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.
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.
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.
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.
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.
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.
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