Last year most property sales in West Midlands involved semi-detached properties which sold for on average £152,802. Terraced properties sold for an average price of £129,421, while detached properties fetched £271,851.
West Midlands, with an overall average price of £174,638 was more expensive than nearby East Midlands (£160,701) and North West (£156,147), but was cheaper than South West (£225,733). The priciest area within West Midlands was Warwickshire (£218,425) and the least expensive was West Midlands (County) (£154,629).
During the last year, sold prices in West Midlands were similar to the previous year and similar to 2010 when the average house price was £178,104.