Last year most property sales in West Midlands involved semi-detached properties which sold for on average £166,906. Terraced properties sold for an average price of £140,669, while detached properties fetched £300,689.
West Midlands, with an overall average price of £190,420 was more expensive than nearby East Midlands (£176,896) and North West (£168,096), but was cheaper than South West (£245,804). The priciest area within West Midlands was Warwickshire (£243,280) and the least expensive was Staffordshire (£169,306).
During the last year, sold prices in West Midlands were 5% up on the previous year and 7% up on 2010 when the average house price was £178,133.