Last year most property sales in West Midlands involved semi-detached properties which sold for on average £235,915. Terraced properties sold for an average price of £204,034, while detached properties fetched £415,672.
West Midlands, with an overall average price of £266,646 was more expensive than nearby East Midlands (£249,854) and North West (£231,032), but was cheaper than South West (£344,123). The priciest area within West Midlands was Warwickshire (£340,533) and the least expensive was Staffordshire (£235,203).
During the last year, sold prices in West Midlands were similar to the previous year and 15% up on 2019 when the average house price was £231,303.