Last year most property sales in West Midlands involved semi-detached properties which sold for on average £173,048. Terraced properties sold for an average price of £146,812, while detached properties fetched £309,069.
West Midlands, with an overall average price of £198,077 was more expensive than nearby East Midlands (£186,234) and North West (£173,702), but was cheaper than South West (£256,202). The priciest area within West Midlands was Warwickshire (£255,025) and the least expensive was Staffordshire (£175,609).
During the last year, sold prices in West Midlands were 4% up on the previous year and 11% up on 2010 when the average house price was £178,399.