The price of a newly built property is £296k in West Midlands county county. The price declined by £-7.6k (-3%) over the last twelve months. The price of an established property is £247k. There were 273 sales of newly build properties. Most new properties were sold in the £250k-£300k price range with 59 (21.6%) properties sold, followed by £300k-£400k price range with 55 (20.1%) properties sold. Most new homes were sold in WS3 1, with 26 sold to date from December 2023 - November 2024.
December 2023 - November 2024 | West Midlands county county | England & Wales |
---|---|---|
Average price of a new home | £296k | £377k |
Average price change | -3% £-7.6k | -5% £-20.2k |
December 2023 - November 2024
New or established | Average price |
---|---|
█ A newly built property | £296k |
█ An established property | £247k |
December 2023 - November 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 December 2023 - November 2024. See also West Midlands county property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £100k-£150k | 4.0% | 11 |
█ £150k-£200k | 19.8% | 54 |
█ £200k-£250k | 19.0% | 52 |
█ £250k-£300k | 21.6% | 59 |
█ £300k-£400k | 20.1% | 55 |
█ £400k-£500k | 8.4% | 23 |
█ £500k-£750k | 5.9% | 16 |
█ £750k-£1M | 0.4% | 1 |
█ over £1M | 0.7% | 2 |
December 2023 - November 2024
December 2023 - November 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