The price of a newly built property is £292k in West Midlands county county. The price declined by £-14.1k (-5%) over the last twelve months. The price of an established property is £252k. There were 424 sales of newly build properties. Most new properties were sold in the £250k-£300k price range with 105 (24.8%) properties sold, followed by £200k-£250k price range with 100 (23.6%) properties sold. Most new homes were sold in WS3 1, with 45 sold to date from March 2024 - February 2025.
March 2024 - February 2025 | West Midlands county county | England & Wales |
---|---|---|
Average price of a new home | £292k | £379k |
Average price change | -5% £-14.1k | -4% £-17.8k |
March 2024 - February 2025
New or established | Average price |
---|---|
█ A newly built property | £292k |
█ An established property | £252k |
March 2024 - February 2025
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 March 2024 - February 2025. See also West Midlands county property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £100k-£150k | 3.3% | 14 |
█ £150k-£200k | 13.7% | 58 |
█ £200k-£250k | 23.6% | 100 |
█ £250k-£300k | 24.8% | 105 |
█ £300k-£400k | 23.1% | 98 |
█ £400k-£500k | 6.8% | 29 |
█ £500k-£750k | 4.0% | 17 |
█ £750k-£1M | 0.2% | 1 |
█ over £1M | 0.5% | 2 |
March 2024 - February 2025
March 2024 - February 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