West Midlands newly built property prices

The price of a newly built property is £295k in West Midlands region. The price increased by £22.7k (8%) over the last twelve months. The price of an established property is £259k. There were 1587 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 417 (26.3%) properties sold, followed by £250k-£300k price range with 312 (19.7%) properties sold. Most new homes were sold in West Midlands, with 405 sold to date from December 2020 - November 2021.

December 2020 - November 2021

West Midlands regionEngland and Wales

£295k

average price of a new property

£366k

average price of a new property

8%

average price percentage change

2%

average price percentage change

£22.7k

average price change

£6.7k

average price change

West Midlands cost comparison of new homes and older homes

December 2020 - November 2021

West Midlands cost comparison of new homes and older homes

£295k

A newly built property

£259k

An established property

West Midlands sales share of new homes and older homes

December 2020 - November 2021

West Midlands sales share of new homes and older homes

2.5%

A newly built property

1.6k

97.5%

An established property

61.9k

63.5k

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
Herefordshire342.1%
Shropshire25816.3%
Staffordshire27617.4%
Warwickshire38124%
West Midlands40525.5%
Worcestershire23314.7%

West Midlands new home sales share by price range

shows a sales volume of new homes in a given price range between December 2020 - November 2021. See also West Midlands property sales reports.

West Midlands new home sales share by price range

Property price rangeMarket shareSales volume
under £50k0.1%1
£50k-£100k1.9%30
£100k-£150k6.7%106
£150k-£200k11.7%185
£200k-£250k19.5%310
£250k-£300k19.7%312
£300k-£400k26.3%417
£400k-£500k9.3%148
£500k-£750k4.0%63
£750k-£1M0.8%12
over £1M0.2%3

West Midlands cost comparison of new houses and new flats

December 2020 - November 2021

West Midlands cost comparison of new houses and new flats

£371k

Detached

£253k

Flat

£234k

Semi-Detached

£217k

Terraced

West Midlands sales share of new houses and new flats

December 2020 - November 2021

West Midlands sales share of new houses and new flats

43.4%

Detached

689

17.7%

Flat

281

27.2%

Semi-Detached

431

11.7%

Terraced

186

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

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

house prices per square meter

property transactions

home features

energy costs

population statistics

salary and unemployment

home energy certificates

crime statistics

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