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Area guide for West Midlands

Market activity
Average price paid £188,767 Sales 30,631 Current average value £199,095 (Zoopla Zed-Index) Value change £8,405 ▲ 4.41%

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

The current average value in West Midlands in January 2017 is £199,095. This has increased 0.83% from October 2016. Terraced properties sold for a current average value of £145,183 and semi-detached properties valued £187,940. In the past year property prices in West Midlands have increased 4.41%. 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 £366,680 £253 3.6 £329,903
Semi-detached £187,940 £210 3.0 £180,138
Terraced £145,183 £184 2.8 £143,417
Flats £138,417 £221 1.8 £130,361

Current asking prices in West Midlands

Average: £209,595
Avg. current asking prices in West Midlands
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £109,525
(138)
£140,816
(1,148)
£182,208
(3,133)
£320,085
(1,171)
£478,247
(377)
Flats £101,312
(663)
£137,763
(1,078)
£218,717
(83)
£312,488
(4)
-
All £102,727
(801)
£139,337
(2,226)
£183,151
(3,216)
£320,059
(1,175)
£478,247
(377)

Current asking rents in West Midlands

Average: £903 pcm
Avg. current asking prices in West Midlands
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £429 pcm
(839)
£652 pcm
(473)
£834 pcm
(1,218)
£1,200 pcm
(670)
£1,551 pcm
(359)
Flats £516 pcm
(1,422)
£782 pcm
(1,027)
£1,004 pcm
(119)
£1,382 pcm
(27)
£1,824 pcm
(8)
All £484 pcm
(2,261)
£741 pcm
(1,500)
£849 pcm
(1,337)
£1,207 pcm
(697)
£1,557 pcm
(367)

Map view of West Midlands

Fun facts for West Midlands

Highest value in West Midlands
Highest value towns Zed-Index
Solihull £878,348
Stourbridge £843,769
Solihull £814,616
Sutton Coldfield £802,184
Wolverhampton £681,107
Highest turnover in West Midlands
Highest turnover towns Turnover
Solihull 17.1%
Sutton Coldfield 17.0%
Stourbridge 13.9%
Halesowen 13.0%
Kingswinford 13.0%