The price of a newly built property is £318k in West Midlands region. The price declined by £-5.7k (-2%) over the last twelve months. The price of an established property is £276k. There were 2413 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 706 (29.3%) properties sold, followed by £250k-£300k price range with 509 (21.1%) properties sold. Most new homes were sold in West Midlands, with 669 sold to date from May 2024 - April 2025.
May 2024 - April 2025 | West Midlands region | England & Wales |
---|---|---|
Average price of a new home | £318k | £381k |
Average price change | -2% £-5.7k | -3% £-11.5k |
May 2024 - April 2025
New or established | Average price |
---|---|
█ A newly built property | £318k |
█ An established property | £276k |
May 2024 - April 2025
shows the total volume of new homes sold a given county.
County | Sales volume | Market share | |
---|---|---|---|
Herefordshire | 101 | 4.2% | |
Shropshire | 326 | 13.5% | |
Staffordshire | 631 | 26.2% | |
Warwickshire | 440 | 18.2% | |
West Midlands | 669 | 27.7% | |
Worcestershire | 246 | 10.2% |
shows a sales volume of new homes in a given price range between May 2024 - April 2025. See also West Midlands property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 1.9% | 47 |
█ £100k-£150k | 3.4% | 83 |
█ £150k-£200k | 8.3% | 200 |
█ £200k-£250k | 16.3% | 394 |
█ £250k-£300k | 21.1% | 509 |
█ £300k-£400k | 29.3% | 706 |
█ £400k-£500k | 12.6% | 305 |
█ £500k-£750k | 6.2% | 149 |
█ £750k-£1M | 0.7% | 18 |
█ over £1M | 0.1% | 2 |
May 2024 - April 2025
May 2024 - April 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