West Midlands newly built property prices

The price of a newly built property is £307k in West Midlands region. The price increased by £28.3k (10%) over the last twelve months. The price of an established property is £255k. There were 1631 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 521 (31.9%) properties sold, followed by £200k-£250k price range with 343 (21.0%) properties sold. Most new homes were sold in West Midlands, with 639 sold to date from June 2021 - May 2022.

June 2021 - May 2022

West Midlands regionEngland and Wales

£307k

average price of a new property

£397k

average price of a new property

10%

average price percentage change

9%

average price percentage change

£28.3k

average price change

£33.6k

average price change

West Midlands cost comparison of new homes and older homes

June 2021 - May 2022

West Midlands cost comparison of new homes and older homes

£307k

A newly built property

£255k

An established property

West Midlands sales share of new homes and older homes

June 2021 - May 2022

West Midlands sales share of new homes and older homes

2.5%

A newly built property

1.6k

97.5%

An established property

63.8k

65.4k

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
Herefordshire523.2%
Shropshire21012.9%
Staffordshire29718.2%
Warwickshire29017.8%
West Midlands63939.2%
Worcestershire1438.8%

West Midlands new home sales share by price range

shows a sales volume of new homes in a given price range between June 2021 - May 2022. See also West Midlands property sales reports.

West Midlands new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k1.3%21
£100k-£150k3.5%57
£150k-£200k8.6%141
£200k-£250k21.0%343
£250k-£300k18.2%297
£300k-£400k31.9%521
£400k-£500k9.6%156
£500k-£750k5.6%92
£750k-£1M0.2%3

West Midlands cost comparison of new houses and new flats

June 2021 - May 2022

West Midlands cost comparison of new houses and new flats

£383k

Detached

£264k

Flat

£252k

Semi-Detached

£241k

Terraced

West Midlands sales share of new houses and new flats

June 2021 - May 2022

West Midlands sales share of new houses and new flats

40.6%

Detached

662

25.3%

Flat

413

22.3%

Semi-Detached

364

11.8%

Terraced

192

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

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 metre

property transactions

home energy certificates

population statistics

salary and unemployment

energy costs

crime statistics

home features

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