West Midlands cost comparison of new homes and older homes
December 2020 - November 2021
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.
| West Midlands region | England and Wales |
|---|---|
£295kaverage price of a new property | £366kaverage price of a new property |
8%average price percentage change | 2%average price percentage change |
£22.7kaverage price change | £6.7kaverage price change |
December 2020 - November 2021
December 2020 - November 2021
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Herefordshire | 34 | 2.1% | |
| Shropshire | 258 | 16.3% | |
| Staffordshire | 276 | 17.4% | |
| Warwickshire | 381 | 24% | |
| West Midlands | 405 | 25.5% | |
| Worcestershire | 233 | 14.7% | |
shows a sales volume of new homes in a given price range between December 2020 - November 2021. See also West Midlands property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.1% | 1 |
| █ £50k-£100k | 1.9% | 30 |
| █ £100k-£150k | 6.7% | 106 |
| █ £150k-£200k | 11.7% | 185 |
| █ £200k-£250k | 19.5% | 310 |
| █ £250k-£300k | 19.7% | 312 |
| █ £300k-£400k | 26.3% | 417 |
| █ £400k-£500k | 9.3% | 148 |
| █ £500k-£750k | 4.0% | 63 |
| █ £750k-£1M | 0.8% | 12 |
| █ over £1M | 0.2% | 3 |
December 2020 - November 2021
December 2020 - November 2021
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year
