West Midlands county cost comparison of new homes and older homes
June 2019 - May 2020
The price of a newly built property is £234k in West Midlands county county. The price increased by £10.8k (5%) over the last twelve months. The price of an established property is £205k. There were 2117 sales of newly build properties. Most new properties were sold in the £150k-£200k price range with 639 (30.2%) properties sold, followed by £200k-£250k price range with 481 (22.7%) properties sold. Most new homes were sold in B1 3, with 272 sold to date from June 2019 - May 2020.
| West Midlands county county | England and Wales |
|---|---|
£234kaverage price of a new property | £342kaverage price of a new property |
5%average price percentage change | 1%average price percentage change |
£10.8kaverage price change | £4.9kaverage price change |
June 2019 - May 2020
June 2019 - May 2020
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between June 2019 - May 2020. See also West Midlands county property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| £50k-£100k | 3.1% | 66 |
| £100k-£150k | 11.5% | 244 |
| £150k-£200k | 30.2% | 639 |
| £200k-£250k | 22.7% | 481 |
| £250k-£300k | 15.7% | 332 |
| £300k-£400k | 11.5% | 244 |
| £400k-£500k | 3.0% | 63 |
| £500k-£750k | 1.9% | 41 |
| £750k-£1M | 0.2% | 4 |
| over £1M | 0.1% | 3 |
June 2019 - May 2020
June 2019 - May 2020
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year
