Last year most property sales in West Midlands involved semi-detached properties which sold for on average £195,054. Terraced properties sold for an average price of £164,497, while detached properties fetched £341,446.
West Midlands, with an overall average price of £220,496 was more expensive than nearby East Midlands (£206,869) and North West (£190,250), but was cheaper than South West (£285,052). The priciest area within West Midlands was Warwickshire (£290,857) and the least expensive was Staffordshire (£193,753).
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 £197,080.