Last year most property sales in West Midlands involved semi-detached properties which sold for on average £178,049. Terraced properties sold for an average price of £149,248, while detached properties fetched £312,716.
West Midlands, with an overall average price of £200,156 was more expensive than nearby East Midlands (£188,634) and North West (£175,429), but was cheaper than South West (£262,016). The priciest area within West Midlands was Warwickshire (£261,820) and the least expensive was Staffordshire (£177,443).
During the last year, sold prices in West Midlands were similar to the previous year and 12% up on 2013 when the average house price was £178,067.