The price of a newly built property is £345k in West Midlands region. The price increased by £32.0k (10%) over the last twelve months. The price of an established property is £266k. There were 1138 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 350 (30.8%) properties sold, followed by £250k-£300k price range with 213 (18.7%) properties sold. Most new homes were sold in West Midlands, with 267 sold to date from June 2023 - May 2024.
| June 2023 - May 2024 | West Midlands region | England & Wales |
|---|---|---|
| Average price of a new home | £345k | £384k |
Average price change | 10% £32.0k | 0% £-1.9k |
June 2023 - May 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £345k |
| █ An established property | £266k |
June 2023 - May 2024
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Herefordshire | 30 | 2.6% | |
| Shropshire | 175 | 15.4% | |
| Staffordshire | 267 | 23.5% | |
| Warwickshire | 252 | 22.1% | |
| West Midlands | 267 | 23.5% | |
| Worcestershire | 147 | 12.9% | |
shows a sales volume of new homes in a given price range between June 2023 - May 2024. See also West Midlands property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 1.1% | 13 |
| █ £100k-£150k | 2.9% | 33 |
| █ £150k-£200k | 6.2% | 71 |
| █ £200k-£250k | 13.7% | 156 |
| █ £250k-£300k | 18.7% | 213 |
| █ £300k-£400k | 30.8% | 350 |
| █ £400k-£500k | 16.2% | 184 |
| █ £500k-£750k | 9.2% | 105 |
| █ £750k-£1M | 0.8% | 9 |
| █ over £1M | 0.4% | 4 |
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
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