Midlands Property Market Overview
The Midlands region encompasses 10 counties, recording a combined 82,232 residential transactions over the past 12 months. The regional median property price stands at £238,500, with prices falling at -2.5% year-on-year.
New-build activity across the region totalled 2,359 completions, demonstrating an active development pipeline.
County-by-County Comparison
The table below compares all 10 counties in the Midlands region, ranked by median property price. Click any county name for the full market report.
| County | Median Price | Sales (12m) | YoY Change | New Builds |
|---|---|---|---|---|
| Warwickshire | £330,000 | 5,610 | -2.4% | 262 |
| Worcestershire | £290,000 | 5,378 | -1% | 94 |
| Shropshire | £265,000 | 2,461 | -2.2% | 75 |
| Leicestershire | £255,000 | 8,776 | -3.8% | 290 |
| Northamptonshire | £250,000 | 7,682 | -4% | 315 |
| Staffordshire | £227,000 | 9,577 | -0.1% | 173 |
| West Midlands | £220,000 | 20,681 | +0.8% | 308 |
| Derbyshire | £215,000 | 7,464 | -3.5% | 206 |
| Lincolnshire | £212,500 | 8,066 | -4.4% | 352 |
| Nottinghamshire | £210,000 | 6,537 | -4.3% | 284 |
Price Geography
Property prices across Midlands vary significantly. Warwickshire commands the highest median price at £330,000, while Nottinghamshire offers the most affordable entry at £210,000 — a spread of £120k.
This price differential creates opportunities across the risk-return spectrum. Premium locations offer higher GDVs but require larger capital commitments, while more affordable areas can deliver stronger percentage returns on lower absolute investment.
Development Hotspots
The most active development markets in Midlands, measured by new-build completions, are Lincolnshire (352 new builds), Northamptonshire (315 new builds), West Midlands (308 new builds).
By total transaction volume — an indicator of market liquidity and exit confidence — West Midlands (20,681 sales), Staffordshire (9,577 sales), Leicestershire (8,776 sales) lead the region.
Developers entering the Midlands market should weigh these two metrics together: new-build activity shows where planning consent is achievable, while transaction volume confirms buyer demand.
Finance Landscape
Development finance across Midlands varies by location and scheme size. In premium areas like Warwickshire, typical scheme GDVs support larger facilities, while more affordable counties may suit developers using bridging finance for refurbishment-led strategies.
Senior development finance is available from 6.5% p.a. at up to 65-70% LTGDV, with mezzanine finance stretching total borrowing to 85-90% of costs. For developers building across multiple sites in the region, portfolio-level facilities can offer better terms.
Construction Capital sources terms from 100+ lenders across the Midlands region. Submit your scheme through our deal room for indicative terms within 24 hours.
Key Takeaways
- Market size: 82,232 transactions across 10 counties — one of the UK's most active regions.
- Price range: £210,000 to £330,000 median prices, offering opportunities across the capital spectrum.
- Market direction: 1 of 10 counties showing year-on-year price growth.
- New build activity: 2,359 completions across the region, indicating a healthy development pipeline.
- Finance availability: Full range of development finance, mezzanine, bridging, and exit products available across all Midlands counties.
Finance Solutions
Related Finance Products
Development Finance
Senior debt funding for ground-up residential and commercial developments.
From 6.5% p.a. · Up to 65-70% LTGDVBridging Loans
Short-term finance for acquisitions, auction purchases and time-sensitive deals.
From 0.55% p.m. · Up to 75% LTVMezzanine Finance
Stretch your capital stack beyond senior debt to reduce equity requirements.
From 12% p.a. · Up to 85-90% LTGDVRelated Reports
Nottinghamshire Property Market: Prices, Trends & Development Finance (2026)
5 min readLincolnshire Property Market: Prices, Trends & Development Finance (2026)
5 min readDerbyshire Property Market: Prices, Trends & Development Finance (2026)
5 min readWest Midlands Property Market: Prices, Trends & Development Finance (2026)
5 min readStaffordshire Property Market: Prices, Trends & Development Finance (2026)
5 min readFrequently Asked Questions
What is the average house price in Midlands?
The median house price across Midlands is £238,500, based on 82,232 transactions over the past 12 months. Prices range from £210,000 in Nottinghamshire to £330,000 in Warwickshire.
Which county in Midlands is best for property development?
This depends on your strategy. West Midlands offers the highest transaction volumes (20,681 sales) for exit confidence. Lincolnshire has the most new-build activity (352 completions). See the individual county reports for detailed analysis.
How are property prices trending in Midlands?
Prices across Midlands are falling at -2.5% year-on-year. 1 of 10 counties are seeing price growth.