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West Midlands House Prices & Affordability

Monthly data sourced from HM Land Registry UK House Price Index and ONS Housing Affordability. Last updated: .

Avg Price

£231,073

trending

Annual Change

+3.7%

Moderate annual price growth

HPER (2024)

7.1×

House price ÷ median earnings

Overall Score

61/100

vs all UK regions

24-Month Price Trend

Average house price — monthly, HM Land Registry

24 months ago+4.6% over periodLatest

Affordability Analysis

West Midlands is one of the most affordable regions in the UK and prices are rising — a strong window for first-time buyers.

The house price to earnings ratio (HPER) of 7.1× means a median-priced home costs roughly 7.1 times the local median annual salary (data year: 2024). The UK average is typically 7–9×, with London often exceeding 12×.

At an average price of £231,073, West Midlands scores 75/100 for affordability — highly affordable relative to other uk regions. Prices have changed by +3.7% over the past 12 months (moderate annual price growth).

Affordability75/100
Growth41/100
Overall61/100

Compare Other Regions

Frequently Asked Questions

What is the average house price in West Midlands in 2026?
The current average house price in West Midlands is £231,073, based on the latest HM Land Registry UK House Price Index. Prices have changed by +3.7% over the past 12 months.
Is West Midlands affordable for first-time buyers?
West Midlands has a house price to earnings ratio (HPER) of 7.1×, meaning the average property costs roughly 7.1 times the local median annual salary. Highly affordable relative to other UK regions. The UK average HPER is typically 7–9×.
How have house prices changed in West Midlands over the past year?
West Midlands house prices rose by 3.6% over the past 12 months to an average of £231,073, according to HM Land Registry data updated monthly.

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