Last year most property sales in West Midlands involved semi-detached properties which sold for on average £160,930. Terraced properties sold for an average price of £135,252, while detached properties fetched £281,967.
West Midlands, with an overall average price of £180,866 was more expensive than nearby East Midlands (£168,279) and North West (£161,492), but was cheaper than South West (£233,150). The priciest area within West Midlands was Warwickshire (£232,956) and the least expensive was Staffordshire (£160,096).
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 £178,116.