The price of a newly built property is £318k in West Midlands region. The price declined by £-2.5k (-1%) over the last twelve months. The price of an established property is £276k. There were 2566 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 735 (28.6%) properties sold, followed by £250k-£300k price range with 522 (20.3%) properties sold. Most new homes were sold in West Midlands, with 694 sold to date from June 2024 - May 2025.
June 2024 - May 2025 | West Midlands region | England & Wales |
---|---|---|
Average price of a new home | £318k | £384k |
Average price change | -1% £-2.5k | -2% £-6.6k |
June 2024 - May 2025
New or established | Average price |
---|---|
█ A newly built property | £318k |
█ An established property | £276k |
June 2024 - May 2025
shows the total volume of new homes sold a given county.
County | Sales volume | Market share | |
---|---|---|---|
Herefordshire | 83 | 3.2% | |
Shropshire | 329 | 12.8% | |
Staffordshire | 662 | 25.8% | |
Warwickshire | 500 | 19.5% | |
West Midlands | 694 | 27% | |
Worcestershire | 298 | 11.6% |
shows a sales volume of new homes in a given price range between June 2024 - May 2025. See also West Midlands property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 2.0% | 51 |
█ £100k-£150k | 4.1% | 105 |
█ £150k-£200k | 7.4% | 190 |
█ £200k-£250k | 17.3% | 445 |
█ £250k-£300k | 20.3% | 522 |
█ £300k-£400k | 28.6% | 735 |
█ £400k-£500k | 12.9% | 332 |
█ £500k-£750k | 6.4% | 164 |
█ £750k-£1M | 0.8% | 20 |
█ over £1M | 0.1% | 2 |
June 2024 - May 2025
June 2024 - May 2025
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