The price of a newly built property is £324k in West Midlands region. The price increased by £613 (0%) over the last twelve months. The price of an established property is £272k. There were 1864 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 549 (29.5%) properties sold, followed by £250k-£300k price range with 403 (21.6%) properties sold. Most new homes were sold in Staffordshire, with 514 sold to date from March 2024 - February 2025.
| March 2024 - February 2025 | West Midlands region | England & Wales |
|---|---|---|
| Average price of a new home | £324k | £379k |
Average price change | 0% £613 | -4% £-17.8k |
March 2024 - February 2025
| New or established | Average price |
|---|---|
| █ A newly built property | £324k |
| █ An established property | £272k |
March 2024 - February 2025
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Herefordshire | 90 | 4.8% | |
| Shropshire | 256 | 13.7% | |
| Staffordshire | 514 | 27.6% | |
| Warwickshire | 368 | 19.7% | |
| West Midlands | 424 | 22.7% | |
| Worcestershire | 212 | 11.4% | |
shows a sales volume of new homes in a given price range between March 2024 - February 2025. See also West Midlands property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 0.7% | 13 |
| █ £100k-£150k | 4.1% | 77 |
| █ £150k-£200k | 7.5% | 140 |
| █ £200k-£250k | 15.6% | 290 |
| █ £250k-£300k | 21.6% | 403 |
| █ £300k-£400k | 29.5% | 549 |
| █ £400k-£500k | 13.3% | 248 |
| █ £500k-£750k | 6.8% | 127 |
| █ £750k-£1M | 0.8% | 15 |
| █ over £1M | 0.1% | 2 |
March 2024 - February 2025
March 2024 - February 2025
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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