West Midlands property prices

The average property price in West Midlands region is £224k. The average price declined by £-112 (0%) over the last twelve months. The price of an established property is £219k. The price of a newly built property is £267k. There were 63.0k property sales and sales dropped by 23.6% (-21.8k transactions). Most properties were sold in the £150k-£200k price range with 15072 (23.9%) properties sold, followed by £100k-£150k price range with 13646 (21.7%) properties sold.

August 2019 - July 2020

West Midlands region

England and Wales

£224k

average property price

£298k

average property price

0%

average price percentage change

2%

average price percentage change

£-112

average price change

£5.1k

average price change

West Midlands house prices map

This price map shows the average property price in a given county between August 2019 - July 2020. The most affordable place was 'Staffordshire' with the average price of £199k. The most expensive place was 'Warwickshire', £284k.

West Midlands house prices map

CountyAverage price % of West Midlands avg. price (£224k)
Herefordshire£263k117%
Shropshire£222k99%
Staffordshire£199k89%
Warwickshire£284k127%
West Midlands£208k93%
Worcestershire£258k115%

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 August 2019 - July 2020 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 £224k, 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 August 2019 - July 2020.

West Midlands property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.6%358
£50k-£100k8.9%5.6k
£100k-£150k21.7%13.6k
£150k-£200k23.9%15.1k
£200k-£250k15.8%10.0k
£250k-£300k10.5%6.6k
£300k-£400k10.5%6.6k
£400k-£500k4.3%2.7k
£500k-£750k3.0%1.9k
£750k-£1M0.6%362
over £1M0.3%166

West Midlands cost comparison of new homes and older homes

August 2019 - July 2020

West Midlands cost comparison of new homes and older homes

£267k

A newly built property

£219k

An established property

West Midlands cost comparison of houses and flats

August 2019 - July 2020

West Midlands cost comparison of houses and flats

£355k

Detached

£142k

Flat

£203k

Semi-Detached

£168k

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

region compared to England & Wales' prices

Yearly average nominal prices per square meter.

Average price per square meter

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

Other reports for West Midlands region

new home prices

property transactions

crime statistics

population statistics

energy costs

home features

home energy certificates

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