Last year most property sales in West Midlands involved semi-detached properties which sold for on average £182,473. Terraced properties sold for an average price of £154,038, while detached properties fetched £321,933.
West Midlands, with an overall average price of £208,344 was more expensive than nearby East Midlands (£195,326) and North West (£180,844), but was cheaper than South West (£269,692). The priciest area within West Midlands was Warwickshire (£271,010) and the least expensive was Staffordshire (£184,872).
During the last year, sold prices in West Midlands were 5% up on the previous year and 11% up on 2014 when the average house price was £187,330.