Last year most property sales in West Midlands involved semi-detached properties which sold for on average £261,639. Detached properties sold for an average price of £441,652, while terraced properties fetched £215,960.
West Midlands, with an overall average price of £287,431 was more expensive than nearby East Midlands (£270,797) and North West (£254,584), but was cheaper than South West (£360,269). The priciest area within West Midlands was Warwickshire (£357,751) and the least expensive was Staffordshire (£250,530).
During the last year, sold prices in West Midlands were similar to the previous year and similar to 2022 when the average house price was £281,127.
