The price of a newly built property is £347k in West Midlands region. The price increased by £40.2k (13%) over the last twelve months. The price of an established property is £266k. There were 866 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 246 (28.4%) properties sold, followed by £250k-£300k price range with 179 (20.7%) properties sold. Most new homes were sold in Warwickshire, with 202 sold to date from April 2023 - March 2024.
| April 2023 - March 2024 | West Midlands region | England & Wales |
|---|---|---|
| Average price of a new home | £347k | £403k |
Average price change | 13% £40.2k | 5% £19.8k |
April 2023 - March 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £347k |
| █ An established property | £266k |
April 2023 - March 2024
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Herefordshire | 27 | 3.1% | |
| Shropshire | 134 | 15.5% | |
| Staffordshire | 184 | 21.2% | |
| Warwickshire | 202 | 23.3% | |
| West Midlands | 190 | 21.9% | |
| Worcestershire | 129 | 14.9% | |
shows a sales volume of new homes in a given price range between April 2023 - March 2024. See also West Midlands property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 1.2% | 10 |
| █ £100k-£150k | 3.9% | 34 |
| █ £150k-£200k | 4.6% | 40 |
| █ £200k-£250k | 13.2% | 114 |
| █ £250k-£300k | 20.7% | 179 |
| █ £300k-£400k | 28.4% | 246 |
| █ £400k-£500k | 15.8% | 137 |
| █ £500k-£750k | 11.3% | 98 |
| █ £750k-£1M | 0.9% | 8 |
April 2023 - March 2024
April 2023 - March 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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