West Midlands county newly built property prices

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 2024West Midlands county countyEngland & Wales
Average price of a new home£284k£431k

Average price change
4%
£12.1k
13%
£50.0k

West Midlands county cost comparison of new homes and older homes

March 2023 - February 2024

West Midlands county cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£284k
An established property£247k

West Midlands county sales share of new homes and older homes

March 2023 - February 2024

West Midlands county sales share of new homes and older homes

0.9%

A newly built property

171

99.1%

An established property

19.1k

19.3k

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 March 2023 - February 2024. See also West Midlands county property sales reports.

West Midlands county new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k1.2%2
£100k-£150k3.5%6
£150k-£200k8.2%14
£200k-£250k23.4%40
£250k-£300k31.0%53
£300k-£400k22.8%39
£400k-£500k7.6%13
£500k-£750k2.3%4

West Midlands county cost comparison of new houses and new flats

March 2023 - February 2024

West Midlands county cost comparison of new houses and new flats

£387k

Detached

£256k

Flat

£283k

Semi-Detached

£261k

Terraced

West Midlands county sales share of new houses and new flats

March 2023 - February 2024

West Midlands county sales share of new houses and new flats

14.6%

Detached

25

43.9%

Flat

75

31.0%

Semi-Detached

53

10.5%

Terraced

18

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

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Other reports for West Midlands county county

house prices

house prices per square metre

property transactions

population statistics

crime statistics

home energy efficiency

salary and unemployment

home features

energy costs

plumplot area insights tutorial
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