West Midlands newly built property prices
The price of a newly built property is £272k in West Midlands region. The price increased by £12.4k (5%) over the last twelve months. The price of an established property is £218k. There were 9840 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 2057 (20.9%) properties sold, followed by £300k-£400k price range with 1949 (19.8%) properties sold. Most new homes were sold in West Midlands, with 2593 sold to date from March 2019 - February 2020.West Midlands
region
March 2019 - February 2020
£272k
average price of a new property5%
average price percentage change£12.4k
average price changeEngland + Wales
March 2019 - February 2020
£339k
avg. price of a new property-1%
average price percentage change£-1.9k
average price changeWest Midlands cost comparison of new homes and older homes
March 2019 - February 2020
£272k
A newly built property£218k
An established propertyWest Midlands sales share of new homes and older homes
March 2019 - February 2020
█ 12.2%
A newly built property9.8k
█ 87.8%
An established property71.1k
80.9k
total sales volumeWest Midlands map of sales of new properties
shows the total volume of new homes sold a given county.
West Midlands new home sales share by price range
shows a sales volume of new homes in a given price range between March 2019 - February 2020. See also West Midlands property sales reports.
| Property price range | Market share | Sales volume |
|---|
| under £50k | 0.0% | 1 |
| £50k-£100k | 2.7% | 268 |
| £100k-£150k | 8.2% | 810 |
| £150k-£200k | 18.9% | 1.9k |
| £200k-£250k | 20.9% | 2.1k |
| £250k-£300k | 17.6% | 1.7k |
| £300k-£400k | 19.8% | 1.9k |
| £400k-£500k | 7.4% | 727 |
| £500k-£750k | 4.0% | 398 |
| £750k-£1M | 0.3% | 33 |
| over £1M | 0.1% | 9 |
West Midlands cost comparison of new houses and new flats
March 2019 - February 2020
£356k
Detached£198k
Flat£219k
Semi-Detached£206k
TerracedWest Midlands sales share of new houses and new flats
March 2019 - February 2020
█ 43.1%
Detached4.2k
█ 18.0%
Flat1.8k
█ 26.1%
Semi-Detached2.6k
█ 12.8%
Terraced1.3k
West Midlands real new home prices
Yearly average nominal house prices adjusted for inflation
West Midlands new home prices compared to England & Wales' new home prices
Yearly average nominal prices
compared to England & Wales' prices
Yearly average nominal prices per square meter of new homes.
West Midlands new home prices and nearby regions
Yearly average nominal prices
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
Other reports for West Midlands region
