Imofolio

West Midlands · report

Past price cycles in West Midlands

Sale prices have fallen by 3% or more 9 times since 1968. The deepest began in August 2007.

Deepest fall
−17.4%
Recovery from the low
76 months

Prices in West Midlands and the UK, indexed

Average sale prices, both set to 100 in April 1968.

  • West Midlands
  • United Kingdom
  • 100 = April 1968
Show the numbers
PeriodWest MidlandsUnited Kingdom
Aug 20267,864.88,246.4
Jul 20267,847.48,219.5
Jun 20267,820.78,175.5
May 20267,806.28,221.7
Apr 20267,862.78,183.8
Mar 20267,745.38,113.3
Feb 20267,846.38,137.2
Jan 20267,754.08,118.8
Dec 20257,708.58,094.3
Nov 20257,770.18,168.9
Oct 20257,801.68,149.2
Sep 20257,783.28,141.2
Aug 20257,775.48,172.0
Jul 20257,751.58,119.7
Jun 20257,671.28,057.9
May 20257,568.67,975.8
Apr 20257,433.87,857.5
Mar 20257,735.48,094.8
Feb 20257,672.87,996.7
Jan 20257,576.18,001.7
Dec 20247,568.37,973.2
Nov 20247,636.77,989.0
Oct 20247,571.08,011.2
Sep 20247,610.07,996.1
Aug 20247,561.78,006.2
Jul 20247,521.17,927.5
Jun 20247,486.07,840.1
May 20247,406.37,809.3
Apr 20247,326.67,746.2
Mar 20247,276.47,704.1
Feb 20247,298.17,690.5
Jan 20247,283.67,731.0
Dec 20237,354.27,737.1
Nov 20237,386.27,803.3
Oct 20237,427.47,856.5
Sep 20237,497.77,892.4
Aug 20237,471.97,931.2
Jul 20237,455.77,888.3
Jun 20237,379.57,800.5
May 20237,336.57,772.0
Apr 20237,266.07,746.3
Mar 20237,241.27,728.3
Feb 20237,483.97,816.0
Jan 20237,463.47,881.0
Dec 20227,516.37,949.0
Nov 20227,516.68,012.7
Oct 20227,583.58,024.6
Sep 20227,530.78,025.6
Aug 20227,482.68,007.4
Jul 20227,457.47,940.3
Jun 20227,246.97,795.8
May 20227,201.37,702.8
Apr 20227,106.77,616.0
Mar 20227,076.97,527.4
Feb 20227,014.37,499.5
Jan 20226,932.57,491.1
Dec 20216,929.97,405.3
Nov 20216,828.57,367.3
Oct 20216,655.57,225.5
Sep 20216,887.37,410.8
Aug 20216,689.77,200.3
Jul 20216,526.06,988.4
Jun 20216,925.87,332.4
May 20216,506.66,962.6
Apr 20216,457.76,915.7
Mar 20216,555.87,020.9
Feb 20216,495.06,918.4
Jan 20216,412.46,898.7
Dec 20206,415.36,899.6
Nov 20206,318.36,846.1
Oct 20206,272.06,776.7
Sep 20206,226.56,720.4
Aug 20206,184.96,649.4
Jul 20206,113.46,585.0
Jun 20206,047.46,530.0
May 20206,012.26,440.9
Apr 20205,859.56,407.7
Mar 20205,996.66,473.7
Feb 20205,976.76,415.9
Jan 20206,039.36,452.9
Dec 20195,956.56,448.8
Nov 20196,010.46,457.3
Oct 20196,006.76,480.2
Sep 20196,021.56,497.3
Aug 20196,016.66,492.6
Jul 20195,937.66,471.8
Jun 20195,907.76,400.3
May 20195,917.46,372.8
Apr 20195,871.66,364.2
Mar 20195,859.06,318.4
Feb 20195,928.46,336.1
Jan 20195,872.26,352.1
Dec 20185,961.56,391.5
Nov 20185,900.76,405.2
Oct 20185,946.66,432.7
Sep 20185,951.06,439.4
Aug 20185,910.16,451.8
Jul 20185,896.36,432.0
Jun 20185,823.86,353.2
May 20185,746.16,310.9
Apr 20185,748.46,285.2
Mar 20185,709.46,225.7
Feb 20185,727.66,263.5
Jan 20185,642.46,247.2
