Last year most property sales in West Midlands involved semi-detached properties which sold for on average £167,071. Terraced properties sold for an average price of £140,949, while detached properties fetched £300,792.
West Midlands, with an overall average price of £190,532 was more expensive than nearby East Midlands (£177,413) and North West (£168,245), but was cheaper than South West (£246,059). The priciest area within West Midlands was Warwickshire (£244,087) and the least expensive was Staffordshire (£168,877).
During the last year, sold prices in West Midlands were 4% up on the previous year and 7% up on 2010 when the average house price was £178,141.