Last year most property sales in West Midlands involved semi-detached properties which sold for on average £193,882. Terraced properties sold for an average price of £162,066, while detached properties fetched £340,196.
West Midlands, with an overall average price of £219,203 was more expensive than nearby East Midlands (£206,424) and North West (£190,804), but was cheaper than South West (£286,178). The priciest area within West Midlands was Warwickshire (£286,658) and the least expensive was Staffordshire (£194,012).
During the last year, sold prices in West Midlands were 3% up on the previous year and 11% up on 2015 when the average house price was £197,079.