Property investment stats for Cannock, West Midlands

• Strong rental yields are available, with the average at 5.2% and the top postcode district offering 5.4%.
• Recent capital growth has been reassuring, with a 1-year growth of 2.3% and a 3-year growth of 12.3%, showing that values have moved in the right direction.
• The combination of a median asking sale price for a 3-bedroom house of £260,000 and a median rent for the same property at £1,050 suggests a healthy balance between purchase price and rental income.

• The proportion of degree-educated residents is only in the 16th percentile, which may limit the area's appeal for some higher-income renters or buyers.
• The private rented sector is relatively small, in the 34th percentile, so investors may face less competition but also a smaller tenant pool.
• The student population is low, in the 27th percentile, so student lets are unlikely to be a major opportunity here.

Looking ahead, Cannock's fundamentals appear stable, with demand from families and couples likely to support both sales and lettings. The annual sales figure of 740 points to a market with regular activity, and the average days on market of 52 days is a reassuring sign for those worried about liquidity.

Rental yields are likely to remain attractive, given the current balance of prices and rents. While the area may not see explosive growth, the annualised growth over three years of 3.9% suggests a steady upward trend. For investors who favour predictability and a sensible entry price, Cannock continues to tick the right boxes.