Last year most property sales in West Midlands involved semi-detached properties which sold for on average £159,815. Terraced properties sold for an average price of £134,315, while detached properties fetched £279,615.
West Midlands, with an overall average price of £179,824 was more expensive than nearby East Midlands (£166,851) and North West (£160,679), but was cheaper than South West (£231,879). The priciest area within West Midlands was Warwickshire (£230,616) and the least expensive was Staffordshire (£158,050).
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.