Last year most property sales in West Midlands involved semi-detached properties which sold for on average £176,730. Terraced properties sold for an average price of £148,650, while detached properties fetched £310,061.
West Midlands, with an overall average price of £198,634 was more expensive than nearby East Midlands (£187,730) and North West (£174,871), but was cheaper than South West (£260,039). The priciest area within West Midlands was Warwickshire (£259,863) and the least expensive was Staffordshire (£175,631).
During the last year, sold prices in West Midlands were similar to the previous year and 12% up on 2013 when the average house price was £178,069.