Last year most property sales in West Midlands involved semi-detached properties which sold for on average £181,450. Terraced properties sold for an average price of £152,477, while detached properties fetched £319,744.
West Midlands, with an overall average price of £205,388 was more expensive than nearby East Midlands (£193,132) and North West (£179,427), but was cheaper than South West (£267,704). The priciest area within West Midlands was Warwickshire (£269,279) and the least expensive was Staffordshire (£182,270).
During the last year, sold prices in West Midlands were 4% up on the previous year and 10% up on 2014 when the average house price was £187,332.