Last year most property sales in West Midlands involved semi-detached properties which sold for on average £171,181. Terraced properties sold for an average price of £144,571, while detached properties fetched £306,685.
West Midlands, with an overall average price of £196,040 was more expensive than nearby East Midlands (£183,709) and North West (£172,821), but was cheaper than South West (£253,919). The priciest area within West Midlands was Warwickshire (£250,787) and the least expensive was Staffordshire (£173,725).
During the last year, sold prices in West Midlands were 4% up on the previous year and 10% up on 2010 when the average house price was £178,138.