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 property2%
average price percentage change£6.3k
average price changeEngland + Wales
September 2018 - August 2019
£334k
avg. price of a new property-4%
average price percentage change£-12.7k
average price changeWest Midlands cost comparison of new homes and older homes
September 2018 - August 2019
£266k
A newly built property£217k
An established propertyWest Midlands sales share of new homes and older homes
September 2018 - August 2019
█ 12.7%
A newly built property10.5k
█ 87.3%
An established property71.6k
82.1k
total sales volumeWest Midlands map of sales of new properties
shows the total volume of new homes sold a given county.
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.
| Property price range | Market share | Sales volume |
|---|
| under £50k | 0.0% | 2 |
| £50k-£100k | 2.3% | 243 |
| £100k-£150k | 9.9% | 1.0k |
| £150k-£200k | 20.0% | 2.1k |
| £200k-£250k | 21.2% | 2.2k |
| £250k-£300k | 17.8% | 1.9k |
| £300k-£400k | 18.1% | 1.9k |
| £400k-£500k | 6.6% | 690 |
| £500k-£750k | 3.8% | 397 |
| £750k-£1M | 0.3% | 31 |
| over £1M | 0.1% | 6 |
West Midlands cost comparison of new houses and new flats
September 2018 - August 2019
£351k
Detached£200k
Flat£217k
Semi-Detached£198k
TerracedWest Midlands sales share of new houses and new flats
September 2018 - August 2019
█ 40.8%
Detached4.3k
█ 21.3%
Flat2.2k
█ 26.7%
Semi-Detached2.8k
█ 11.3%
Terraced1.2k
West Midlands real new home prices
Yearly average nominal house prices adjusted for inflation
West Midlands new home prices compared to England & Wales' new home prices
Yearly average nominal prices
West Midlands new home prices and nearby regions
Yearly average nominal prices
West Midlands house prices new vs established
Yearly average nominal prices
West Midlands annual sales of new homes and older homes
Total sales volumes by year
Associated reports: