Last year most property sales in West Midlands involved semi-detached properties which sold for on average £167,017. Terraced properties sold for an average price of £140,343, while detached properties fetched £299,778.
West Midlands, with an overall average price of £190,261 was more expensive than nearby East Midlands (£176,360) and North West (£167,913), but was cheaper than South West (£245,517). The priciest area within West Midlands was Warwickshire (£245,042) and the least expensive was Staffordshire (£168,988).
During the last year, sold prices in West Midlands were 5% up on the previous year and 7% up on 2010 when the average house price was £178,133.