The price of a newly built property is £350k in West Midlands county county. The price increased by £72.9k (26%) over the last twelve months. The price of an established property is £248k. There were 267 sales of newly build properties. Most new properties were sold in the £250k-£300k price range with 63 (23.6%) properties sold, followed by £300k-£400k price range with 59 (22.1%) properties sold. Most new homes were sold in B90 8, with 49 sold to date from June 2023 - May 2024.
June 2023 - May 2024 | West Midlands county county | England & Wales |
---|---|---|
Average price of a new home | £350k | £384k |
Average price change | 26% £72.9k | 0% £-1.9k |
June 2023 - May 2024
New or established | Average price |
---|---|
█ A newly built property | £350k |
█ An established property | £248k |
June 2023 - May 2024
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 June 2023 - May 2024. See also West Midlands county property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 1.9% | 5 |
█ £100k-£150k | 1.1% | 3 |
█ £150k-£200k | 7.1% | 19 |
█ £200k-£250k | 15.7% | 42 |
█ £250k-£300k | 23.6% | 63 |
█ £300k-£400k | 22.1% | 59 |
█ £400k-£500k | 13.9% | 37 |
█ £500k-£750k | 12.7% | 34 |
█ £750k-£1M | 1.1% | 3 |
█ over £1M | 0.7% | 2 |
June 2023 - May 2024
June 2023 - May 2024
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