The price of a newly built property is £325k in West Midlands region. The price increased by £6.3k (2%) over the last twelve months. The price of an established property is £267k. There were 1124 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 325 (28.9%) properties sold, followed by £250k-£300k price range with 227 (20.2%) properties sold. Most new homes were sold in Staffordshire, with 339 sold to date from January 2024 - December 2024.
| January 2024 - December 2024 | West Midlands region | England & Wales |
|---|---|---|
| Average price of a new home | £325k | £381k |
Average price change | 2% £6.3k | -4% £-14.2k |
January 2024 - December 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £325k |
| █ An established property | £267k |
January 2024 - December 2024
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Herefordshire | 34 | 3% | |
| Shropshire | 174 | 15.5% | |
| Staffordshire | 339 | 30.2% | |
| Warwickshire | 222 | 19.8% | |
| West Midlands | 200 | 17.8% | |
| Worcestershire | 155 | 13.8% | |
shows a sales volume of new homes in a given price range between January 2024 - December 2024. See also West Midlands property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 1.0% | 11 |
| █ £100k-£150k | 3.3% | 37 |
| █ £150k-£200k | 8.0% | 90 |
| █ £200k-£250k | 16.6% | 187 |
| █ £250k-£300k | 20.2% | 227 |
| █ £300k-£400k | 28.9% | 325 |
| █ £400k-£500k | 14.4% | 162 |
| █ £500k-£750k | 7.0% | 79 |
| █ £750k-£1M | 0.4% | 4 |
| █ over £1M | 0.2% | 2 |
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
login →