West Midlands cost comparison of new homes and older homes
June 2019 - May 2020
The price of a newly built property is £272k in West Midlands region. The price increased by £9.3k (4%) over the last twelve months. The price of an established property is £220k. There were 7728 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 1565 (20.3%) properties sold, followed by £300k-£400k price range with 1562 (20.2%) properties sold. Most new homes were sold in West Midlands, with 2117 sold to date from June 2019 - May 2020.
| West Midlands region | England and Wales |
|---|---|
£272kaverage price of a new property | £342kaverage price of a new property |
4%average price percentage change | 1%average price percentage change |
£9.3kaverage price change | £4.9kaverage price change |
June 2019 - May 2020
June 2019 - May 2020
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Herefordshire | 276 | 3.6% | |
| Shropshire | 1.0k | 13.5% | |
| Staffordshire | 1.9k | 24.9% | |
| Warwickshire | 1.4k | 18.1% | |
| West Midlands | 2.1k | 27.4% | |
| Worcestershire | 971 | 12.6% | |
shows a sales volume of new homes in a given price range between June 2019 - May 2020. See also West Midlands property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| £50k-£100k | 3.3% | 253 |
| £100k-£150k | 8.5% | 654 |
| £150k-£200k | 18.4% | 1.4k |
| £200k-£250k | 20.3% | 1.6k |
| £250k-£300k | 17.6% | 1.4k |
| £300k-£400k | 20.2% | 1.6k |
| £400k-£500k | 7.4% | 572 |
| £500k-£750k | 3.9% | 304 |
| £750k-£1M | 0.3% | 24 |
| over £1M | 0.1% | 9 |
June 2019 - May 2020
June 2019 - May 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
