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Residential building land figures - 2008 - West Midlands

Typical values of land for residential development as at 1 January 2008

The values should be regarded as illustrative rather then definitive and represent typical levels of value for sites with no abnormal site constraints and a residential planning permission of a type generally found within the area.

 


WEST MIDLAND

 

REGION

Small Sites
(sites for less than five houses)
Bulk Land
(sites in excess of two hectares)
Sites for flats or
maisonettes
£s per hectare
£s per hectare
£s per hectare
Birmingham 2,200,000 2,200,000 2,200,000
Coventry 2,850,000 2,750,000 3,750,000
Sandwell 2,200,000 2,100,000 2,100,00
Wolverhampton 2,000,000 2,000,000 2,800,000
Lichfield 2,400,000 2,300,000 2,900,000
Shrewsbury 2,700,000 2,600,000 2,400,000
Stoke-on-Trent ( the market is composed of mainly brownfield sites) 1,900,000 1,800,000 2,100,000
Warwick 3,600,000 3,300,000 3,800,000
Worcester 3,200,000 2,500,000 3,400,000
Kidderminster 2,750,000 2,850,000 2,800,000

Regional Reports

North East

North West

Merseyside

Yorkshire and the Humber

East Midlands

West Midlands

East of England

Inner London

Outer London

South East

South West

Wales

Scotland