The price of a newly built property is £277k in West Midlands county county. The price increased by £21.4k (8%) over the last twelve months. The price of an established property is £249k. There were 192 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 45 (23.4%) properties sold, followed by £300k-£400k price range with 44 (22.9%) properties sold. Most new homes were sold in B26 1, with 38 sold to date from November 2022 - October 2023.
| November 2022 - October 2023 | West Midlands county county | England & Wales |
|---|---|---|
| Average price of a new home | £277k | £424k |
Average price change | 8% £21.4k | 13% £47.3k |
November 2022 - October 2023
| New or established | Average price |
|---|---|
| █ A newly built property | £277k |
| █ An established property | £249k |
November 2022 - October 2023
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 November 2022 - October 2023. See also West Midlands county property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 1.6% | 3 |
| █ £100k-£150k | 7.8% | 15 |
| █ £150k-£200k | 22.9% | 44 |
| █ £200k-£250k | 23.4% | 45 |
| █ £250k-£300k | 8.9% | 17 |
| █ £300k-£400k | 22.9% | 44 |
| █ £400k-£500k | 7.3% | 14 |
| █ £500k-£750k | 3.6% | 7 |
| █ £750k-£1M | 1.0% | 2 |
| █ over £1M | 0.5% | 1 |
November 2022 - October 2023
November 2022 - October 2023
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
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