Last year most property sales in West Midlands involved semi-detached properties which sold for on average £157,680. Terraced properties sold for an average price of £132,884, while detached properties fetched £276,941.
West Midlands, with an overall average price of £178,515 was more expensive than nearby East Midlands (£164,667) and North West (£159,820), but was cheaper than South West (£229,441). The priciest area within West Midlands was Warwickshire (£227,104) and the least expensive was Staffordshire (£158,552).
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 £178,121.