Last year most property sales in West Midlands involved semi-detached properties which sold for on average £157,098. Terraced properties sold for an average price of £132,296, while detached properties fetched £277,154.
West Midlands, with an overall average price of £178,519 was more expensive than nearby East Midlands (£164,422) and North West (£159,198), but was cheaper than South West (£229,109). The priciest area within West Midlands was Warwickshire (£226,915) and the least expensive was Staffordshire (£158,906).
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 £178,121.