West Midlands property prices

The average property price in West Midlands region is £223k. The average price increased by £2.4k (1%) over the last twelve months. The price of an established property is £216k. The price of a newly built property is £268k. There were 81.4k property sales and sales dropped by 5.1% (-4.7k transactions). Most properties were sold in the £150k-£200k price range with 19449 (23.9%) properties sold, followed by £100k-£150k price range with 18036 (22.2%) properties sold.

West Midlands

region
November 2018 - October 2019

£223k

average property price

1%

average price percentage change

£2.4k

average price change

England + Wales

November 2018 - October 2019

£292k

average property price

-1%

average price percentage change

£-2.4k

average price change

West Midlands house prices map

shows the average property price in a given county between November 2018 - October 2019. The most affordable place was 'Staffordshire' with the average price of £199k. The most expensive place was 'Warwickshire', £288k.

West Midlands house prices map
CountyAverage price % of West Midlands avg. price (£223k)
Herefordshire£257k115%
Shropshire£218k98%
Staffordshire£199k89%
Warwickshire£288k129%
West Midlands£204k92%
Worcestershire£261k117%

West Midlands house prices compared to other regions

Comparison of the average property price and an average price percentage change by region. Price % change compares the average property price between November 2018 - October 2019 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in region.

West Midlands house prices compared to other regionsAverage price percentage change
Average property price

West Midlands house price rank

With the average price of £223k, West Midlands is the 5. most pricey region out of 10 England and Wales' regions.

West Midlands house price rank

West Midlands property sales share by price range

shows a number of properties sold in a given price range between November 2018 - October 2019.

West Midlands property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.6%463
£50k-£100k8.9%7.2k
£100k-£150k22.2%18.0k
£150k-£200k23.9%19.4k
£200k-£250k15.7%12.8k
£250k-£300k10.4%8.5k
£300k-£400k10.4%8.4k
£400k-£500k4.2%3.4k
£500k-£750k3.0%2.5k
£750k-£1M0.6%474
over £1M0.3%207

West Midlands cost comparison of new homes and older homes

November 2018 - October 2019

West Midlands cost comparison of new homes and older homes

£268k

A newly built property

£216k

An established property

West Midlands cost comparison of houses and flats

November 2018 - October 2019

West Midlands cost comparison of houses and flats

£352k

Detached

£149k

Flat

£201k

Semi-Detached

£165k

Terraced

West Midlands real house prices

Yearly average nominal house prices adjusted for inflation.

West Midlands real house prices

West Midlands house prices compared to England & Wales' house prices

Yearly average nominal prices

West Midlands house prices

West Midlands house prices and nearby regions

Yearly average nominal prices

West Midlands house prices and nearby regions

West Midlands house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

West Midlands house prices new vs established

West Midlands house prices by property type

Yearly average nominal prices

West Midlands house prices by property type

Associated reports:

West Midlands new home prices

West Midlands property transactions

West Midlands population statistics

West Midlands crime statistics

West Midlands home features

West Midlands home energy certificates

West Midlands energy costs

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