West Midlands newly built property prices
West Midlands
region
January 2018 - December 2018
£261k
average price of a new property4%
average price percentage change£9.8k
average price changeEngland + Wales
January 2018 - December 2018
£347k
avg. price of a new property2%
average price percentage change£6.2k
average price changeWest Midlands cost comparison of new homes and older homes
January 2018 - December 2018
£261k
A newly built property£216k
An established propertyWest Midlands sales share of new homes and older homes
January 2018 - December 2018
█ 10.7%
A newly built property8.8k
█ 89.3%
An established property73.1k
81.9k
total sales volumeWest Midlands map of sales of new properties
shows the total volume of new homes sold a given county. The biggest number of newly built properties were sold in West Midlands, with 2763 sold to date from January 2018 - December 2018.
West Midlands new home sales share by price range
shows a sales volume of new homes in a given price range between January 2018 - December 2018. See also West Midlands property sales reports.
| Property price range | Market share | Sales volume |
|---|
| £50k-£100k | 2.8% | 244 |
| £100k-£150k | 10.5% | 925 |
| £150k-£200k | 22.3% | 2k |
| £200k-£250k | 19.4% | 1.7k |
| £250k-£300k | 17.8% | 1.6k |
| £300k-£400k | 16.8% | 1.5k |
| £400k-£500k | 6.4% | 559 |
| £500k-£750k | 3.6% | 317 |
| £750k-£1M | 0.4% | 37 |
| over £1M | 0% | 3 |
West Midlands cost comparison of new houses and new flats
January 2018 - December 2018
£350k
Detached£190k
Flat£213k
Semi-Detached£193k
TerracedWest Midlands sales share of new houses and new flats
January 2018 - December 2018
█ 40.7%
Detached3.6k
█ 21.4%
Flat1.9k
█ 25.6%
Semi-Detached2.3k
█ 12.3%
Terraced1.1k
West Midlands new home prices compared to England & Wales' new home prices
Yearly average nominal prices
Real house prices
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West Midlands house prices new vs established
Yearly average nominal prices
West Midlands annual sales of new homes and older homes
Total sales volumes by year
West Midlands new home prices and nearby regions
Yearly average nominal prices
Associated reports: