TOWN	AVERAGE HOUSE PRICE - £ 2004*	AVERAGE HOUSE PRICE - £ 2005*	% CHANGE
Bedworth	122,615	141,983	16%
Bilston	93,433	116,482	25%
Birmingham	124,435	139,182	12%
Brierley-Hill	112,291	126,985	13%
Bromsgrove	184,415	193,609	5%
Burntwood	149,517	182,547	22%
Burton-upon-Trent	126,277	140,416	11%
Cannock	118,312	136,857	16%
Coventry	128,061	139,802	9%
Droitwich	185,809	214,478	15%
Dudley	113,680	131,880	16%
Evesham	166,473	183,739	10%
Halesowen	142,488	148,520	4%
Hereford	164,378	200,996	22%
Kenilworth	205,386	231,712	13%
Kidderminster	153,505	165,904	8%
Leamington	205,075	212,607	4%
Lichfield	187,315	223,178	19%
Malvern	186,991	227,520	22%
Newcastle,-Staffs	104,067	124,259	19%
Nuneaton	130,557	147,100	13%
Oldbury	111,466	114,771	3%
Oswestry	143,139	176,111	23%
Redditch	161,250	173,668	8%
Rugby	153,538	170,906	11%
Rugeley	152,397	156,795	3%
Shrewsbury	161,285	185,962	15%
Smethwick	101,528	115,374	14%
Solihull	230,506	261,683	14%
Stafford	148,953	174,546	17%
Stoke-on-Trent	100,027	114,630	15%
Stourbridge	184,086	208,811	13%
Stratford-upon-Avon	251,600	296,666	18%
Sutton-Coldfield	214,842	253,330	18%
Tamworth	145,519	157,848	8%
Telford	133,246	156,217	17%
Tipton	101,384	120,820	19%
Walsall	125,772	137,340	9%
Warwick	195,084	241,018	24%
Wednesbury	88,622	108,419	22%
West-Bromwich	108,377	119,550	10%
Willenhall	116,562	130,708	12%
Wolverhampton	123,862	143,132	16%
Worcester	173,394	192,684	11%

Below you will find a general overview of the region

 

"Annual house price growth in Bilston was the highest in the region at 25%, closely followed by Warwick at 24% and Oswestry at 23%.

The town in the region with the highest average house price is Stratford-upon-Avon at £296,666.

The average price of a property in Wolverhampton now stands at  £143,132 after an annual increase of 16%.  There has been an increase in the number of first time buyers with specific interest in traditional and modern terraced housing around the £100,000 mark. PennFields and Park Village in Wolverhampton remain popular with both investors and first time buyers.

Stafford has seen a similar trend.  The number of first time buyers has increased since early January with the main focus on two and three bed semi-detached houses on the newer housing estates.  Importantly, the overall number of properties coming on to the market has also increased.

Cottage-type properties in the more rural parts of Stafford continue to be popular, especially those priced around the £200,000 mark.  Areas within the Walton School catchment zone, such as Wildwood and Baswich, historically have been very popular and remain so.  Within Stafford centre, planned developments will increase the number and variety of properties available.

The average house price in Coventry now stands at £139,802.  Properties under £100,000 remain popular with first time buyers and there is increased interest in ex coal board houses.  Founded upon the manufacturing and engineering industries, Coventry provides a mix of new architecture and reconstructed medieval streets, cathedral ruins and remains of the old city walls.  New developments such as the Arena are expected bring more jobs to the city.  The city possesses excellent transport links and provides easily commutable access to the majority of the UK's key town and cities. 

Private investors are continuing to show interest in city centre developments and the Walsgrave area in the North East of Coventry, where the new super hospital is being built.                                                     
 After experiencing strong annual house price growth at 22%, Wednesbury broke through the £100,000 barrier with the average house price now at £108,419.  Stourbridge broke through the £200,000 barrier with average house prices in the town reaching £208,811.

Smethwick continued to enjoy strong annual house price growth (14%).  This growth is in part due to strong transportation links to Birmingham city centre (Birmingham New Street Station), making it a favoured location for commuters.

Litchfield also continued to benefit from the commuter effect.  The popular cathedral city benefits from strong transportation links with Birmingham and Wolverhampton.

Encouragingly, Birmingham continued to experience above average annual house price growth.  The average house price in the city is now £139,182, up 12% from last year.  Areas such as Edgbaston, Harbourn and Moseley trade at a premium, proving especially popular for young professionals and those starting a family.  Continued investment in infrastructure and the city centre is having a positive effect on the housing market.

The market in Bewdley is expected to pick up now that portable flood barriers have been installed. They passed their first test during floods earlier in the year when the river Seven broke its banks.

At a county level, Hertfordshire continues to have the highest average house price in the region at £205,048.  Hertfordshire also experienced the largest annual average house price growth in the region at 16%."