2, PICASSO CLOSE, CANNOCK, WS11 7GN - £44,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 PICASSO CLOSE is a very small flat of 42m², built sometime between 1991 and 1995, which could now be worth an estimated £108,109. It was last sold for £44,000 in August 2002, which was around 4% above the average August 2002 flat price in the Cannock Chase local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was C.

2 PICASSO CLOSE Sold Prices

Land registry data shows one sale for 2 PICASSO CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Cannock Chase local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2002 1 AUG	£44,000	£42,226	4% above HPI

What might 2 PICASSO CLOSE be worth now?

2 PICASSO CLOSE might now be worth an estimated £108,109.

This is based on house price inflation of 145.7%, between August 2002 and May 2026, for flats, in the Cannock Chase local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 145.7% inflationary increase is applied to the most recent sale price for 2 PICASSO CLOSE of £44,000 on 1st August 2002. For the value to have increased from £44,000 to £108,109 over the 24 years and three months to May 2026, the following assumptions must hold true:

• The value of 2 PICASSO CLOSE has moved in line with the HPI for flats in the Cannock Chase local authority area.
• The August 2002 sale price of £44,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PICASSO CLOSE has not materially changed since August 2002.

How Large is 2 PICASSO CLOSE?

2 PICASSO CLOSE is 42m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of flats in Cannock, based on EPC data. 18% of flats are smaller than 2 PICASSO CLOSE, and 78% of flats are larger. Note that EPC data is not available for all properties in Cannock.

2 PICASSO CLOSE: Plot

2 PICASSO CLOSE sits on a plot of roughly 0.246 of an acre, or 996m².

Where is 2 PICASSO CLOSE?

2 PICASSO CLOSE is located in CANNOCK, in the WS11 postcode district.