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

Sparkbrook & Balsall Heath East are the city's most deprived and has the 8th highest child poverty rate out of the city's 69 wards. Resident employment rates in the ward are well below the city average and claimant count unemployment proportions are well above the Birmingham average.

9. Balsall Heath East, Median House prices: Birmingham £147,000

Sparkbrook & Balsall Heath East are the city's most deprived and has the 8th highest child poverty rate out of the city's 69 wards. Resident employment rates in the ward are well below the city average and claimant count unemployment proportions are well above the Birmingham average. | Google

New Dock and Eve Hill, located in Dudley, feature a mix of residential and commercial areas. The population is approximately 7,164, with an average household income around £34,700.

10. New Dock & Eve Hill, Dudley - Median house price - £147,500

New Dock and Eve Hill, located in Dudley, feature a mix of residential and commercial areas. The population is approximately 7,164, with an average household income around £34,700. | Google

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Related topics:West MidlandsBirminghamOffice for National Statistics
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