West Midlands county newly built property prices

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 2024West Midlands county countyEngland & Wales
Average price of a new home£345k£403k

Average price change
26%
£70.9k
5%
£19.8k

West Midlands county cost comparison of new homes and older homes

April 2023 - March 2024

West Midlands county cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£345k
An established property£248k

West Midlands county sales share of new homes and older homes

April 2023 - March 2024

West Midlands county sales share of new homes and older homes

1.0%

A newly built property

190

99.0%

An established property

18.6k

18.7k

total sales volume

West Midlands county map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

West Midlands county map of sales of new properties

West Midlands county new home sales share by price range

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.

West Midlands county new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k2.6%5
£100k-£150k1.6%3
£150k-£200k6.8%13
£200k-£250k17.4%33
£250k-£300k27.9%53
£300k-£400k14.7%28
£400k-£500k8.9%17
£500k-£750k19.5%37
£750k-£1M0.5%1

West Midlands county cost comparison of new houses and new flats

April 2023 - March 2024

West Midlands county cost comparison of new houses and new flats

£525k

Detached

£273k

Flat

£306k

Semi-Detached

£238k

Terraced

West Midlands county sales share of new houses and new flats

April 2023 - March 2024

West Midlands county sales share of new houses and new flats

25.8%

Detached

49

24.2%

Flat

46

36.3%

Semi-Detached

69

13.7%

Terraced

26

West Midlands county real new home prices

Yearly average nominal house prices adjusted for inflation

West Midlands county real new home prices

West Midlands county new home prices compared to England & Wales' new home prices

Yearly average nominal prices

West Midlands county new home prices

West Midlands county new home prices and nearby counties

Yearly average nominal prices

West Midlands county new home prices and nearby counties

West Midlands county house prices new vs established

Yearly average nominal prices

West Midlands county house prices new vs established

West Midlands county annual sales of new homes and older homes

Total sales volumes by year

West Midlands county annual sales of new homes and older homes

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Other reports for West Midlands county county

house prices

house prices per square metre

property transactions

population statistics

salary and unemployment

crime statistics

home energy efficiency

energy costs

home features

plumplot area insights tutorial
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