Last year most property sales in West Midlands involved semi-detached properties which sold for on average £197,494. Terraced properties sold for an average price of £164,194, while detached properties fetched £344,766.
West Midlands, with an overall average price of £222,583 was more expensive than nearby East Midlands (£209,896) and North West (£191,483), but was cheaper than South West (£287,034). The priciest area within West Midlands was Warwickshire (£291,703) and the least expensive was Staffordshire (£194,288).
During the last year, sold prices in West Midlands were 3% up on the previous year and 13% up on 2015 when the average house price was £197,087.