Last year most property sales in West Midlands involved semi-detached properties which sold for on average £164,948. Terraced properties sold for an average price of £138,882, while detached properties fetched £293,899.
West Midlands, with an overall average price of £186,496 was more expensive than nearby East Midlands (£173,217) and North West (£165,463), but was cheaper than South West (£241,016). The priciest area within West Midlands was Warwickshire (£242,154) and the least expensive was Staffordshire (£164,437).
During the last year, sold prices in West Midlands were 5% up on the previous year and 5% up on 2010 when the average house price was £178,127.