2.6 West Midlands — West Midlands
The West Midlands recorded an average price paid of £290,928 in July 2026, a modest decline of 1.3% year-on-year. Average monthly rents rose 5.0% to £904, and gross yields expanded by 0.23 percentage points to 3.73%. Price performance was mixed, with WV and TF recording notable gains while B and CV fell.
Property Prices by Postcode Area
Jul-26 average price by property type, with year-on-year change vs Jul-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | ||
| B | Birmingham | £290,423 ▼ 3.4% | £493,844 ▼ 7.4% | £304,698 ▲ 5.2% | £231,486 ▼ 1.9% | £144,055 ▼ 14.2% |
| CV | Coventry | £315,663 ▼ 3.1% | £489,427 ▼ 4.4% | £314,350 ▼ 0.7% | £230,170 ▼ 2.7% | £179,234 ▼ 1.2% |
| DY | Dudley | £279,945 ▼ 2.6% | £402,738 ▼ 1.8% | £245,721 ▼ 7.3% | £202,259 ▼ 4.3% | £128,900 ▼ 4.2% |
| HR | Hereford | £333,081 ▲ 1.9% | £442,308 ▼ 4.9% | £279,794 ▲ 9.6% | £219,675 ▼ 1.3% | £138,600 ▲ 33.2% |
| ST | Stoke-on-Trent | £238,020 ▲ 0.1% | £356,704 ▼ 4.7% | £196,744 ▼ 3.1% | £162,656 ▲ 9.2% | £104,000 ▼ 5.2% |
| SY | Shrewsbury | £310,155 ▲ 0% | £422,544 ▲ 0.2% | £236,947 ▼ 13.1% | £198,552 ▲ 0.3% | £131,417 ▼ 31.2% |
| TF | Telford | £260,139 ▲ 3.2% | £342,962 ▼ 9.2% | £214,600 ▲ 0.2% | £191,996 ▲ 6.1% | £96,490 ▼ 16.4% |
| WR | Worcester | £343,822 ▲ 0.6% | £459,969 ▼ 6.6% | £327,500 ▲ 10.6% | £234,714 ▼ 15.4% | £217,622 ▲ 25.7% |
| WS | Walsall | £287,672 ▲ 2.8% | £451,202 ▲ 4.3% | £233,566 ▼ 6.4% | £218,981 ▼ 4.7% | £122,592 ▼ 14.5% |
| WV | Wolverhampton | £283,672 ▲ 12% | £367,509 ▼ 1.1% | £266,711 ▲ 7.4% | £202,263 ▼ 6.6% | £138,750 ▲ 14.5% |
| West Midlands | £290,928 ▼ 1.3% | £427,654 ▼ 6.2% | £269,051 ▼ 0.4% | £213,513 ▼ 3.3% | £148,710 ▼ 6.6% | |
WV recorded the strongest price growth at +12.0% to £283,672, while TF rose 3.2% and WS rose 2.8%. B and CV each fell, down 3.4% and 3.1% respectively. WR remains the most expensive area in the region at £343,822, followed by HR at £333,081.
