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Area guide for West Midlands

Market activity
Average price paid £200,363 Sales 67,015 Current average value £220,993 (Zoopla Zed-Index) Value change £12,645 ▲ 6.07%

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

The current average value in West Midlands in December 2016 is £220,993. This has increased 3.32% from September 2016. Terraced properties sold for a current average value of £153,589 and semi-detached properties valued £194,401. In the past year property prices in West Midlands have increased 6.07%. 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 £359,517 £252 3.7 £311,345
Semi-detached £194,401 £219 3.0 £178,679
Terraced £153,589 £203 2.7 £146,923
Flats £146,805 £234 1.8 £133,662

Current asking prices in West Midlands

Average: £229,824
Avg. current asking prices in West Midlands
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £115,366
(285)
£141,836
(3,167)
£194,253
(6,785)
£335,654
(3,703)
£476,656
(1,106)
Flats £106,300
(1,266)
£145,853
(1,942)
£212,883
(149)
£319,532
(11)
£439,975
(2)
All £107,966
(1,551)
£143,363
(5,109)
£194,653
(6,934)
£335,606
(3,714)
£476,590
(1,108)

Current asking rents in West Midlands

Average: £852 pcm
Avg. current asking prices in West Midlands
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £421 pcm
(1,012)
£611 pcm
(1,050)
£781 pcm
(1,864)
£1,104 pcm
(957)
£1,393 pcm
(485)
Flats £496 pcm
(2,069)
£751 pcm
(1,434)
£950 pcm
(149)
£1,245 pcm
(41)
£1,606 pcm
(17)
All £471 pcm
(3,081)
£692 pcm
(2,484)
£793 pcm
(2,013)
£1,110 pcm
(998)
£1,401 pcm
(502)

Map view of West Midlands

Fun facts for West Midlands

Highest value in West Midlands
Highest value regions Zed-Index
West Midlands £483,098
West Midlands £464,107
West Midlands £395,840
West Midlands £395,627
West Midlands £390,851
Highest turnover in West Midlands
Highest turnover regions Turnover
West Midlands 17.7%
West Midlands 17.1%
West Midlands 17.0%
West Midlands 16.3%
West Midlands 15.9%