The price of a newly built property is £325k in West Midlands region. The price increased by £4.5k (1%) over the last twelve months. The price of an established property is £270k. There were 1430 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 417 (29.2%) properties sold, followed by £250k-£300k price range with 297 (20.8%) properties sold. Most new homes were sold in Staffordshire, with 410 sold to date from February 2024 - January 2025.
| February 2024 - January 2025 | West Midlands region | England & Wales |
|---|---|---|
| Average price of a new home | £325k | £377k |
Average price change | 1% £4.5k | -5% £-18.9k |
February 2024 - January 2025
| New or established | Average price |
|---|---|
| █ A newly built property | £325k |
| █ An established property | £270k |
February 2024 - January 2025
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Herefordshire | 56 | 3.9% | |
| Shropshire | 211 | 14.8% | |
| Staffordshire | 410 | 28.7% | |
| Warwickshire | 270 | 18.9% | |
| West Midlands | 285 | 19.9% | |
| Worcestershire | 198 | 13.8% | |
shows a sales volume of new homes in a given price range between February 2024 - January 2025. See also West Midlands property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 0.8% | 12 |
| █ £100k-£150k | 3.7% | 53 |
| █ £150k-£200k | 7.6% | 108 |
| █ £200k-£250k | 16.3% | 233 |
| █ £250k-£300k | 20.8% | 297 |
| █ £300k-£400k | 29.2% | 417 |
| █ £400k-£500k | 14.1% | 202 |
| █ £500k-£750k | 6.8% | 97 |
| █ £750k-£1M | 0.6% | 9 |
| █ over £1M | 0.1% | 2 |
February 2024 - January 2025
February 2024 - January 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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