Average Price for property in Cherry Bank, Hednesford, Cannock, WS12 is around £124,531 which varies based on type of property you are interested in and ranges from £175,440 for detached house to around £128,291 for semi-detached. Similarly terraced house is around £36,023. Values have been changing and have risen £1,289 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,030 in last 6 months, £9,726 in last 1 year, £12,412 in last 2 years, £16,455 in last 3 years, £13,215 in last 4 years and £12,232 in last 5 years.
Currently average asking price of a property in Cherry Bank, Hednesford, Cannock, WS12 is around £193,473 based on approximately 1 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £575 per month.
Estimated property value in Cherry Bank, Hednesford, Cannock, WS12 is £124,531. Average asking price is £193,473 while average price paid is £112,000 which is up by £9,726 and Avg. asking rent £575.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 Cherry Bank, Hednesford, Cannock, WS12 area. In last 1 year alone average price buyer paid is around £112,000 based on approximately 1 sales in Cherry Bank, Hednesford, Cannock, WS12 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £126,000. 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 £126,000 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £113,750 per sale.