Average Monthly Rent by Postcode Area
Jul-26 average monthly rent by property type, with year-on-year change vs Jul-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | ||
| B | Birmingham | £1,066 ▲ 3.5% | £1,416 ▲ 2.8% | £1,119 ▲ 3.7% | £1,056 ▲ 3.9% | £875 ▲ 3.3% |
| CV | Coventry | £1,076 ▲ 3.5% | £1,435 ▲ 2.9% | £1,134 ▲ 3.6% | £1,059 ▲ 3.7% | £882 ▲ 3.4% |
| DY | Dudley | £860 ▲ 2.2% | £1,110 ▲ 1.8% | £925 ▲ 2.2% | £860 ▲ 2.4% | £682 ▲ 2.2% |
| HR | Hereford | £805 ▲ 2.5% | £1,107 ▲ 2% | £889 ▲ 2.4% | £766 ▲ 2.6% | £641 ▲ 2.2% |
| ST | Stoke-on-Trent | £791 ▲ 6.4% | £1,041 ▲ 5.8% | £843 ▲ 6.5% | £789 ▲ 6.6% | £632 ▲ 6.2% |
| SY | Shrewsbury | £772 ▲ 5% | £1,026 ▲ 4.7% | £822 ▲ 5.1% | £755 ▲ 5.3% | £630 ▲ 4.5% |
| TF | Telford | £852 ▲ 6.4% | £1,180 ▲ 5.9% | £903 ▲ 6.6% | £834 ▲ 6.7% | £682 ▲ 6.3% |
| WR | Worcester | £954 ▲ 5% | £1,312 ▲ 4.5% | £1,020 ▲ 5.1% | £923 ▲ 5.2% | £773 ▲ 4.9% |
| WS | Walsall | £946 ▲ 7.6% | £1,277 ▲ 7.1% | £986 ▲ 7.8% | £942 ▲ 7.9% | £759 ▲ 7.4% |
| WV | Wolverhampton | £920 ▲ 8.8% | £1,244 ▲ 8.1% | £970 ▲ 8.8% | £912 ▲ 9.1% | £728 ▲ 8.6% |
| West Midlands | £904 ▲ 5% | £1,215 ▲ 4.5% | £961 ▲ 5.1% | £890 ▲ 5.3% | £728 ▲ 4.8% | |
WV led rent growth at 8.8% to £920 per month, followed by WS at 7.6% and TF and ST both at 6.4%. HR recorded the weakest rent growth at 2.5%. CV commands the highest average monthly rent in the region at £1,076.
Gross Rental Yields by Postcode Area
Jul-26 gross yield (annual rent ÷ purchase price) by property type, with year-on-year change vs Jul-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | ||
| B | Birmingham | 4.4% ▲ 0.29pp | 3.4% ▲ 0.34pp | 4.4% ▼ 0.07pp | 5.5% ▲ 0.31pp | 7.3% ▲ 1.23pp |
| CV | Coventry | 4.1% ▲ 0.26pp | 3.5% ▲ 0.25pp | 4.3% ▲ 0.18pp | 5.5% ▲ 0.34pp | 5.9% ▲ 0.26pp |
| DY | Dudley | 3.7% ▲ 0.17pp | 3.3% ▲ 0.12pp | 4.5% ▲ 0.42pp | 5.1% ▲ 0.33pp | 6.3% ▲ 0.4pp |
| HR | Hereford | 2.9% ▲ 0.02pp | 3.0% ▲ 0.2pp | 3.8% ▼ 0.26pp | 4.2% ▲ 0.16pp | 5.5% ▼ 1.68pp |
| ST | Stoke-on-Trent | 4.0% ▲ 0.24pp | 3.5% ▲ 0.35pp | 5.1% ▲ 0.46pp | 5.8% ▼ 0.14pp | 7.3% ▲ 0.79pp |
| SY | Shrewsbury | 3.0% ▲ 0.14pp | 2.9% ▲ 0.12pp | 4.2% ▲ 0.72pp | 4.6% ▲ 0.22pp | 5.8% ▲ 1.97pp |
| TF | Telford | 3.9% ▲ 0.12pp | 4.1% ▲ 0.59pp | 5.1% ▲ 0.3pp | 5.2% ▲ 0.03pp | 8.5% ▲ 1.81pp |
| WR | Worcester | 3.3% ▲ 0.14pp | 3.4% ▲ 0.36pp | 3.7% ▼ 0.19pp | 4.7% ▲ 0.92pp | 4.3% ▼ 0.85pp |
| WS | Walsall | 3.9% ▲ 0.18pp | 3.4% ▲ 0.09pp | 5.1% ▲ 0.66pp | 5.2% ▲ 0.6pp | 7.4% ▲ 1.52pp |
| WV | Wolverhampton | 3.9% ▼ 0.11pp | 4.1% ▲ 0.35pp | 4.4% ▲ 0.06pp | 5.4% ▲ 0.78pp | 6.3% ▼ 0.34pp |
| West Midlands | 3.7% ▲ 0.23pp | 3.4% ▲ 0.35pp | 4.3% ▲ 0.22pp | 5.0% ▲ 0.41pp | 5.9% ▲ 0.64pp | |
B offers the highest gross yield in the region at 4.41%, expanding 0.29 percentage points year-on-year, followed by CV at 4.09%. HR and SY remain the lowest yielding areas at 2.90% and 2.99% respectively, reflecting their rural character. WV recorded slight yield compression of -0.11pp as price growth outpaced rent gains.