West Midlands newly built property prices

The price of a newly built property is £272k in West Midlands region. The price increased by £9.3k (4%) over the last twelve months. The price of an established property is £220k. There were 7728 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 1565 (20.3%) properties sold, followed by £300k-£400k price range with 1562 (20.2%) properties sold. Most new homes were sold in West Midlands, with 2117 sold to date from June 2019 - May 2020.

June 2019 - May 2020

West Midlands regionEngland and Wales

£272k

average price of a new property

£342k

average price of a new property

4%

average price percentage change

1%

average price percentage change

£9.3k

average price change

£4.9k

average price change

West Midlands cost comparison of new homes and older homes

June 2019 - May 2020

West Midlands cost comparison of new homes and older homes

£272k

A newly built property

£220k

An established property

West Midlands sales share of new homes and older homes

June 2019 - May 2020

West Midlands sales share of new homes and older homes

11.7%

A newly built property

7.7k

88.3%

An established property

58.6k

66.3k

total sales volume

West Midlands map of sales of new properties

shows the total volume of new homes sold a given county.

West Midlands map of sales of new properties

CountySales volumeMarket share
Herefordshire2763.6%
Shropshire1.0k13.5%
Staffordshire1.9k24.9%
Warwickshire1.4k18.1%
West Midlands2.1k27.4%
Worcestershire97112.6%

West Midlands new home sales share by price range

shows a sales volume of new homes in a given price range between June 2019 - May 2020. See also West Midlands property sales reports.

West Midlands new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k3.3%253
£100k-£150k8.5%654
£150k-£200k18.4%1.4k
£200k-£250k20.3%1.6k
£250k-£300k17.6%1.4k
£300k-£400k20.2%1.6k
£400k-£500k7.4%572
£500k-£750k3.9%304
£750k-£1M0.3%24
over £1M0.1%9

West Midlands cost comparison of new houses and new flats

June 2019 - May 2020

West Midlands cost comparison of new houses and new flats

£357k

Detached

£193k

Flat

£222k

Semi-Detached

£210k

Terraced

West Midlands sales share of new houses and new flats

June 2019 - May 2020

West Midlands sales share of new houses and new flats

42.4%

Detached

3.3k

19.8%

Flat

1.5k

24.6%

Semi-Detached

1.9k

13.2%

Terraced

1.0k

West Midlands real new home prices

Yearly average nominal house prices adjusted for inflation

West Midlands real new home prices

West Midlands new home prices compared to England & Wales' new home prices

Yearly average nominal prices

West Midlands new home prices

West Midlands new home prices and nearby regions

Yearly average nominal prices

West Midlands new home prices and nearby regions

West Midlands house prices new vs established

Yearly average nominal prices

West Midlands house prices new vs established

West Midlands annual sales of new homes and older homes

Total sales volumes by year

West Midlands annual sales of new homes and older homes

Other reports for West Midlands region

house prices

property transactions

home energy certificates

population statistics

energy costs

home features

crime statistics

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