Posted: Wednesday, May 24, 2017

Property Prices

House Prices in the Eastern Region

The Guild take a look at the West Midlands region as part of a series of property spotlights. In the series, we touch on the average house prices, number of sales and the size of the market around the country.

There is not a single measure which provides a complete picture of the UK market, however with figures from Land Registry House Price Index data to give an indication of the region’s housing markets, here are 20 top areas with statistics on the total value of all property transactions in the past year.

Market snapshot:

The district with the largest market is Bedfordshire which saw £1,511m worth of transactions in the year to January 2017.
This was followed by St Albans with £1,132m worth of sales over the same period.
The district with the highest overall average house price was Three Rivers where prices sit at £514,5000, which is 124% above the national average.
The market with the highest number of transactions was Central Bedfordshire with 5,050 sales occurring during the period.