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Area guide for West Midlands

Market activity
Average price paid £187,768 Sales 30,634 Current average value £206,215 (Zoopla Zed-Index) Value change £12,582 ▲ 6.50%

What is the current average value of properties in West Midlands?

The current average value in West Midlands in December 2016 is £206,215. This has increased 3.21% from September 2016. Terraced properties sold for a current average value of £150,386 and semi-detached properties valued £194,752. In the past year property prices in West Midlands have increased 6.50%. This is according to the current Zoopla estimates.

Property value data/graphs for West Midlands

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £379,804 £262 3.6 £329,209
Semi-detached £194,752 £217 3.0 £179,395
Terraced £150,386 £190 2.8 £142,684
Flats £143,954 £229 1.8 £129,878

Current asking prices in West Midlands

Average: £207,626
Avg. current asking prices in West Midlands
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £111,615
(135)
£139,306
(1,159)
£179,860
(3,206)
£315,054
(1,190)
£470,937
(379)
Flats £103,263
(705)
£138,436
(1,111)
£217,059
(92)
£314,980
(5)
-
All £104,605
(840)
£138,880
(2,270)
£180,898
(3,298)
£315,054
(1,195)
£470,937
(379)

Current asking rents in West Midlands

Average: £865 pcm
Avg. current asking prices in West Midlands
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £423 pcm
(753)
£647 pcm
(491)
£792 pcm
(1,176)
£1,077 pcm
(666)
£1,359 pcm
(392)
Flats £504 pcm
(1,384)
£775 pcm
(961)
£955 pcm
(107)
£1,267 pcm
(35)
£1,552 pcm
(14)
All £476 pcm
(2,137)
£732 pcm
(1,452)
£806 pcm
(1,283)
£1,086 pcm
(701)
£1,366 pcm
(406)

Map view of West Midlands

Fun facts for West Midlands

Highest value in West Midlands
Highest value towns Zed-Index
Solihull £890,162
Stourbridge £877,862
Sutton Coldfield £840,254
Solihull £824,469
Wolverhampton £726,785
Highest turnover in West Midlands
Highest turnover towns Turnover
Solihull 17.1%
Sutton Coldfield 17.0%
Stourbridge 13.8%
Halesowen 12.9%
Kingswinford 12.8%