The price of a newly built property is £284k in West Midlands county county. The price declined by £-22.5k (-7%) over the last twelve months. The price of an established property is £256k. There were 669 sales of newly build properties. Most new properties were sold in the £250k-£300k price range with 176 (26.3%) properties sold, followed by £200k-£250k price range with 148 (22.1%) properties sold. Most new homes were sold in B1 2, with 74 sold to date from May 2024 - April 2025.
May 2024 - April 2025 | West Midlands county county | England & Wales |
---|---|---|
Average price of a new home | £284k | £381k |
Average price change | -7% £-22.5k | -3% £-11.5k |
May 2024 - April 2025
New or established | Average price |
---|---|
█ A newly built property | £284k |
█ An established property | £256k |
May 2024 - April 2025
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between May 2024 - April 2025. See also West Midlands county property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 4.5% | 30 |
█ £100k-£150k | 2.2% | 15 |
█ £150k-£200k | 11.5% | 77 |
█ £200k-£250k | 22.1% | 148 |
█ £250k-£300k | 26.3% | 176 |
█ £300k-£400k | 22.0% | 147 |
█ £400k-£500k | 7.2% | 48 |
█ £500k-£750k | 3.7% | 25 |
█ £750k-£1M | 0.3% | 2 |
█ over £1M | 0.1% | 1 |
May 2024 - April 2025
May 2024 - April 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