Last year most property sales in West Midlands involved semi-detached properties which sold for on average £175,636. Terraced properties sold for an average price of £148,285, while detached properties fetched £308,583.
West Midlands, with an overall average price of £198,123 was more expensive than nearby East Midlands (£186,556) and North West (£174,265), but was cheaper than South West (£258,694). The priciest area within West Midlands was Warwickshire (£259,142) and the least expensive was Staffordshire (£175,682).
During the last year, sold prices in West Midlands were similar to the previous year and 11% up on 2013 when the average house price was £178,067.