West Midlands

Data from Land Registry, ONS, Bank of England

Compare with another area →

Avg. price

£233,145

↑ +1.6% YoY

Affordability

N/A

price-to-earnings

Avg. rent

N/A

Market outlook for West Midlands

Key indicators for buyers

Prices stable+1.6% YoYRelatively stable market

Rates favourable3.97%2yr fixed, 75% LTV

Market quiet-6% YoYLess competition

The West Midlands market looks favourable for buyers.

Price trends

Average sale prices · HM Land Registry / UK HPI

£233,145

↑ +1.6% YoY

Monthly mortgage

2yr fixed · 75% LTV · 25yr term · BoE avg. rate

£920

per month at 3.97%

LTV

Term

Deposit (25%)

£58k

Stamp duty

£0

Based on the average West Midlands price of £233,145 with a 25% deposit (£58k), a 2-year fixed mortgage at 3.97% costs around £920 per month.

Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions