Last year most property sales in West Midlands involved semi-detached properties which sold for on average £172,807. Terraced properties sold for an average price of £146,305, while detached properties fetched £308,687.
West Midlands, with an overall average price of £197,744 was more expensive than nearby East Midlands (£185,883) and North West (£173,720), but was cheaper than South West (£255,370). The priciest area within West Midlands was Warwickshire (£254,940) and the least expensive was Staffordshire (£175,529).
During the last year, sold prices in West Midlands were 4% up on the previous year and 11% up on 2010 when the average house price was £178,378.