Story Highlights

• West Midlands County had total property sales of £7.33 billions in 2015.
• The total number of properties sold in 2015 in West Midlands County was 37,855
• The total volume of sales at district level was maximum for Birmingham at £2.92 Billions
• The average sales price in West Midlands was £194 K, whereas median was £143 K
• The average sales price at district level was maximum for Solihull at £297 K
• Similarly the median sales price at district level was maximum for Solihull at £233 K
• New Property sales in West Midlands contributed 9.58% and Not New Property contributed 90.42%

West Midlands is one of the counties of  West Midlands. The districts of West Midlands are Birmingham, Solihull, Coventry, Dudley, Walsall, Sandwell and Wolverhampton.

Total Sales By Districts

West Midlands County had total property sales of £7.33 billions, which was 39.43% of the West Midlands Property Market 2015.

The split across its districts is as follow:

• Birmingham at £2.92 Billions (39.87%)
• Solihull at £1.1 Billions (15.01%)
• Coventry at £932 millions (12.72%)
• Dudley at £825 millions (11.25%)
• Walsall at £565 millions (7.7%)
• Sandwell at £514 millions (7.02%)
• Wolverhampton at £471 millions (6.42%)

Total Sales By Property Type

The split of £7.33 billions across the different property types in West Midlands County are :

• Detached at £1.91 billions (26.03%)
• Terraced at £1.74 billions (23.69%)
• Semi-Detached at £2.1 billions (28.37%)   
• Flat/Maisonette at £693 millions (9.46%) 
• Other at £912 millions (12.45%)

Total No Of Properties Sold By Property Type

The total property sales of £7.33 billions in 2015 was spread over 37,855 properties.

• Terraced properties at 12840 (33.92%)
• Detached at  6111 (16.14%)
• Semi-Detached at 12562 (33.18%)
• Flat/Maisonette at 5571 (14.72%)
• Others at 771(2.04%)

Average & Median Sales Price

The average sales price in West Midlands County was £194 K. For the different property types it was:

• Detached at £312 K
• Semi-Detached at £166 K
• Terraced at £135 K
• Flat/Maisonette at £125 K
• Other at £1.18 millions

Similarly median sales price in West Midlands County was £143 K. For the different property types it was:

• Detached at £265 K
• Semi-Detached at £150 K
• Terraced at £124 K
• Flat/Maisonette at £110 K
• Other at £300 K

Average & Median Sales Price By Districts

The average sales prices at district level in West Midlands County for 2015 is as follows:

• It was maximum for Solihull at £297 K
• Birmingham at £208 K
• Coventry at £179 K
• Dudley at £179 K
• Walsall at £162 K
• Wolverhampton at £153 K
• with minimum for Sandwell at £139 K

The median sales prices at district level in West Midlands County for 2015 is as follows:

• It was maximum for Solihull at £233 K
• Dudley at £145 K
• Birmingham at £143 K
• Coventry at £142 K
• Walsall at £133 K
• Wolverhampton at £125 K
• with minimum for Sandwell at £121 K

New Vs Not New Property Statistics

By Sales Values the split is as follows:

• New Properties contributed £702 millions (9.58%) 
• Not New Property contributed £6.6 billions (90.42%)

By Total Number the split is as follows:

• New properties sold were 3332 (8.8%)
• Not new property sold were 34523 (91.2%)

All West Midlands County Posts