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Area guide for West Midlands

Market activity
Average price paid £201,731 Sales 67,124 Current average value £213,946 (Zoopla Zed-Index) Value change £9,089 ▲ 4.44%

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

The current average value in West Midlands in January 2017 is £213,946. This has increased 0.86% from October 2016. Terraced properties sold for a current average value of £148,574 and semi-detached properties valued £188,050. In the past year property prices in West Midlands have increased 4.44%. 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 £348,239 £244 3.7 £312,978
Semi-detached £188,050 £212 3.0 £179,167
Terraced £148,574 £198 2.7 £147,392
Flats £141,606 £226 1.8 £133,991

Current asking prices in West Midlands

Average: £232,457
Avg. current asking prices in West Midlands
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £114,988
(292)
£143,912
(3,123)
£195,265
(6,838)
£341,845
(3,726)
£484,359
(1,104)
Flats £104,436
(1,214)
£141,825
(1,927)
£214,539
(139)
£359,783
(12)
-
All £106,482
(1,506)
£143,115
(5,050)
£195,649
(6,977)
£341,903
(3,738)
£484,359
(1,104)

Current asking rents in West Midlands

Average: £869 pcm
Avg. current asking prices in West Midlands
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £430 pcm
(1,118)
£616 pcm
(1,044)
£804 pcm
(1,895)
£1,177 pcm
(919)
£1,540 pcm
(419)
Flats £504 pcm
(2,104)
£755 pcm
(1,507)
£958 pcm
(164)
£1,382 pcm
(41)
£1,368 pcm
(17)
All £478 pcm
(3,222)
£698 pcm
(2,551)
£816 pcm
(2,059)
£1,186 pcm
(960)
£1,533 pcm
(436)

Map view of West Midlands

Fun facts for West Midlands

Highest value in West Midlands
Highest value regions Zed-Index
West Midlands £463,629
West Midlands £454,298
West Midlands £399,632
West Midlands £388,532
West Midlands £374,011
Highest turnover in West Midlands
Highest turnover regions Turnover
West Midlands 17.7%
West Midlands 17.1%
West Midlands 17.0%
West Midlands 16.2%
West Midlands 15.9%