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 2024 | West Midlands county county | England & Wales |
---|---|---|
Average price of a new home | £312k | £381k |
Average price change | 2% £6.3k | -4% £-14.2k |
January 2024 - December 2024
New or established | Average price |
---|---|
█ A newly built property | £312k |
█ An established property | £247k |
January 2024 - December 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 January 2024 - December 2024. See also West Midlands county property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £100k-£150k | 1.0% | 2 |
█ £150k-£200k | 15.0% | 30 |
█ £200k-£250k | 23.0% | 46 |
█ £250k-£300k | 21.0% | 42 |
█ £300k-£400k | 21.5% | 43 |
█ £400k-£500k | 9.0% | 18 |
█ £500k-£750k | 8.5% | 17 |
█ £750k-£1M | 0.5% | 1 |
█ over £1M | 0.5% | 1 |
January 2024 - December 2024
January 2024 - December 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