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West Midlands newly built property prices

The average price of newly build property in West Midlands region is £266k. The price increased by £6.3k (2%) over the last twelve months. The price of a newly built property was 266k and the price of an established property was 217k. There were 10456 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 2217 (21.2%) properties sold, followed by £150k-£200k price range with 2086 (20.0%) properties sold. Most new homes were sold in West Midlands, with 3318 sold to date from September 2018 - August 2019.

West Midlands

region
September 2018 - August 2019

£266k

average price of a new property

2%

average price percentage change

£6.3k

average price change

England + Wales

September 2018 - August 2019

£334k

avg. price of a new property

-4%

average price percentage change

£-12.7k

average price change

West Midlands cost comparison of new homes and older homes

September 2018 - August 2019

West Midlands cost comparison of new homes and older homes

£266k

A newly built property

£217k

An established property

West Midlands sales share of new homes and older homes

September 2018 - August 2019

West Midlands sales share of new homes and older homes

12.7%

A newly built property

10.5k

87.3%

An established property

71.6k

82.1k

total sales volume

West Midlands map of sales of new properties

shows the total volume of new homes sold a given county.

West Midlands map of sales of new properties
CountySales volumeMarket share
Herefordshire2922.8%
Shropshire1.3k12%
Staffordshire2.4k22.9%
Warwickshire1.9k18.4%
West Midlands3.3k31.7%
Worcestershire1.3k12.2%

West Midlands new home sales share by price range

shows a sales volume of new homes in a given price range between September 2018 - August 2019. See also West Midlands property sales reports.

West Midlands new home sales share by price range
Property price rangeMarket shareSales volume
under £50k0.0%2
£50k-£100k2.3%243
£100k-£150k9.9%1.0k
£150k-£200k20.0%2.1k
£200k-£250k21.2%2.2k
£250k-£300k17.8%1.9k
£300k-£400k18.1%1.9k
£400k-£500k6.6%690
£500k-£750k3.8%397
£750k-£1M0.3%31
over £1M0.1%6

West Midlands cost comparison of new houses and new flats

September 2018 - August 2019

West Midlands cost comparison of new houses and new flats

£351k

Detached

£200k

Flat

£217k

Semi-Detached

£198k

Terraced

West Midlands sales share of new houses and new flats

September 2018 - August 2019

West Midlands sales share of new houses and new flats

40.8%

Detached

4.3k

21.3%

Flat

2.2k

26.7%

Semi-Detached

2.8k

11.3%

Terraced

1.2k

West Midlands real new home prices

Yearly average nominal house prices adjusted for inflation

West Midlands real new home prices

West Midlands new home prices compared to England & Wales' new home prices

Yearly average nominal prices

West Midlands new home prices

West Midlands new home prices and nearby regions

Yearly average nominal prices

West Midlands new home prices and nearby regions

West Midlands house prices new vs established

Yearly average nominal prices

West Midlands house prices new vs established

West Midlands annual sales of new homes and older homes

Total sales volumes by year

West Midlands annual sales of new homes and older homes

Associated reports:

West Midlands house prices

West Midlands property transactions

West Midlands crime statistics

West Midlands population statistics

West Midlands home energy certificates

West Midlands home features

West Midlands energy costs

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