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The West Midlands property market has been notably active in the past few months, with a significant spike in property sale volume observed in March 2025, likely driven by changes in stamp duty rates. Monthly sale volumes have consistently ranged from moderate to high, indicating sustained buyer interest. Compared to the previous two years, the market has shown resilience with stable median prices amidst steady sales activity, reflecting a balanced demand and supply dynamic in the region.
The most recent median house price in the West Midlands stands around £240,000 as of May 2025, showing a modest increase compared to the same period last year. This represents a YoY price growth of approximately 3-5%, highlighting gradual appreciation in property values. The stable price trend supports confidence in the West Midlands housing market despite wider economic uncertainties affecting other UK regions.
Median house prices vary notably by property type in the West Midlands, with detached houses commanding the highest prices around £440,000 to £610,000, while flats have significantly lower median prices often below £180,000. Semi-detached and terraced houses fall between these ranges, with prices typically in the £200,000 to £330,000 bracket. Over the past year, detached and semi-detached properties have experienced steady price increases of around 4-7% YoY, whereas flats showed more modest growth, reflecting stronger demand for larger family homes in the region.