House price winners and losers West Midlands

The latest data from the Land Registry reveals that the average house price in the West Midlands is currently £240,530.
On average house prices in the West Midlands rose by by 1.0% or £2,500 over the last month
Over the last year (last 12 calendar months) average house prices in the West Midlands increased by 10.3% or £22,460.
However, across the West Midlands, there is a big spread of house prices at the Local Authority level ranging from £136,000 in Stoke on Trent to £446,000 in Hertfordshire. The average price of a home in Hertfordshire is more than three times the average house price of a home in Stoke on Trent.
Average house prices across the West Midlands
We show in the chart below the average house price for every local authority across the West Midlands
The three most expensive areas for house prices in the West Midlands are:
Hertfordshire where average house prices are £446,000
Stratford-on-Avon with average house prices of £366,000, and
Warwick where average house prices are £353,000
The three least expensive areas for house prices in the West Midlands are:
Stoke on Trent with an average house price of £136,000
Sandwell where average house prices are £186,530, and
Wolverhampton where average house prices are £187,400

West Midlands house prices winners last month (percentage house price rises)
Across the West Midlands house prices increased on average by 1.0% last month. However, the housing market in the West Midlands which saw the biggest relative house price increase was Walsall, where house prices increased by 2.6% last month.
In second place, average house prices increased by 2.8% in Wychavon, and
In Telford and Wrekin average house prices increased by 2.0%
We show in the chart below the hottest 25 housing markets across the West Midlands where house prices increased the most in percentage terms over the last month.

West Midlands absolute house price winners this month
When looking at absolute (monetary) house price rises across the West Midlands last month, we saw the biggest house price increases in Wychavon, up £7,070, Walsall, where house prices rose by £5,080 and Stafford, where house prices rose by £4,880, on average.
We show the 25 best performing housing markets over the last month across the South East in the chart below.

West Midlands relative house price winners last 12 months
House prices have increased significantly over the last 12 months in many areas of the West Midlands.
The biggest relative increases in house prices across the West Midlands over the last year are:
Telford and Wrekin, where average house prices have increased by 15.1%
Tamworth, where average house prices have increased by 13.8%, and
Stafford, where house prices have increased, on average by 13.2% over the last 12 months.
We show the top 25 housing markets, where house prices have increased the most on a relative (percentage) basis across the West Midlands in the chart below

West Midlands absolute house price winners last 12 months
Turning to absolute, or monetary increases in house prices across the West Midlands over the last 12 months, house prices increased the most in Bromsgrove, up £40,130. House prices in the Wychavon have increased by £34,250 over the last year and house prices in the Malvern Hills are up, on average, by £32,240.
We show the West Midlands's top 25 housing markets in terms of absolute house price increases over the last 12 months in the chart below.

West Midlands relative house price losers last month
Unfortunately, house prices fell across many areas of the West Midlands last month. The biggest relative (percentage) falls in house prices were seen in the Wyre Forest, where house prices fell by 3.7%. The Wyre Forest was followed by Lichfield where average prices fell by 0.9%, and in third place was Stoke-on-Trent which saw average house prices last month fall by 0.7%.
We show in the chart below the top 25 relative house prices losers across the West Midlands last month.

West Midlands absolute house price losers last month
In absolute (monetary) terms, the biggest house price falls last month in the West Midlands were in the Wyre Forest, where house prices fell by £8,670. Lichfield where average house prices fell by £2,690 and Tamworth where average house prices fell by £1,460.
We show in the graph below the top 25 house price losers across the West Midlands over the last month, in absolute terms

West Midlands relative house price losers last 12-months
Over the last 12 months, none of the main housing markets in the West Midlands has seen house prices fall, but not all housing markets have seen house prices rise by the same amount.
Those areas in the West Midlands where house prices have risen the least in percentage terms over the last 12 months are:
Staffordshire Moorlands where house prices have risen by 6.0% over the last year
Stoke-on-Trent, where house prices have increased by 7.0% over the last 12 months, and
Hertfordshire where average house prices have increased by 7.1% over the last 12 months
We show in the chart below the top 25 relative house prices losers across the West Midlands over the last year (last 12 months).

West Midlands absolute house price losers last 12-months
Over the last 12 months, average house prices in the West Midlands have risen in all of its local authorities. house prices in the West Midlands have risen the least in absolute (monetary) terms in:
Staffordshire Moorlands, where average house prices have increased by £12,170 over the last 12 months
Stoke-on-Trent, where average house prices have gone up by £12,690 during the last 12 months, and
The Wyre Forest, where average house prices have risen by £15,030 over the last 12 months.
We show in the graph below the top 25 absolute house price losers across the West Midlands over the last 12 months.
