The price of a newly built property is £284k in West Midlands county county. The price increased by £12.1k (4%) over the last twelve months. The price of an established property is £247k. There were 171 sales of newly build properties. Most new properties were sold in the £250k-£300k price range with 53 (31.0%) properties sold, followed by £200k-£250k price range with 40 (23.4%) properties sold. Most new homes were sold in WV10 6, with 22 sold to date from March 2023 - February 2024.
March 2023 - February 2024 | West Midlands county county | England & Wales |
---|---|---|
Average price of a new home | £284k | £431k |
Average price change | 4% £12.1k | 13% £50.0k |
March 2023 - February 2024
New or established | Average price |
---|---|
█ A newly built property | £284k |
█ An established property | £247k |
March 2023 - February 2024
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 March 2023 - February 2024. See also West Midlands county property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 1.2% | 2 |
█ £100k-£150k | 3.5% | 6 |
█ £150k-£200k | 8.2% | 14 |
█ £200k-£250k | 23.4% | 40 |
█ £250k-£300k | 31.0% | 53 |
█ £300k-£400k | 22.8% | 39 |
█ £400k-£500k | 7.6% | 13 |
█ £500k-£750k | 2.3% | 4 |
March 2023 - February 2024
March 2023 - February 2024
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