Last year most property sales in West Midlands involved semi-detached properties which sold for on average £153,014. Terraced properties sold for an average price of £129,440, while detached properties fetched £272,450.
West Midlands, with an overall average price of £174,999 was more expensive than nearby East Midlands (£160,767) and North West (£156,136), but was cheaper than South West (£225,620). The priciest area within West Midlands was Warwickshire (£218,719) and the least expensive was West Midlands (County) (£155,328).
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 £178,111.