Average Price for property in Lichfield is around £273,520 which varies based on type of property you are interested in and ranges from £384,365 for detached house to around £222,273 for semi-detached. Similarly terraced house is around £194,428 and a flat is worth £155,143. Values have been changing and have risen £5,019 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,331 in last 6 months, £22,031 in last 1 year, £39,798 in last 2 years, £30,684 in last 3 years, £34,877 in last 4 years and £31,277 in last 5 years.
Currently average asking price of a property in Lichfield is around £298,901 based on approximately 665 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £1,554 per month.
Estimated property value in Lichfield is £273,520. Average asking price is £298,901 while average price paid is £241,345 which is up by £22,031 and Avg. asking rent £1,554.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Lichfield area. In last 1 year alone average price buyer paid is around £241,345 based on approximately 665 sales in Lichfield area alone. If you compare it to last 3 years sales of 1,805 properties where buyers paid around £231,291. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £228,198 for 2,857 and average amount paid for purchase of approx. 3,933 properties sold in last 7 years comes to about £225,315 per sale.