Property Data OutlookLichfield
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for Lichfield
Key indicators for buyers
The Lichfield market is moderately favourable for buyers. Affordability has improved from a peak of 11.3x in 2022 to 9.2x today. Rising rents (£1,080/mo, +8.2%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Lichfield costs 9.2x the local median salary — stretched, improving from a peak of 11.3x in 2022.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Lichfield is £1,080, up 8.2% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Lichfield price of £327,179 with a 25% deposit (£82k), a 2-year fixed mortgage at 3.97% costs around £1,291 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£1,291) are £211 more than renting (£1,080). However, buying requires an upfront deposit of £82k — it would take around 12 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
68, WOLSEY ROAD WS13 7QH | Semi-detached | £288,000 | 29 Jan 2026 |
84, HAYMOOR WS14 9SX | Semi-detached | £270,000 | 27 Jan 2026 |
WOODSIDE FARM, BANGLEY LANE, HINTS B78 3EB | Detached | £595,000 | 23 Jan 2026 |
7, PARK AVENUE WS7 0EG | Detached | £300,000 | 23 Jan 2026 |
2, ST HELENS ROAD WS13 7RG | Detached | £300,000 | 22 Jan 2026 |
9, HILLSIDE WS14 9DQ | Detached | £503,500 | 16 Jan 2026 |
18, CHADWICK CRESCENT, HILL RIDWARE WS15 3QW | Semi-detached |
Explore postcodes in Lichfield
3postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.