Dec 20175,721.16,269.0
Nov 20175,666.26,244.6
Oct 20175,672.66,262.4
Sep 20175,654.06,256.9
Aug 20175,685.26,280.4
Jul 20175,623.66,252.0
Jun 20175,563.46,171.8
May 20175,502.86,119.5
Apr 20175,449.16,083.0
Mar 20175,393.05,988.2
Feb 20175,392.66,001.1
Jan 20175,361.55,988.4
Dec 20165,396.85,995.6
Nov 20165,384.15,984.8
Oct 20165,318.65,956.8
Sep 20165,371.85,976.5
Aug 20165,375.55,985.7
Jul 20165,314.95,985.2
Jun 20165,308.55,922.9
May 20165,248.85,866.8
Apr 20165,195.15,799.2
Mar 20165,085.35,777.7
Feb 20165,067.05,718.9
Jan 20165,098.85,716.3
Dec 20155,084.95,701.2
Nov 20155,072.45,681.8
Oct 20155,032.85,638.4
Sep 20155,034.05,630.8
Aug 20155,042.25,619.2
Jul 20154,986.75,568.3
Jun 20154,938.35,475.4
May 20154,885.05,433.9
Apr 20154,860.45,375.8
Mar 20154,784.85,328.9
Feb 20154,817.75,309.1
Jan 20154,766.45,304.6
Dec 20144,814.05,332.6
Nov 20144,799.45,319.8
Oct 20144,803.75,337.7
Sep 20144,806.35,345.6
Aug 20144,823.15,339.9
Jul 20144,748.15,278.0
Jun 20144,738.05,204.8
May 20144,677.55,160.3
Apr 20144,663.25,106.2
Mar 20144,602.04,995.0
Feb 20144,542.84,977.9
Jan 20144,570.34,957.3
Dec 20134,565.94,951.4
Nov 20134,550.54,906.4
Oct 20134,541.04,879.3
Sep 20134,500.14,899.3
Aug 20134,555.64,896.1
Jul 20134,515.94,857.4
Jun 20134,489.34,803.5
May 20134,424.94,764.0
Apr 20134,395.14,739.0
Mar 20134,384.94,693.0
Feb 20134,369.54,665.2
Jan 20134,355.64,666.1
Dec 20124,427.14,697.5
Nov 20124,415.24,708.2
Oct 20124,376.74,704.3
Sep 20124,422.34,737.9
Aug 20124,427.54,754.8
Jul 20124,427.54,749.2
Jun 20124,436.94,731.0
May 20124,329.24,685.0
Apr 20124,340.14,670.0
Mar 20124,348.84,616.9
Feb 20124,313.84,603.3
Jan 20124,357.64,615.9
Dec 20114,314.24,647.5
Nov 20114,380.24,667.3
Oct 20114,349.84,664.9
Sep 20114,435.24,717.0
Aug 20114,391.04,728.8
Jul 20114,391.04,725.9
Jun 20114,379.74,667.2
May 20114,376.24,659.3
Apr 20114,372.34,680.1
Mar 20114,301.64,608.6
Feb 20114,340.04,629.9
Jan 20114,400.24,654.6
Dec 20104,461.34,693.6
Nov 20104,480.64,702.2
Oct 20104,481.44,758.7
Sep 20104,568.44,812.4
Aug 20104,525.54,824.8
Jul 20104,539.44,825.0
Jun 20104,530.14,776.7
May 20104,489.54,753.2
Apr 20104,479.14,730.4
Mar 20104,406.24,670.6
Feb 20104,430.14,670.9
Jan 20104,398.24,659.3
Dec 20094,456.24,676.3
Nov 20094,392.44,645.8
Oct 20094,413.44,630.2
Sep 20094,354.14,599.3
Aug 20094,346.54,563.5
Jul 20094,313.34,518.9
Jun 20094,189.84,439.3
May 20094,182.54,396.0
Apr 20094,124.54,336.1
Mar 20094,114.14,297.1
Feb 20094,160.34,324.0
Jan 20094,205.24,374.5
Dec 20084,262.14,478.0
Nov 20084,348.74,547.4
Oct 20084,468.94,678.9
Sep 20084,560.04,775.8
Aug 20084,620.14,899.2
Jul 20084,687.65,003.6
Jun 20084,795.75,058.8
May 20084,846.05,126.6
Apr 20084,798.35,095.5
Mar 20084,819.05,087.0
Feb 20084,872.35,124.3
Jan 20084,858.85,168.7
Dec 20074,963.45,263.7
Nov 20074,932.25,271.9
Oct 20074,967.95,274.7
Sep 20074,956.55,287.0
Aug 20074,980.45,280.2
Jul 20074,923.75,249.7
Jun 20074,884.85,184.5
May 20074,872.15,128.4
Apr 20074,860.45,070.3
Mar 20074,765.34,969.9
Feb 20074,739.54,931.7
Jan 20074,727.44,917.7
Dec 20064,754.64,919.4
Nov 20064,728.24,858.9
Oct 20064,700.74,834.0
Sep 20064,705.84,805.9
Aug 20064,683.54,786.3
Jul 20064,612.34,746.5
Jun 20064,610.74,679.2
May 20064,631.24,635.2
Apr 20064,518.34,591.7
Mar 20064,475.44,494.1
Feb 20064,467.74,457.9
Jan 20064,432.84,450.6
Dec 20054,473.04,457.3
Nov 20054,461.14,433.0
Oct 20054,432.74,419.9
Sep 20054,435.94,428.7
Aug 20054,461.44,435.6
Jul 20054,435.04,417.7
Jun 20054,392.04,361.5
May 20054,330.44,327.2
Apr 20054,301.44,281.2
Mar 20054,263.24,221.2
Feb 20054,251.84,186.8
Jan 20054,206.14,190.8
Dec 20044,286.24,193.7
Nov 20044,278.64,224.6
Oct 20044,272.14,230.3
Sep 20044,238.44,199.3
Aug 20044,234.84,207.8
Jul 20044,171.04,159.9
Jun 20044,090.54,072.6
May 20043,963.84,002.3
Apr 20043,889.23,954.4
Mar 20043,783.53,782.8
Feb 20043,725.43,774.3
Jan 20043,690.33,810.9
Dec 20033,706.53,788.4
Nov 20033,628.63,715.2
Oct 20033,569.43,757.4
Sep 20033,510.43,692.7
Aug 20033,528.83,704.0
Jul 20033,430.73,639.2
Jun 20033,359.03,577.3
May 20033,341.73,568.8
Apr 20033,267.83,594.2
Mar 20033,222.53,509.8
Feb 20033,127.23,436.6
Jan 20033,138.03,473.2
Dec 20023,086.33,498.5
Nov 20023,026.83,385.9
Oct 20022,963.33,352.1
Sep 20022,908.03,326.8
Aug 20022,857.63,248.0
Jul 20022,776.63,177.6
Jun 20022,723.93,152.3
May 20022,643.73,028.5
Apr 20022,567.12,952.5
Mar 20022,505.62,913.0
Feb 20022,429.52,814.6
Jan 20022,422.62,716.0
Dec 20012,426.42,725.5
Nov 20012,398.02,725.5
Oct 20012,362.52,725.5
Sep 20012,363.12,781.3
Aug 20012,362.32,781.3
Jul 20012,296.82,781.3
Jun 20012,283.42,684.7
May 20012,266.92,684.7
Apr 20012,235.92,684.7
Mar 20012,183.42,591.2
Feb 20012,144.22,591.2
Jan 20012,134.62,591.2
Dec 20002,139.72,604.8
Nov 20002,120.52,604.8
Oct 20002,084.82,604.8
Sep 20002,095.22,529.3
Aug 20002,097.72,529.3
Jul 20002,070.12,529.3
Jun 20002,047.52,482.5
May 20002,020.62,482.5
Apr 20002,002.82,482.5
Mar 20001,941.92,354.3
Feb 20001,926.52,354.3
Jan 20001,917.42,354.3
Dec 19991,920.72,295.4
Nov 19991,904.62,295.4
Oct 19991,897.52,295.4
Sep 19991,878.62,238.1
Aug 19991,877.32,238.1
Jul 19991,852.12,238.1
Jun 19991,829.42,114.3
May 19991,798.82,114.3
Apr 19991,776.82,114.3
Mar 19991,752.22,028.3
Feb 19991,732.22,028.3
Jan 19991,750.42,028.3
Dec 19981,737.12,016.2
Nov 19981,731.62,016.2
Oct 19981,735.62,016.2
Sep 19981,735.12,025.3
Aug 19981,751.92,025.3
Jul 19981,733.72,025.3
Jun 19981,724.21,940.7
May 19981,707.91,940.7
Apr 19981,687.91,940.7
Mar 19981,656.91,842.6
Feb 19981,655.31,842.6
Jan 19981,657.01,842.6
Dec 19971,668.21,797.4
Nov 19971,644.11,797.4
Oct 19971,629.11,797.4
Sep 19971,647.61,811.0
Aug 19971,661.11,811.0
Jul 19971,631.31,811.0
