West Midlands county newly built property prices

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.

June 2019 - May 2020

West Midlands county countyEngland and Wales

£234k

average price of a new property

£342k

average price of a new property

5%

average price percentage change

1%

average price percentage change

£10.8k

average price change

£4.9k

average price change

West Midlands county cost comparison of new homes and older homes

June 2019 - May 2020

West Midlands county cost comparison of new homes and older homes

£234k

A newly built property

£205k

An established property

West Midlands county sales share of new homes and older homes

June 2019 - May 2020

West Midlands county sales share of new homes and older homes

7.8%

A newly built property

2.1k

92.2%

An established property

24.9k

27.0k

total sales volume

West Midlands county map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

West Midlands county map of sales of new properties

West Midlands county new home sales share by price range

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.

West Midlands county new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k3.1%66
£100k-£150k11.5%244
£150k-£200k30.2%639
£200k-£250k22.7%481
£250k-£300k15.7%332
£300k-£400k11.5%244
£400k-£500k3.0%63
£500k-£750k1.9%41
£750k-£1M0.2%4
over £1M0.1%3

West Midlands county cost comparison of new houses and new flats

June 2019 - May 2020

West Midlands county cost comparison of new houses and new flats

£342k

Detached

£198k

Flat

£216k

Semi-Detached

£231k

Terraced

West Midlands county sales share of new houses and new flats

June 2019 - May 2020

West Midlands county sales share of new houses and new flats

19.3%

Detached

408

44.3%

Flat

937

22.4%

Semi-Detached

475

14.0%

Terraced

297

West Midlands county real new home prices

Yearly average nominal house prices adjusted for inflation

West Midlands county real new home prices

West Midlands county new home prices compared to England & Wales' new home prices

Yearly average nominal prices

West Midlands county new home prices

West Midlands county new home prices and nearby counties

Yearly average nominal prices

West Midlands county new home prices and nearby counties

West Midlands county house prices new vs established

Yearly average nominal prices

West Midlands county house prices new vs established

West Midlands county annual sales of new homes and older homes

Total sales volumes by year

West Midlands county annual sales of new homes and older homes

Other reports for West Midlands county county

house prices

property transactions

home energy certificates

population statistics

energy costs

salary and unemployment

home features

crime statistics

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