The price of a newly built property is £336k in West Midlands region. The price increased by £21.1k (7%) over the last twelve months. The price of an established property is £265k. There were 998 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 288 (28.9%) properties sold, followed by £250k-£300k price range with 201 (20.1%) properties sold. Most new homes were sold in Staffordshire, with 301 sold to date from October 2023 - September 2024.
| October 2023 - September 2024 | West Midlands region | England & Wales |
|---|---|---|
| Average price of a new home | £336k | £373k |
Average price change | 7% £21.1k | -5% £-20.3k |
October 2023 - September 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £336k |
| █ An established property | £265k |
October 2023 - September 2024
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Herefordshire | 20 | 2% | |
| Shropshire | 177 | 17.7% | |
| Staffordshire | 301 | 30.2% | |
| Warwickshire | 192 | 19.2% | |
| West Midlands | 153 | 15.3% | |
| Worcestershire | 155 | 15.5% | |
shows a sales volume of new homes in a given price range between October 2023 - September 2024. See also West Midlands property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 1.6% | 16 |
| █ £100k-£150k | 4.5% | 45 |
| █ £150k-£200k | 5.5% | 55 |
| █ £200k-£250k | 14.3% | 143 |
| █ £250k-£300k | 20.1% | 201 |
| █ £300k-£400k | 28.9% | 288 |
| █ £400k-£500k | 15.4% | 154 |
| █ £500k-£750k | 8.7% | 87 |
| █ £750k-£1M | 0.4% | 4 |
| █ over £1M | 0.5% | 5 |
October 2023 - September 2024
October 2023 - September 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
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