Jun 19971,616.21,723.4
May 19971,610.51,723.4
Apr 19971,578.41,723.4
Mar 19971,565.11,688.7
Feb 19971,545.21,688.7
Jan 19971,535.51,688.7
Dec 19961,544.51,666.1
Nov 19961,549.91,666.1
Oct 19961,531.31,666.1
Sep 19961,527.31,637.4
Aug 19961,537.61,637.4
Jul 19961,514.81,637.4
Jun 19961,497.21,575.5
May 19961,504.81,575.5
Apr 19961,464.41,575.5
Mar 19961,466.21,574.0
Feb 19961,461.21,574.0
Jan 19961,440.31,574.0
Dec 19951,472.71,551.4
Nov 19951,456.81,551.4
Oct 19951,489.81,551.4
Sep 19951,481.41,572.5
Aug 19951,489.81,572.5
Jul 19951,497.71,572.5
Jun 19951,504.91,559.0
May 19951,513.01,559.0
Apr 19951,485.51,559.0
Mar 19951,485.11,542.3
Feb 19951,482.11,542.3
Jan 19951,457.71,542.3
Dec 19941,431.91,555.9
Nov 19941,431.91,555.9
Oct 19941,431.91,555.9
Sep 19941,450.61,566.5
Aug 19941,450.61,566.5
Jul 19941,450.61,566.5
Jun 19941,433.41,540.8
May 19941,433.41,540.8
Apr 19941,433.41,540.8
Mar 19941,483.71,519.7
Feb 19941,483.71,519.7
Jan 19941,483.71,519.7
Dec 19931,467.91,503.1
Nov 19931,467.91,503.1
Oct 19931,467.91,503.1
Sep 19931,467.91,531.8
Aug 19931,467.91,531.8
Jul 19931,467.91,531.8
Jun 19931,378.71,500.1
May 19931,378.71,500.1
Apr 19931,378.71,500.1
Mar 19931,429.01,488.0
Feb 19931,429.01,488.0
Jan 19931,429.01,488.0
Dec 19921,410.41,480.5
Nov 19921,410.41,480.5
Oct 19921,410.41,480.5
Sep 19921,439.11,539.3
Aug 19921,439.11,539.3
Jul 19921,439.11,539.3
Jun 19921,493.71,534.8
May 19921,493.71,534.8
Apr 19921,493.71,534.8
Mar 19921,504.31,572.0
Feb 19921,504.31,572.0
Jan 19921,504.31,572.0
Dec 19911,489.21,597.9
Nov 19911,489.21,597.9
Oct 19911,489.21,597.9
Sep 19911,528.41,612.5
Aug 19911,528.41,612.5
Jul 19911,528.41,612.5
Jun 19911,513.31,581.8
May 19911,513.31,581.8
Apr 19911,513.31,581.8
Mar 19911,480.21,588.2
Feb 19911,480.21,588.2
Jan 19911,480.21,588.2
Dec 19901,517.81,610.9
Nov 19901,517.81,610.9
Oct 19901,517.81,610.9
Sep 19901,532.91,635.2
Aug 19901,532.91,635.2
Jul 19901,532.91,635.2
Jun 19901,457.61,606.0
May 19901,457.61,606.0
Apr 19901,457.61,606.0
Mar 19901,508.81,620.6
Feb 19901,508.81,620.6
Jan 19901,508.81,620.6
Dec 19891,509.21,656.3
Nov 19891,509.21,656.3
Oct 19891,509.21,656.3
Sep 19891,529.51,688.8
Aug 19891,529.51,688.8
Jul 19891,529.51,688.8
Jun 19891,448.31,632.0
May 19891,448.31,632.0
Apr 19891,448.31,632.0
Mar 19891,428.01,575.1
Feb 19891,428.01,575.1
Jan 19891,428.01,575.1
Dec 19881,367.11,542.6
Nov 19881,367.11,542.6
Oct 19881,367.11,542.6
Sep 19881,265.61,453.3
Aug 19881,265.61,453.3
Jul 19881,265.61,453.3
Jun 19881,062.51,282.8
May 19881,062.51,282.8
Apr 19881,062.51,282.8
Mar 1988947.51,209.8
Feb 1988947.51,209.8
Jan 1988947.51,209.8
Dec 1987893.41,161.0
Nov 1987893.41,161.0
Oct 1987893.41,161.0
Sep 1987873.61,096.1
Aug 1987873.61,096.1
Jul 1987873.61,096.1
Jun 1987831.51,045.3
May 1987831.51,045.3
Apr 1987831.51,045.3
Mar 1987763.11,000.1
