West Midlands county newly built property prices

The price of a newly built property is £312k in West Midlands county county. The price increased by £6.3k (2%) over the last twelve months. The price of an established property is £247k. There were 200 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 46 (23.0%) properties sold, followed by £300k-£400k price range with 43 (21.5%) properties sold. Most new homes were sold in B90 8, with 19 sold to date from January 2024 - December 2024.

January 2024 - December 2024West Midlands county countyEngland & Wales
Average price of a new home£312k£381k

Average price change
2%
£6.3k
-4%
£-14.2k

West Midlands county cost comparison of new homes and older homes

January 2024 - December 2024

West Midlands county cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£312k
An established property£247k

West Midlands county sales share of new homes and older homes

January 2024 - December 2024

West Midlands county sales share of new homes and older homes

0.9%

A newly built property

200

99.1%

An established property

21.0k

21.2k

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 January 2024 - December 2024. See also West Midlands county property sales reports.

West Midlands county new home sales share by price range

Property price rangeMarket shareSales volume
£100k-£150k1.0%2
£150k-£200k15.0%30
£200k-£250k23.0%46
£250k-£300k21.0%42
£300k-£400k21.5%43
£400k-£500k9.0%18
£500k-£750k8.5%17
£750k-£1M0.5%1
over £1M0.5%1

West Midlands county cost comparison of new houses and new flats

January 2024 - December 2024

West Midlands county cost comparison of new houses and new flats

£387k

Detached

£285k

Flat

£283k

Semi-Detached

£282k

Terraced

West Midlands county sales share of new houses and new flats

January 2024 - December 2024

West Midlands county sales share of new houses and new flats

27.0%

Detached

54

23.0%

Flat

46

39.5%

Semi-Detached

79

10.5%

Terraced

21

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

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