Last year most property sales in West Midlands involved semi-detached properties which sold for on average £154,629. Terraced properties sold for an average price of £131,112, while detached properties fetched £275,018.
West Midlands, with an overall average price of £176,477 was more expensive than nearby East Midlands (£162,523) and North West (£157,782), but was cheaper than South West (£226,911). The priciest area within West Midlands was Warwickshire (£222,886) and the least expensive was West Midlands (County) (£157,660).
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 £178,124.