The price of a newly built property is £282k in West Midlands county county. The price declined by £-20.8k (-7%) over the last twelve months. The price of an established property is £256k. There were 694 sales of newly build properties. Most new properties were sold in the £250k-£300k price range with 168 (24.2%) properties sold, followed by £200k-£250k price range with 167 (24.1%) properties sold. Most new homes were sold in B1 2, with 98 sold to date from June 2024 - May 2025.
June 2024 - May 2025 | West Midlands county county | England & Wales |
---|---|---|
Average price of a new home | £282k | £384k |
Average price change | -7% £-20.8k | -2% £-6.6k |
June 2024 - May 2025
New or established | Average price |
---|---|
█ A newly built property | £282k |
█ An established property | £256k |
June 2024 - May 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 June 2024 - May 2025. See also West Midlands county property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 4.8% | 33 |
█ £100k-£150k | 1.9% | 13 |
█ £150k-£200k | 11.4% | 79 |
█ £200k-£250k | 24.1% | 167 |
█ £250k-£300k | 24.2% | 168 |
█ £300k-£400k | 22.8% | 158 |
█ £400k-£500k | 6.9% | 48 |
█ £500k-£750k | 3.6% | 25 |
█ £750k-£1M | 0.3% | 2 |
█ over £1M | 0.1% | 1 |
June 2024 - May 2025
June 2024 - May 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