Feb 1987763.11,000.1
Jan 1987763.11,000.1
Dec 1986773.6971.8
Nov 1986773.6971.8
Oct 1986773.6971.8
Sep 1986763.1943.6
Aug 1986763.1943.6
Jul 1986763.1943.6
Jun 1986715.7904.0
May 1986715.7904.0
Apr 1986715.7904.0
Mar 1986705.2864.5
Feb 1986705.2864.5
Jan 1986705.2864.5
Dec 1985689.4847.5
Nov 1985689.4847.5
Oct 1985689.4847.5
Sep 1985694.7819.3
Aug 1985694.7819.3
Jul 1985694.7819.3
Jun 1985673.6802.3
May 1985673.6802.3
Apr 1985673.6802.3
Mar 1985642.0774.1
Feb 1985642.0774.1
Jan 1985642.0774.1
Dec 1984657.8774.1
Nov 1984657.8774.1
Oct 1984657.8774.1
Sep 1984657.8762.8
Aug 1984657.8762.8
Jul 1984657.8762.8
Jun 1984636.8734.5
May 1984636.8734.5
Apr 1984636.8734.5
Mar 1984626.3711.9
Feb 1984626.3711.9
Jan 1984626.3711.9
Dec 1983610.5706.3
Nov 1983610.5706.3
Oct 1983610.5706.3
Sep 1983626.3700.6
Aug 1983626.3700.6
Jul 1983626.3700.6
Jun 1983594.7672.4
May 1983594.7672.4
Apr 1983594.7672.4
Mar 1983589.4649.8
Feb 1983589.4649.8
Jan 1983589.4649.8
Dec 1982569.4631.1
Nov 1982569.4631.1
Oct 1982569.4631.1
Sep 1982562.0622.1
Aug 1982562.0622.1
Jul 1982562.0622.1
Jun 1982561.5606.8
May 1982561.5606.8
Apr 1982561.5606.8
Mar 1982537.8581.4
Feb 1982537.8581.4
Jan 1982537.8581.4
Dec 1981532.6596.1
Nov 1981532.6596.1
Oct 1981532.6596.1
Sep 1981557.3607.9
Aug 1981557.3607.9
Jul 1981557.3607.9
Jun 1981552.6598.3
May 1981552.6598.3
Apr 1981552.6598.3
Mar 1981544.2582.5
Feb 1981544.2582.5
Jan 1981544.2582.5
Dec 1980543.6581.4
Nov 1980543.6581.4
Oct 1980543.6581.4
Sep 1980540.5580.3
Aug 1980540.5580.3
Jul 1980540.5580.3
Jun 1980515.7557.7
May 1980515.7557.7
Apr 1980515.7557.7
Mar 1980506.8536.2
Feb 1980506.8536.2
Jan 1980506.8536.2
Dec 1979491.5515.9
Nov 1979491.5515.9
Oct 1979491.5515.9
Sep 1979458.4483.7
Aug 1979458.4483.7
Jul 1979458.4483.7
Jun 1979431.0449.2
May 1979431.0449.2
Apr 1979431.0449.2
Mar 1979392.1417.0
Feb 1979392.1417.0
Jan 1979392.1417.0
Dec 1978395.2396.1
Nov 1978395.2396.1
Oct 1978395.2396.1
Sep 1978349.4370.1
Aug 1978349.4370.1
Jul 1978349.4370.1
Jun 1978329.5345.8
May 1978329.5345.8
Apr 1978329.5345.8
Mar 1978316.8330.0
Feb 1978316.8330.0
Jan 1978316.8330.0
Dec 1977308.9322.6
Nov 1977308.9322.6
Oct 1977308.9322.6
Sep 1977303.7313.0
Aug 1977303.7313.0
Jul 1977303.7313.0
Jun 1977297.9304.0
May 1977297.9304.0
Apr 1977297.9304.0
Mar 1977286.3299.5
Feb 1977286.3299.5
Jan 1977286.3299.5
Dec 1976284.2297.2
Nov 1976284.2297.2
Oct 1976284.2297.2
Sep 1976280.0292.7
Aug 1976280.0292.7
Jul 1976280.0292.7
Jun 1976271.0285.9
May 1976271.0285.9
Apr 1976271.0285.9
Mar 1976270.0278.6
Feb 1976270.0278.6
Jan 1976270.0278.6
Dec 1975264.7272.9
Nov 1975264.7272.9
Oct 1975264.7272.9
Sep 1975256.3270.1
Aug 1975256.3270.1
Jul 1975256.3270.1
Jun 1975252.1262.2
May 1975252.1262.2
Apr 1975252.1262.2
Mar 1975245.8255.4
Feb 1975245.8255.4
Jan 1975245.8255.4
Dec 1974245.8254.2
Nov 1974245.8254.2
Oct 1974245.8254.2
