The cheapest place to live in the West Midlands is Wolverhampton central. Wolverhampton is not considered a prime economic or cultural hub like London, Manchester, or Birmingham, which leads to less competition for housing. The lack of high demand helps keep property prices and rental costs lower.The cheapest place to live in the West Midlands is Wolverhampton central. Wolverhampton is not considered a prime economic or cultural hub like London, Manchester, or Birmingham, which leads to less competition for housing. The lack of high demand helps keep property prices and rental costs lower.
The cheapest place to live in the West Midlands is Wolverhampton central. Wolverhampton is not considered a prime economic or cultural hub like London, Manchester, or Birmingham, which leads to less competition for housing. The lack of high demand helps keep property prices and rental costs lower. | Express & Star

West Midlands' cheapest areas 2024: The 10 neighbourhoods with the lowest property prices

Emma Walker
By Emma Walker

Editor

Published 19th Oct 2024, 06:00 BST

The cheapest areas to buy property in the West Midlands have been revealed

These areas provide a mix of local amenities, schools, and green spaces, making them appealing for families and those looking for more budget-friendly living options within and around Birmingham. A new report ranks all neighbourhoods in the West Midlands based on their average house prices as well as their total house sales year ending March 2024.

Online Marketing Surgery and Cardinal Steels have created their Property Report, which helped rank neighbourhoods in the West Midlands based on their average house prices, using Office for National Statistics data.

Read more: West Midlands' priciest areas 2024: 10 luxury neighbourhoods with the highest property prices

Here are the top 10 neighbourhoods in the West Midlands with the cheapest property prices

Like many parts of Coventry, Hillfields experienced rapid industrial growth during the 19th and early 20th centuries, particularly in industries like manufacturing, textiles, and automotive production. However, with the decline of these industries in the late 20th century, Hillfields—along with much of Coventry—suffered from job losses and economic stagnation.

5. Hillfields in Coventry - Median house prices: £133,500

Like many parts of Coventry, Hillfields experienced rapid industrial growth during the 19th and early 20th centuries, particularly in industries like manufacturing, textiles, and automotive production. However, with the decline of these industries in the late 20th century, Hillfields—along with much of Coventry—suffered from job losses and economic stagnation. | Google

Brierley Hill has a large stock of older terraced houses, council estates, and semi-detached homes. Many of these homes were built during the town's industrial heyday and have not been modernised to the same extent as properties in more affluent areas.

6. Brierley Hill, Dudley - Median House price: £143,500

Brierley Hill has a large stock of older terraced houses, council estates, and semi-detached homes. Many of these homes were built during the town's industrial heyday and have not been modernised to the same extent as properties in more affluent areas. | Google

Palfrey is a residential and culturally diverse area located in Walsall, within the West Midlands region of England. It is known for its strong sense of community, ethnic diversity, and a mixture of housing types

7. Palfrey, Walsall - median house prices: £145,000

Palfrey is a residential and culturally diverse area located in Walsall, within the West Midlands region of England. It is known for its strong sense of community, ethnic diversity, and a mixture of housing types | Express & Star

Winson Green is a loosely defined inner-city area in the west of the city of Birmingham, England. It is part of the ward of Soho. It is the location of HM Prison Birmingham (known locally as Winson Green Prison or "the Green")

8. Winson Green & Gib Heath, Birmingham, Median house prices: £145,000

Winson Green is a loosely defined inner-city area in the west of the city of Birmingham, England. It is part of the ward of Soho. It is the location of HM Prison Birmingham (known locally as Winson Green Prison or "the Green") | LDRS

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Related topics:West MidlandsBirminghamOffice for National Statistics
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