West Midlands county cost comparison of new homes and older homes
August 2019 - July 2020
The price of a newly built property is £228k in West Midlands county county. The price increased by £2.7k (1%) over the last twelve months. The price of an established property is £206k. There were 1735 sales of newly build properties. Most new properties were sold in the £150k-£200k price range with 517 (29.8%) properties sold, followed by £200k-£250k price range with 385 (22.2%) properties sold. Most new homes were sold in B1 3, with 229 sold to date from August 2019 - July 2020.
| West Midlands county county | England and Wales |
|---|---|
£228kaverage price of a new property | £347kaverage price of a new property |
1%average price percentage change | 3%average price percentage change |
£2.7kaverage price change | £10.3kaverage price change |
August 2019 - July 2020
August 2019 - July 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 August 2019 - July 2020. See also West Midlands county property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| £50k-£100k | 4.8% | 83 |
| £100k-£150k | 13.5% | 235 |
| £150k-£200k | 29.8% | 517 |
| £200k-£250k | 22.2% | 385 |
| £250k-£300k | 12.7% | 220 |
| £300k-£400k | 12.0% | 208 |
| £400k-£500k | 2.6% | 45 |
| £500k-£750k | 2.1% | 36 |
| £750k-£1M | 0.2% | 4 |
| over £1M | 0.1% | 2 |
August 2019 - July 2020
August 2019 - July 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
