Last year most property sales in West Midlands involved semi-detached properties which sold for on average £162,844. Terraced properties sold for an average price of £136,873, while detached properties fetched £286,837.
West Midlands, with an overall average price of £183,175 was more expensive than nearby East Midlands (£170,809) and North West (£163,651), but was cheaper than South West (£236,661). The priciest area within West Midlands was Warwickshire (£236,220) and the least expensive was Staffordshire (£161,636).
During the last year, sold prices in West Midlands were 3% up on the previous year and 3% up on 2010 when the average house price was £178,118.