Information on UK Regions - West Midlands
WEST MIDLANDS
A. Regional Gross Domestic Product(GDP) :£45.533 billion
B. Resident Population (1991) :5,036,237
C. Percentage of Population aged 16 - 64 :61.69%
D. Average House Prices (4th Quarter 1994) :£54,829
COMMERCIAL RENTS
Location Office Industrial Retail Zone A
(£/sq. ft.) (£/sq. ft.) (£/sq. ft.)
Warwick 10.00 4.50 35.00
Leamington 12.00 4.50 80.00
Solihull 16.50 5.50 95.00
Birmingham 20.00 4.60 190.00
The ratio of regional gross domestic products to the national gross domestic product of £541
billion tends to be typical for individual boroughs within the region. Average commercial rents
and house prices also tend to be typical for individual boroughs within the region.
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Information Source: Insight Information Services Database
Programmers: First Computing Solutions