The price of a newly built property is £345k in West Midlands county county. The price increased by £70.9k (26%) over the last twelve months. The price of an established property is £248k. There were 190 sales of newly build properties. Most new properties were sold in the £250k-£300k price range with 53 (27.9%) properties sold, followed by £500k-£750k price range with 37 (19.5%) properties sold. Most new homes were sold in B90 8, with 57 sold to date from April 2023 - March 2024.
April 2023 - March 2024 | West Midlands county county | England & Wales |
---|---|---|
Average price of a new home | £345k | £403k |
Average price change | 26% £70.9k | 5% £19.8k |
April 2023 - March 2024
New or established | Average price |
---|---|
█ A newly built property | £345k |
█ An established property | £248k |
April 2023 - March 2024
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 April 2023 - March 2024. See also West Midlands county property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 2.6% | 5 |
█ £100k-£150k | 1.6% | 3 |
█ £150k-£200k | 6.8% | 13 |
█ £200k-£250k | 17.4% | 33 |
█ £250k-£300k | 27.9% | 53 |
█ £300k-£400k | 14.7% | 28 |
█ £400k-£500k | 8.9% | 17 |
█ £500k-£750k | 19.5% | 37 |
█ £750k-£1M | 0.5% | 1 |
April 2023 - March 2024
April 2023 - March 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