Last year most property sales in West Midlands involved semi-detached properties which sold for on average £257,566. Terraced properties sold for an average price of £210,969, while detached properties fetched £437,369.
West Midlands, with an overall average price of £278,234 was more expensive than nearby East Midlands (£264,035) and North West (£246,442), but was cheaper than South West (£356,427). The priciest area within West Midlands was Warwickshire (£344,850) and the least expensive was Staffordshire (£242,729).
During the last year, sold prices in West Midlands were similar to the previous year and similar to 2022 when the average house price was £281,117.
