West Midlands county cost comparison of new homes and older homes
July 2021 - June 2022
The price of a newly built property is £265k in West Midlands county county. The price increased by £11.7k (5%) over the last twelve months. The price of an established property is £232k. There were 397 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 121 (30.5%) properties sold, followed by £250k-£300k price range with 86 (21.7%) properties sold. Most new homes were sold in B15 1, with 64 sold to date from July 2021 - June 2022.
| West Midlands county county | England and Wales |
|---|---|
£265kaverage price of a new property | £389kaverage price of a new property |
5%average price percentage change | 6%average price percentage change |
£11.7kaverage price change | £20.5kaverage price change |
July 2021 - June 2022
July 2021 - June 2022
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 July 2021 - June 2022. See also West Midlands county property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 1.8% | 7 |
| █ £100k-£150k | 3.5% | 14 |
| █ £150k-£200k | 16.6% | 66 |
| █ £200k-£250k | 30.5% | 121 |
| █ £250k-£300k | 21.7% | 86 |
| █ £300k-£400k | 18.9% | 75 |
| █ £400k-£500k | 5.3% | 21 |
| █ £500k-£750k | 1.5% | 6 |
| █ £750k-£1M | 0.3% | 1 |
July 2021 - June 2022
July 2021 - June 2022
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
