Eight-year-old Mylee Billingham was taken to hospital with stab injuries but unfortunately, nothing could be done to save her life, and she was pronounced dead shortly after arriving.
Mylee, said to be an Ed Sheerhan superfan, was found with serious injuries at 9.15pm last night and was taken to hospital, but doctors couldn't save her and she died a short time later.
Last night, police were at the home of Mylee's mother, Tracey Taundry, which is just minutes away from the scene of the crime.
Earlier, West Midlands Police said he will be questioned in due course.
West Midlands Police have arrested 54-year-old Bill Billingham who also had a stab wound.
Mr Greatrex said a man had lived there for the past six months after the previous occupier, a woman, had died. Police vans, patrol cars and officers are now at the scene on Valley View, in the heavy snow.
Distraught mum Tracey was heard screaming that her little girl had been stabbed as neighbours tried to comfort her on Saturday.
"Now I know what's happened it's very upsetting".
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Det Insp Colclough stated "our family liaison team are supporting the family of the little girl, who are naturally devastated by her death. Our thoughts remain with them".
Det Insp Jim Colclough said it was "an absolutely tragic set of circumstances".
"I didn't hear until this morning what it was and I was absolutely shocked - I didn't know the bloke who lived there and he hadn't lived there long, maybe six months, if that", the pensioner said.
"There were police cars both sides of the road, ambulances. all sorts".
"I didn't know there were any kids in there".
A friend of Bill told The Sun: "I just can't believe he would do something like this". "I heard some noise last night and the first thing I thought it was someone come round the back to try and steal my scooter", Taylor told Birmingham Mail.
David Taylor, who lives opposite the house, added: "All I heard last night was auto doors banging, so I looked out and saw a load of flashing lights".