The price of a newly built property is £318k in West Midlands region. The price declined by £-1.8k (-1%) over the last twelve months. The price of an established property is £266k. There were 1429 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 376 (26.3%) properties sold, followed by £250k-£300k price range with 298 (20.9%) properties sold. Most new homes were sold in Staffordshire, with 488 sold to date from December 2023 - November 2024.
| December 2023 - November 2024 | West Midlands region | England & Wales |
|---|---|---|
| Average price of a new home | £318k | £377k |
Average price change | -1% £-1.8k | -5% £-20.2k |
December 2023 - November 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £318k |
| █ An established property | £266k |
December 2023 - November 2024
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Herefordshire | 30 | 2.1% | |
| Shropshire | 218 | 15.3% | |
| Staffordshire | 488 | 34.1% | |
| Warwickshire | 253 | 17.7% | |
| West Midlands | 273 | 19.1% | |
| Worcestershire | 167 | 11.7% | |
shows a sales volume of new homes in a given price range between December 2023 - November 2024. See also West Midlands property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 2.0% | 28 |
| █ £100k-£150k | 3.7% | 53 |
| █ £150k-£200k | 9.4% | 134 |
| █ £200k-£250k | 17.1% | 244 |
| █ £250k-£300k | 20.9% | 298 |
| █ £300k-£400k | 26.3% | 376 |
| █ £400k-£500k | 13.0% | 186 |
| █ £500k-£750k | 6.9% | 99 |
| █ £750k-£1M | 0.5% | 7 |
| █ over £1M | 0.3% | 4 |
December 2023 - November 2024
December 2023 - November 2024
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
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