West Midlands cost comparison of new homes and older homes
August 2019 - July 2020
The price of a newly built property is £267k in West Midlands region. The price increased by £1.8k (1%) over the last twelve months. The price of an established property is £219k. There were 6102 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 1239 (20.3%) properties sold, followed by £200k-£250k price range with 1223 (20.0%) properties sold. Most new homes were sold in West Midlands, with 1735 sold to date from August 2019 - July 2020.
| West Midlands region | England and Wales |
|---|---|
£267kaverage price of a new property | £347kaverage price of a new property |
1%average price percentage change | 3%average price percentage change |
£1.8kaverage price change | £10.3kaverage price change |
August 2019 - July 2020
August 2019 - July 2020
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Herefordshire | 248 | 4.1% | |
| Shropshire | 799 | 13.1% | |
| Staffordshire | 1.5k | 24.1% | |
| Warwickshire | 1.0k | 17.2% | |
| West Midlands | 1.7k | 28.4% | |
| Worcestershire | 803 | 13.2% | |
shows a sales volume of new homes in a given price range between August 2019 - July 2020. See also West Midlands property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| £50k-£100k | 4.1% | 251 |
| £100k-£150k | 9.6% | 587 |
| £150k-£200k | 18.1% | 1.1k |
| £200k-£250k | 20.0% | 1.2k |
| £250k-£300k | 16.7% | 1.0k |
| £300k-£400k | 20.3% | 1.2k |
| £400k-£500k | 6.9% | 423 |
| £500k-£750k | 3.7% | 228 |
| £750k-£1M | 0.3% | 18 |
| over £1M | 0.1% | 6 |
August 2019 - July 2020
August 2019 - July 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
