Last year most property sales in West Midlands involved semi-detached properties which sold for on average £194,395. Terraced properties sold for an average price of £163,108, while detached properties fetched £340,631.
West Midlands, with an overall average price of £219,809 was more expensive than nearby East Midlands (£206,351) and North West (£190,332), but was cheaper than South West (£285,005). The priciest area within West Midlands was Warwickshire (£288,973) and the least expensive was Staffordshire (£193,815).
During the last year, sold prices in West Midlands were 3% up on the previous year and 12% up on 2015 when the average house price was £197,078.