The price of a newly built property is £325k in West Midlands region. The price increased by £7.8k (2%) over the last twelve months. The price of an established property is £265k. There were 1235 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 337 (27.3%) properties sold, followed by £250k-£300k price range with 251 (20.3%) properties sold. Most new homes were sold in Staffordshire, with 407 sold to date from November 2023 - October 2024.
| November 2023 - October 2024 | West Midlands region | England & Wales |
|---|---|---|
| Average price of a new home | £325k | £381k |
Average price change | 2% £7.8k | -4% £-16.5k |
November 2023 - October 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £325k |
| █ An established property | £265k |
November 2023 - October 2024
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Herefordshire | 31 | 2.5% | |
| Shropshire | 220 | 17.8% | |
| Staffordshire | 407 | 33% | |
| Warwickshire | 217 | 17.6% | |
| West Midlands | 203 | 16.4% | |
| Worcestershire | 157 | 12.7% | |
shows a sales volume of new homes in a given price range between November 2023 - October 2024. See also West Midlands property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 1.5% | 18 |
| █ £100k-£150k | 4.0% | 50 |
| █ £150k-£200k | 7.9% | 98 |
| █ £200k-£250k | 15.9% | 196 |
| █ £250k-£300k | 20.3% | 251 |
| █ £300k-£400k | 27.3% | 337 |
| █ £400k-£500k | 14.9% | 184 |
| █ £500k-£750k | 7.6% | 94 |
| █ £750k-£1M | 0.3% | 4 |
| █ over £1M | 0.2% | 3 |
November 2023 - October 2024
November 2023 - October 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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