Summer Housing Market Report: West Midlands Region

Summer Housing Market Report: West Midlands Region

Key Statistics

In the West Midlands region, the average property price is £622,840, which represents a -0.09% annual change. The premium price threshold in West Midlands is £472,000, which means that the top 5% of sales in the region were above this figure. Over the last 12 months the average price per square foot has been around £317. The total value of sales over the past year has been £2.49 billion with 216 sales at or over £1 million.

 

Summer Housing Market Report West Midlands Region

 

 

The West Midlands Premium Market

While some areas within the West Midlands have seen a decrease in the average property price, others have performed extremely well. Lichfield has seen a 14% annual increase, the average price in Wolverhampton has increased by 13%, Hereford has increased by 2% and Birmingham has increased by 1%.

The highest premium threshold in the West Midlands is in Lichfield at £525,000, with Hereford not far behind at £519,000.

 

Fine & Country West Midlands Summer Property Regional Market Report

 

Click here to read the full F&C Regional Summer Market Report: West Midlands

 

Fine & Country summer 2020 regional reports

 

Properties for sale in the West Midlands region

Bromyard, Herefordshire, 8 bedrooms

yellow period traditional farmhouse countryside 40 acres

Upper Munderfield Farm is a beautiful period farmhouse that has been tastefully modernised and recently extended whilst retaining its period character and charm. Set withing 40 acres of land, with a south and easterly aspect, this is a true country family home surrounded by traditional farms, thriving village communities, undulating countryside and cider orchards, providing a wonderful way of life.

Leamington Spa, Warwickshire, 5 bedrooms

Grade II listed converted vicarage traditional country home

Within this Grade II listed converted vicarage is two freehold apartments set within generous gardens behind a private gated access with two garages and parking for several cars. The Old Vicarage is a truly unique pair of properties that offer a fabulous lifestyle, one of which covers the ground floor, whilst the other covers the majority of the first floor and a small part of the ground floor. 

Pedmore, Stourbridge, 6 bedrooms

luxury_housing_development_white_palatial_home

Set within a prestigious gated development, this impressive palatial residence boasts a magnificent reception hall with galleried landing to make a suitably grand first impression. Within the home, there are four generous reception rooms including a drawing room and study, a family room, kitchen and six bedrooms with an en-suite and dressing room to accompany the principle bedroom.

 

Contact us

Our agents are experts in the premium property market. To find out more about selling your home get in touch with your local Fine & Country agent today.

Fine & Country market appraisal valuation

 

21st Aug 2020

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