Area type
Metropolitan County
Population
2,939,927
Average detached price
£413,940
Average semi-detached price
£231,136
Average terraced price
£185,696
Average flat price
£146,903
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The average property value in West Midlands County is £241,076 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in West Midlands County grew by £28,844. Compare house prices by area
Average property prices in West Midlands County grew by 13.6% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.5% per year.
If prices in West Midlands County continue to rise by 4.5% a year, the average property price will be £287,096 in 2025.
The most expensive property values in West Midlands County are found in Solihull, and the cheapest property values are found in Sandwell.
There were 27,768 property sales in West Midlands County in the year ending June 2021, a decrease of 360 when compared to the previous year.
The average price for a house in West Midlands County ranges from £185,696 for a terraced house to £413,940 for a detached house, with semi-detached in between costing on average £231,136.
The average price for a flat or maisonette in West Midlands County is £146,903.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in West Midlands County, semi-detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 44.0% from £287,501 to £413,940, semi-detached house prices have risen 55.2% from £148,922 to £231,136, terraced house prices have risen 51.1% from £122,883 to £185,696, and flat prices have risen 33.7% from £109,890 to £146,903.
The most common type of property sold in West Midlands County during the year ending June 2021 was semi-detached houses, which accounted for 38.6% of properties.
The least commonly available type of property sold in West Midlands County were flats, which account for 11.5% of properties sold.
Of the properties sold in West Midlands County during 2021, 1.1% were new build properties.
The average price paid for a new build property in West Midlands County was £9,175 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was flats (46% of new build properties sold). For existing properties, the most common type is semi-detached houses (39% of existing properties sold).
Rental Market of West Midlands County
West Midlands County Crime
West Midlands County population
The most common price band for property sales in West Midlands County is £200k - £300k, which accounted for 18.9% of properties sold in 2021.
0.3% of properties in West Midlands County had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in West Midlands County were in the under £50k price bracket, accounting for 0.1% of sales.
The cheapest property prices in West Midlands County are found in Sandwell, where the average cost of a property is £178,662. Between the years ending June 2020 and June 2021, property prices have changed by 8.8% in Sandwell (compared to 13.6% in West Midlands County)
Rank | Area | Average property price | YoY change in price |
|---|---|---|---|
| 1 | Sandwell Metropolitan District | £178,662 | 8.8% |
| 2 | Wolverhampton Metropolitan District | £195,675 | 13.2% |
| 3 | Walsall Metropolitan District | £212,302 | 14.2% |
| 4 | Coventry Metropolitan District | £219,511 | 6.9% |
| 5 | Dudley Metropolitan District | £220,978 | 12.1% |
The most expensive property values in West Midlands County are found in Solihull, where the average property price is £374,626. Between the years ending June 2020 and June 2021, property prices have changed by 13.7% in Solihull (compared to 13.6% in West Midlands County)
Rank | Area | Average Property Price | YoY CHANGE in PRICE |
|---|---|---|---|
| 1 | Solihull Metropolitan District | £374,626 | 13.7% |
| 2 | Birmingham Metropolitan District | £246,694 | 13.1% |
| 3 | Dudley Metropolitan District | £220,978 | 12.1% |
| 4 | Coventry Metropolitan District | £219,511 | 6.9% |
| 5 | Walsall Metropolitan District | £212,302 | 14.2% |
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics