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In this area, apartments of this size are normally studios.
Flat 5, 49, Park Street, Cannock has an estimated sale value of £68,281 and an estimated rental value of £386 per month, assuming reasonable condition and based on the information available.
The apartment sits within 49, Park Street, Cannock, WS11.
Park Street, Cannock, WS11 lies in the borough of Cannock Chase, within the WS11 postal district.
Flat 5, 49, Park Street, Cannock has a single entry in the Land Registry from June 2020 and a single entry in the EPC database dated April 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate Flat 5, 49, Park Street, Cannock would be worth £71,695, with a potential rental value of £405 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £63,502, with a rental value of £359 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 5, 49, Park Street, Cannock has increased by £1,062 (1.6%) over the last year. During the same period, its estimated monthly rental value has grown by £10 (2.7%). The property's estimated gross yield is currently 6.8%.
Flat 5, 49, Park Street, Cannock has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Apr 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Flat 5, 49, Park Street, Cannock last changed hands on 15th June 2020, selling for £82,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 22.7% since June 2020.
Land Registry records and our Estate Agent network show 3 sales within 800 metres of Flat 5, 49, Park Street, Cannock across the last 2 years.
Most recently, Flat 4, 49, Park Street, Cannock, WS11 0BT, a leasehold flat, sold at £105,250 on the 11th August 2023.
Read more about house prices in WS11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 5, 49, Park Street, Cannock as the 60th largest and the 60th most expensive of the 60 addresses on Park Street, Cannock, WS11.
Against the WS11 postcode district average, it is £194k less expensive than the typical property.
Cannock station is the nearest stop to Flat 5, 49, Park Street, Cannock at 1.3 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 49, Park Street, Cannock, 51.1% of property is privately rented and 18.8% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 5, 49, Park Street, Cannock, 11.7% of residents are recorded as possessing school level qualifications and 15.9% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 5, 49, Park Street, Cannock, the average age was 39.7 and the most common age was 27.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 5, 49, Park Street, Cannock, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 5, 49, Park Street, Cannock, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.