Last year most property sales in West Midlands involved semi-detached properties which sold for on average £159,606. Terraced properties sold for an average price of £134,314, while detached properties fetched £279,552.
West Midlands, with an overall average price of £180,112 was more expensive than nearby East Midlands (£166,346) and North West (£160,699), but was cheaper than South West (£231,663). The priciest area within West Midlands was Warwickshire (£230,009) and the least expensive was Staffordshire (£159,570).
During the last year, sold prices in West Midlands were 3% up on the previous year and similar to 2010 when the average house price was £178,119.