Sep 1974243.7250.9
Aug 1974243.7250.9
Jul 1974243.7250.9
Jun 1974233.1248.6
May 1974233.1248.6
Apr 1974233.1248.6
Mar 1974234.7248.1
Feb 1974234.7248.1
Jan 1974234.7248.1
Dec 1973233.1244.6
Nov 1973233.1244.6
Oct 1973233.1244.6
Sep 1973225.3241.8
Aug 1973225.3241.8
Jul 1973225.3241.8
Jun 1973207.9226.6
May 1973207.9226.6
Apr 1973207.9226.6
Mar 1973193.7215.8
Feb 1973193.7215.8
Jan 1973193.7215.8
Dec 1972178.9193.8
Nov 1972178.9193.8
Oct 1972178.9193.8
Sep 1972158.9180.8
Aug 1972158.9180.8
Jul 1972158.9180.8
Jun 1972136.3157.1
May 1972136.3157.1
Apr 1972136.3157.1
Mar 1972128.9143.5
Feb 1972128.9143.5
Jan 1972128.9143.5
Dec 1971124.2135.0
Nov 1971124.2135.0
Oct 1971124.2135.0
Sep 1971119.4129.4
Aug 1971119.4129.4
Jul 1971119.4129.4
Jun 1971112.6122.0
May 1971112.6122.0
Apr 1971112.6122.0
Mar 1971112.6118.7
Feb 1971112.6118.7
Jan 1971112.6118.7
Dec 1970110.5115.8
Nov 1970110.5115.8
Oct 1970110.5115.8
Sep 1970111.6115.8
Aug 1970111.6115.8
Jul 1970111.6115.8
Jun 1970105.2110.8
May 1970105.2110.8
Apr 1970105.2110.8
Mar 1970108.4109.1
Feb 1970108.4109.1
Jan 1970108.4109.1
Dec 1969110.5108.5
Nov 1969110.5108.5
Oct 1969110.5108.5
Sep 1969103.7107.3
Aug 1969103.7107.3
Jul 1969103.7107.3
Jun 1969106.3106.2
May 1969106.3106.2
Apr 1969106.3106.2
Mar 1969107.9104.5
Feb 1969107.9104.5
Jan 1969107.9104.5
Dec 1968100.0102.8
Nov 1968100.0102.8
Oct 1968100.0102.8
Sep 1968102.1103.4
Aug 1968102.1103.4
Jul 1968102.1103.4
Jun 1968100.0100.0
May 1968100.0100.0
Apr 1968100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
March 1969July 1969−3.9%43
December 1969April 1970−4.8%43
September 1981October 1981−4.4%16
September 1989April 1990−4.7%73
September 1990April 1993−10.1%3140
August 2007March 2009−17.4%1976
June 2021July 2021−5.8%15
October 2022March 2023−4.5%518
March 2025April 2025−3.9%13

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for West Midlands

Sale prices have an 80% chance of landing between £237,774 and £268,453 by August 2027.

Expected, August 2027
£253,114
Chance of a rise
58%

At the average sale price, a home costs £250,731. With 10% down and a 30-year mortgage, the payment is £1,157 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
19%
Payment, one income
37%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£983
Owning per month
£1,181

16.8% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
12,150
Per 1,000 residents
2.0

Figures for United Kingdom: West Midlands has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population grew by 23,968 while 11,900 homes were finished: 2.0 new residents for every new home.

New residents per new home, 2025
2.0
Population change, 2025
+23,968

4.6% of the 2,551,095 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
4.6%
Empty homes
117,040

In 2025, 11% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
11%