Midlands Property Market: Regional Analysis & County Comparison, End of H1 2026

The Midlands region encompasses 10 counties, recording a combined 92,392 residential transactions over the past 12 months. The regional median property price stands at £238,625, with prices falling at -1.7% year-on-year.

Midlands median prices have moved from £253,845 in Q1 2025 to £241,587 in Q2 2026, a change of -4.8% over 5 quarters.

New-build activity across the region totalled 1,427 completions, demonstrating an active development pipeline.

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.

Property prices across Midlands vary significantly. Warwickshire commands the highest median price at £330,000, while Nottinghamshire offers the most affordable entry at £194,000 — a spread of £136k.

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.

The most active development markets in Midlands, measured by new-build completions, are West Midlands (231 new builds), Lincolnshire (210 new builds), Nottinghamshire (184 new builds).

By total transaction volume — an indicator of market liquidity and exit confidence — West Midlands (22,703 sales), Staffordshire (10,347 sales), Nottinghamshire (9,461 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.

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.