West Midlands newly built property prices

The price of a newly built property is £280k in West Midlands region. The price increased by £10.5k (4%) over the last twelve months. The price of an established property is £254k. There were 2659 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 630 (23.7%) properties sold, followed by £250k-£300k price range with 524 (19.7%) properties sold. Most new homes were sold in West Midlands, with 657 sold to date from August 2020 - July 2021.

August 2020 - July 2021

West Midlands regionEngland and Wales

£280k

average price of a new property

£363k

average price of a new property

4%

average price percentage change

3%

average price percentage change

£10.5k

average price change

£11.0k

average price change

West Midlands cost comparison of new homes and older homes

August 2020 - July 2021

West Midlands cost comparison of new homes and older homes

£280k

A newly built property

£254k

An established property

West Midlands sales share of new homes and older homes

August 2020 - July 2021

West Midlands sales share of new homes and older homes

4.1%

A newly built property

2.7k

95.9%

An established property

61.4k

64.1k

total sales volume

West Midlands map of sales of new properties

shows the total volume of new homes sold a given county.

West Midlands map of sales of new properties

CountySales volumeMarket share
Herefordshire441.7%
Shropshire40215.1%
Staffordshire60722.8%
Warwickshire61723.2%
West Midlands65724.7%
Worcestershire33212.5%

West Midlands new home sales share by price range

shows a sales volume of new homes in a given price range between August 2020 - July 2021. See also West Midlands property sales reports.

West Midlands new home sales share by price range

Property price rangeMarket shareSales volume
under £50k0.0%1
£50k-£100k3.3%87
£100k-£150k8.0%212
£150k-£200k14.7%390
£200k-£250k18.7%496
£250k-£300k19.7%524
£300k-£400k23.7%630
£400k-£500k7.9%211
£500k-£750k3.4%91
£750k-£1M0.5%13
over £1M0.2%4

West Midlands cost comparison of new houses and new flats

August 2020 - July 2021

West Midlands cost comparison of new houses and new flats

£360k

Detached

£208k

Flat

£229k

Semi-Detached

£205k

Terraced

West Midlands sales share of new houses and new flats

August 2020 - July 2021

West Midlands sales share of new houses and new flats

44.5%

Detached

1.2k

17.5%

Flat

466

24.9%

Semi-Detached

662

13.1%

Terraced

347

West Midlands real new home prices

Yearly average nominal house prices adjusted for inflation

West Midlands real new home prices

West Midlands new home prices compared to England & Wales' new home prices

Yearly average nominal prices

West Midlands new home prices

West Midlands new home prices and nearby regions

Yearly average nominal prices

West Midlands new home prices and nearby regions

West Midlands house prices new vs established

Yearly average nominal prices

West Midlands house prices new vs established

West Midlands annual sales of new homes and older homes

Total sales volumes by year

West Midlands annual sales of new homes and older homes

Other reports for West Midlands region

house prices

house prices per square meter

property transactions

energy costs

home features

salary and unemployment

crime statistics

population statistics

home energy certificates

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