The latest house price data, based on Land Registry figures, was published by the Office for National Statistics last month.
There are few surprises when it comes to the most expensive and cheapest areas of the region in which to buy a house.
The figures, for the year to September 2024, help give us an idea of the places seeing the biggest annual percentage decrease.
Online Marketing Surgery and BLG Development Finance have created their House Price Change Report based on the data, which helped rank neighbourhoods in the West Midlands based on their house price percentage change from September 2023 to September 2024.
Take a look below to see where house prices are falling fast during the first few months of 2025:
1. Canley & Westwood Heath, Coventry
House price percentage decrease (September 2023/September 2024): 35.4% to £210,000 | Google
2. Keresley, Coventry
House price percentage decrease: 27.7% to £235,000 | Google
3. Lower Stoke & Gosford Park, Coventry
House price percentage decrease: 25.8% to £175,000 | Google
4. Walsall West
House price percentage decrease: 22.9% to £152,250 | Express & Star