West Midlands cost comparison of new homes and older homes
December 2019 - November 2020
The price of a newly built property is £278k in West Midlands region. The price increased by £11.1k (4%) over the last twelve months. The price of an established property is £223k. There were 4422 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 1020 (23.1%) properties sold, followed by £200k-£250k price range with 987 (22.3%) properties sold. Most new homes were sold in West Midlands, with 1344 sold to date from December 2019 - November 2020.
| West Midlands region | England and Wales |
|---|---|
£278kaverage price of a new property | £367kaverage price of a new property |
4%average price percentage change | 9%average price percentage change |
£11.1kaverage price change | £29.2kaverage price change |
December 2019 - November 2020
December 2019 - November 2020
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Herefordshire | 149 | 3.4% | |
| Shropshire | 578 | 13.1% | |
| Staffordshire | 985 | 22.3% | |
| Warwickshire | 802 | 18.1% | |
| West Midlands | 1.3k | 30.4% | |
| Worcestershire | 564 | 12.8% | |
shows a sales volume of new homes in a given price range between December 2019 - November 2020. See also West Midlands property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 2.6% | 113 |
| █ £100k-£150k | 7.6% | 335 |
| █ £150k-£200k | 14.7% | 649 |
| █ £200k-£250k | 22.3% | 987 |
| █ £250k-£300k | 18.8% | 833 |
| █ £300k-£400k | 23.1% | 1.0k |
| █ £400k-£500k | 6.7% | 296 |
| █ £500k-£750k | 3.8% | 170 |
| █ £750k-£1M | 0.3% | 13 |
| █ over £1M | 0.1% | 6 |
December 2019 - November 2020
December 2019 - November 2020
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
