West Midlands

Area Guide For West Midlands

Basically the Western part of Central London, the West Midlands region is landlocked and home to one of the country’s biggest cities, Birmingham. Other major areas here include Worcester, Wolverhampton, Warwick, Coventry and Stroke-on-Trent. Even though there is no direct access to the sea, the region’s proximity to the centre means connectivity is great. There is a lot of industrialisation in the West Midlands area as well, creating jobs and housing for a major chunk of the population. Some of the country’s iconic castles and historic monuments can also be found here.


West Midlands Map

Estimated Price: £180,100
Average Asking Price: £196,963
Price change in last one year: £11,704
Average Price Paid: £163,151
Average Rent Rates: £868


Property Prices Breakdown in West Midlands

Average Price for property in West Midlands is around £180,100 which varies based on type of property you are interested in and ranges from £335,578 for detached house to around £169,341 for semi-detached. Similarly terraced house is around £130,283 and a flat is worth £127,850. Values have been changing and have risen £865 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,619 in last 6 months, £11,704 in last 1 year, £20,268 in last 2 years, £22,977 in last 3 years, £19,980 in last 4 years and £19,274 in last 5 years.

Currently average asking price of a property in West Midlands is around £196,963 based on approximately 28,524 properties for sale. Same is the case with rental options based on 7,995 properties up for rent, average asking rent is around £868 per month.

Estimated property value in West Midlands is £180,100. Average asking price is £196,963 while average price paid is £170,082 which is up by £11,704 and Avg. asking rent £868.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in West Midlands area. In last 1 year alone average price buyer paid is around £170,082 based on approximately 28,524 sales in West Midlands area alone. If you compare it to last 3 years sales of 82,790 properties where buyers paid around £164,709. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £163,151 for 132,923 and average amount paid for purchase of approx. 183,169 properties sold in last 7 years comes to about £161,534 per sale.


Properties For Sale in West Midlands


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £109,042, £124,706 for a 2 bedroom house, £159,851 for a 3 bedroom house, £302,952 for a 4 bedroom house and £431,484 for a 5 bedroom house. For a flat similarly the prices varies from £93,972 for a single bedroom to £127,413 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £182,012 and £275,782 for a 4 bedroom flat. To sum up the asking prices for properties in West Midlands it comes to around average £96,319 for 1 bedroom property, £125,845 for 2 bedroom, £160,280 for 3 bedroom, £302,876 for 4 bedroom and £431,484 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £407 for 1 bedroom to £586 for 2 bedrooms, £669 for 3 bedrooms, £903 for 4 bedrooms and £946 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £474. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £658, £748 for 3 bedroom, £994 for 4 bedroom and around £754 for 5 bedroom flat. You should be generally be expecting around average £452 rent per month for single bedroom property, £630 for 2 bedroom, £675 for 3 bedroom, £906 for 4 bedroom and approximately £941 for a 5 bedroom property in West Midlands area.

Popular Houses in West Midlands

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in West Midlands

Areas in and around West Midlands