8, NELSON DRIVE, CANNOCK, WS12 2GF - £60,000

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.

8 NELSON DRIVE is a very small flat of 29m², built sometime between 1983 and 1990, which could now be worth an estimated £57,975. It was last sold for £60,000 in January 2023, which was around 44% below the average January 2023 flat price in the Cannock Chase local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was C.

8 NELSON DRIVE Sold Prices

Land registry data shows two sales for 8 NELSON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Cannock Chase local authority area for the corresponding sale date. Both of the two 8 NELSON DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 16 JAN	£60,000	£107,373	44% below HPI
2020 31 MAY	£52,132	£84,412	38% below HPI

What might 8 NELSON DRIVE be worth now?

8 NELSON DRIVE might now be worth an estimated £57,975.

This is based on house price deflation of 3.4%, between January 2023 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 3.4% deflationary decrease is applied to the most recent sale price for 8 NELSON DRIVE of £60,000 on 16th January 2023. For the value to have decreased from £60,000 to £57,975 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of 8 NELSON DRIVE has moved in line with the HPI for flats in the Cannock Chase local authority area.
• The January 2023 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NELSON DRIVE has not materially changed since January 2023.

How Large is 8 NELSON DRIVE?

8 NELSON DRIVE is 29m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of flats in Cannock, based on EPC data. 2% of flats are smaller than 8 NELSON DRIVE, and 98% of flats are larger. Note that EPC data is not available for all properties in Cannock.

8 NELSON DRIVE: Plot

8 NELSON DRIVE sits on a plot of roughly 0.294 of an acre, or 1,190m².

Where is 8 NELSON DRIVE?

8 NELSON DRIVE is located in CANNOCK, in the WS12 postcode district.