 | £230,000 |
| Flat | £115,000 | £115,000 | £225,000 |
Detached homes in Cannock command £335,000, while flat properties are most accessible at £115,000. The £220k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.
Median Price by Property Type
New Build Homes in Cannock
Cannock recorded 0 new-build transactions in the past 12 months, representing 0.0% of total sales. New-build supply is limited, potentially indicating either planning constraints or an untapped opportunity for developers.
New-build properties in Cannock traded at a discount of 100.0% versus existing stock. Developers should focus on specification, design quality, and location to maximise values above comparable second-hand stock.
Across the wider Staffordshire market, 173 new-build completions were recorded — see our Staffordshire property market report for the full county picture.
Recent Property Sales in Cannock
The following table shows the most recent property transactions recorded in Cannock, providing real-time evidence of achieved prices for buyers, sellers, and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £250,000 | Semi-detached | WS11 0GL | 2026-02-19 | Existing |
| £126,500 | Semi-detached | WS12 0PX | 2026-02-18 | Existing |
| £320,000 | Detached | WS15 2LW | 2026-02-16 | Existing |
| £225,000 | Detached | WS11 9RR | 2026-02-16 | Existing |
| £380,000 | O | WS11 0JR | 2026-02-16 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £126,500 to £380,000 illustrates the breadth of the Cannock market.
Development Finance in Cannock
For developers considering Cannock, the local market data translates directly into finance structuring. With a median value of £215,000 and detached homes at £335,000, lenders can assess scheme viability with confidence.
A typical development finance facility for a Cannock scheme with a GDV of £335,000 would attract senior debt of approximately £217,750 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.
While prices have softened 3.4% year-on-year, experienced developers can still generate strong returns in Cannock by targeting well-located sites with clear demand drivers.
Ready to develop in Cannock? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
Cannock Compared to Nearby Staffordshire Towns
To put Cannock's market in context, the table below compares it with similarly-priced towns across Staffordshire:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| Cannock | £215,000 | 943 | -3.4% |
| Burton upon Trent | £227,000 | 1,377 | -1.3% |
| Newcastle-under-Lyme | £189,500 | 1,324 | +2.4% |
| Tamworth | £245,000 | 794 | +3.2% |
| Stafford | £250,000 | 1,364 | 0% |
| Stoke-on-Trent | £140,000 | 2,592 | 0% |
For the full Staffordshire town-by-town breakdown, see our comprehensive Staffordshire property market report.
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From 12% p.a. · Up to 85-90% LTGDVRelated Reports
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5 min readFrequently Asked Questions
What is the average house price in Cannock?
The median house price in Cannock is £215,000, based on 943 transactions over the past 12 months. Detached homes average £335,000 while flat properties average £115,000.
Are house prices rising or falling in Cannock?
House prices in Cannock are falling at -3.4% year-on-year. This decline may present buying opportunities for investors and developers. The wider Staffordshire market is falling at -0.1%.
How many properties sold in Cannock recently?
Cannock recorded 943 residential property sales in the past 12 months. This high volume indicates a liquid, active market.
What development finance is available for projects in Cannock?
Developers in Cannock can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.