Last year most property sales in West Midlands involved semi-detached properties which sold for on average £163,863. Terraced properties sold for an average price of £137,463, while detached properties fetched £289,499.
West Midlands, with an overall average price of £184,338 was more expensive than nearby East Midlands (£171,697) and North West (£164,294), but was cheaper than South West (£238,707). The priciest area within West Midlands was Warwickshire (£237,769) and the least expensive was Staffordshire (£162,623).
During the last year, sold prices in West Midlands were 4% up on the previous year and 3% up on 2010 when the average house price was £178,119.