Last year most property sales in West Midlands involved semi-detached properties which sold for on average £164,274. Terraced properties sold for an average price of £138,154, while detached properties fetched £290,744.
West Midlands, with an overall average price of £185,002 was more expensive than nearby East Midlands (£172,416) and North West (£164,769), but was cheaper than South West (£239,640). The priciest area within West Midlands was Warwickshire (£239,249) and the least expensive was Staffordshire (£163,558).
During the last year, sold prices in West Midlands were 4% up on the previous year and 4% up on 2010 when the average house price was £178,118.