West Midlands county property prices

The average property price in West Midlands county county is £242k. The average price increased by £27.7k (13%) over the last twelve months. The price of an established property is £242k. The price of a newly built property is £253k. There were 25.9k property sales and sales dropped by 3.0% (-894 transactions). Most properties were sold in the £150k-£200k price range with 6799 (26.3%) properties sold, followed by £100k-£150k price range with 4989 (19.3%) properties sold.

December 2020 - November 2021

West Midlands county county

England and Wales

£242k

average property price

£344k

average property price

13%

average price percentage change

10%

average price percentage change

£27.7k

average price change

£30.9k

average price change

West Midlands county house prices map

This price map shows the average property price in a given postcode sector between December 2020 - November 2021. The most affordable place was 'WS1 1' with the average price of £85.2k. The most expensive place was 'B94 6', £618k.

West Midlands county house prices map

West Midlands county house prices compared to other counties

Comparison of the average property price and an average price percentage change by county. Price % change compares the average property price between December 2020 - November 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in county.

West Midlands county house prices compared to other countiesAverage price percentage change
Average property price

West Midlands county house price rank

With the average price of £242k, West Midlands county is the 22. cheapest county out of 55 England and Wales' counties.

West Midlands county house price rank

West Midlands county property sales share by price range

shows a number of properties sold in a given price range between December 2020 - November 2021.

West Midlands county property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.3%87
£50k-£100k6.3%1.6k
£100k-£150k19.3%5.0k
£150k-£200k26.3%6.8k
£200k-£250k16.3%4.2k
£250k-£300k10.4%2.7k
£300k-£400k10.9%2.8k
£400k-£500k4.8%1.2k
£500k-£750k4.0%1.0k
£750k-£1M0.9%242
over £1M0.6%145

West Midlands county cost comparison of new homes and older homes

December 2020 - November 2021

West Midlands county cost comparison of new homes and older homes

£253k

A newly built property

£242k

An established property

West Midlands county cost comparison of houses and flats

December 2020 - November 2021

West Midlands county cost comparison of houses and flats

£433k

Detached

£144k

Flat

£236k

Semi-Detached

£189k

Terraced

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

West Midlands county real house prices

Yearly average nominal house prices adjusted for inflation.

West Midlands county real house prices

West Midlands county house prices

Yearly average nominal prices compared to England & Wales' house prices

West Midlands county house prices

West Midlands county house prices per square meter

Yearly average nominal price per square meter compared to England & Wales' house prices

West Midlands county house prices per square meter

West Midlands county house prices and nearby counties

Yearly average nominal prices

West Midlands county house prices and nearby counties

West Midlands county house prices by property type

Yearly average nominal prices

West Midlands county house prices by property type

West Midlands county house price to earnings ratio

The median property price to median earnings ratio is ranging between 5.7 in Walsall and 8.2 in Solihull. Ie. Walsall resident with middle-income needs 5.7 gross annual salaries to buy a medium-priced property. Resident in Solihull needs 8.2 annual salaries. The England and Wales ratio was 7.69 in 2020.
West Midlands county house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2020
Walsall5.7
Dudley5.9
Sandwell5.9
Wolverhampton6.2
Birmingham6.4
Coventry6.4
England and Wales7.69
Solihull8.2

Other reports for West Midlands county county

house prices per square meter

new home prices

property transactions

home features

energy costs

population statistics

salary and unemployment

home energy certificates

crime statistics

Homeimage/svg+xmlOpencliparteco green house icon2012-05-29T15:40:56https://openclipart.org/detail/170282/eco-green-house-icon-by-cybergedeondominiquechappardecologygreenhomehouseicon