Last year most property sales in West Midlands involved semi-detached properties which sold for on average £168,799. Terraced properties sold for an average price of £142,161, while detached properties fetched £304,194.
West Midlands, with an overall average price of £193,150 was more expensive than nearby East Midlands (£179,912) and North West (£170,254), but was cheaper than South West (£248,823). The priciest area within West Midlands was Warwickshire (£247,473) and the least expensive was Staffordshire (£172,066).
During the last year, sold prices in West Midlands were 4% up on the previous year and 8% up on 2010 when the average house price was £178,147.