The price of a newly built property is £335k in West Midlands county county. The price increased by £41.2k (14%) over the last twelve months. The price of an established property is £247k. There were 153 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 42 (27.5%) properties sold, followed by £250k-£300k price range with 39 (25.5%) properties sold. Most new homes were sold in CV2 1, with 22 sold to date from October 2023 - September 2024.
| October 2023 - September 2024 | West Midlands county county | England & Wales |
|---|---|---|
| Average price of a new home | £335k | £373k |
Average price change | 14% £41.2k | -5% £-20.3k |
October 2023 - September 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £335k |
| █ An established property | £247k |
October 2023 - September 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 October 2023 - September 2024. See also West Midlands county property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £100k-£150k | 0.7% | 1 |
| █ £150k-£200k | 6.5% | 10 |
| █ £200k-£250k | 18.3% | 28 |
| █ £250k-£300k | 25.5% | 39 |
| █ £300k-£400k | 27.5% | 42 |
| █ £400k-£500k | 12.4% | 19 |
| █ £500k-£750k | 7.8% | 12 |
| █ £750k-£1M | 0.7% | 1 |
| █ over £1M | 0.7% | 1 |
October 2023 - September 2024
October 2023 - September 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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