Last year most property sales in West Midlands involved semi-detached properties which sold for on average £161,926. Terraced properties sold for an average price of £136,066, while detached properties fetched £285,225.
West Midlands, with an overall average price of £182,339 was more expensive than nearby East Midlands (£169,487) and North West (£162,276), but was cheaper than South West (£235,091). The priciest area within West Midlands was Warwickshire (£234,824) and the least expensive was Staffordshire (£161,272).
During the last year, sold prices in West Midlands were 3% up on the previous year and similar to 2010 when the average house price was £178,113.