According to the public record, 42, Victoria Street, Cannock is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Victoria Street, Broomhill, Cannock, WS11 is located in the borough of Cannock Chase within the WS11 postal district.
42, Victoria Street, Cannock has 3 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 42 Victoria Street Cannock as £91,172 and the rental value as £611 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 42 Victoria Street Cannock has increased by £1,489 (1.6%) and its rental value has increased by £18 per month (2.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 42, Victoria Street, Cannock is in very good condition we estimate a sale value of £95,730 and rental value of £641 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £84,790 and a rental value of £568 per month.
If you were able to purchase this property for the estimated value of £91,172, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £448 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 42, Victoria Street, Cannock was last sold on 26 May 2022 for £93,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2022, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Victoria Street, Cannock within a radius of 530 metres over the last 2 years.
The most recent example is 26, Albion Place, Cannock, WS11 5QS, a Leasehold flat which sold for £100,000 in Jun 2022.
Read more about house prices in WS11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Street, Broomhill, Cannock, WS11 has a total of 38 addresses. According to our analysis of all the public data, 42, Victoria Street, Cannock is the 32nd largest and the 36th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in WS11.
42, Victoria Street, Cannock has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Aug 2014.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 42, Victoria Street, Cannock is Cannock station which is 1.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 42, Victoria Street, Cannock, 30.6% of property is privately owned outright and 28.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 42, Victoria Street, Cannock, 9.2% of residents are recorded as possessing school level qualifications and 16.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 42, Victoria Street, Cannock, the average age was 39.9 and the most common age was 37.
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 42, Victoria Street, Cannock, 0.5% 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 42, Victoria Street, Cannock, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.