Last year most property sales in West Midlands involved semi-detached properties which sold for on average £166,125. Terraced properties sold for an average price of £140,412, while detached properties fetched £295,930.
West Midlands, with an overall average price of £188,834 was more expensive than nearby East Midlands (£175,346) and North West (£167,385), but was cheaper than South West (£242,798). The priciest area within West Midlands was Warwickshire (£243,745) and the least expensive was Staffordshire (£166,647).
During the last year, sold prices in West Midlands were 6% up on the previous year and 6% up on 2010 when the average house price was £178,131.