Average Rent, House Prices and Buy-to-Let Yield in Lichfield (July 2026)
The average private rent in Lichfield is £1,100 a month (ONS, July 2026) and the average house price £337,052 (HM Land Registry, June 2026): a gross yield of 3.9%, ranked 243 of 316 local authorities.
Rent in Lichfield
The average private rent across all property types is £1,100 a month (+8.0% on a year earlier). The regional median in the West Midlands is £942.
| Property | Per month | Per year |
|---|---|---|
| 1 bedroom | £740 | £8,880 a year |
| 2 bedrooms | £965 | £11,580 a year |
| 3 bedrooms | £1,155 | £13,860 a year |
| 4+ bedrooms | £1,693 | £20,316 a year |
The bedroom ladder in Lichfield: one to two bedrooms adds 30.4% to the rent, two to three adds 19.7% and three to four-plus adds 46.6% (England-and-Wales medians 27.3%, 20.9% and 40.9%). The biggest step here is three to four or more bedrooms — the size where an extra room earns most, and the first place to look when comparing a conversion against its cost.
House prices in Lichfield
The average price paid is £337,052 (+3.9% on a year earlier).
| Type | Average price |
|---|---|
| Detached | £523,122 |
| Semi-detached | £315,985 |
| Terraced | £250,686 |
| Flat | £163,293 |
Rents are outrunning prices in Lichfield. Rents moved +8% over the year against +3.9% for prices — a gap of 4.1 points that lifts the gross yield a buyer sees today. Lichfield ranks 20th of 316 local authorities for rent growth and 115th of 316 for price growth; the England-and-Wales medians are +3.8% and +2.8%.
Gross yield by property type in Lichfield
| Type | Rent / month | Average price | Gross yield | E&W median |
|---|---|---|---|---|
| Flat | £965 | £163,293 | 7.1% | 7.5% |
| Terraced house | £1,155 | £250,686 | 5.5% | 5.7% |
| Semi-detached | £1,155 | £315,985 | 4.4% | 4.6% |
| Detached | £1,693 | £523,122 | 3.9% | 4.1% |
On these pairings the strongest gross yield in Lichfield is on flats at 7.1%, against an England-and-Wales median of 7.5% for that type; the weakest is detached. Gross figures ignore service charges, which usually make flats the thinnest net yield of the four.
What that means for a landlord
- Gross yield 3.9% (rent × 12 ÷ price) — rank 243 of 316 local authorities; the regional median is 4.5%. Net yield is lower once mortgage interest, insurance, maintenance and voids come off.
- Tenant affordability: referencing at 30× means a household income of about £33,000 a year for the average rent.
- EPC before 2030: 44% of EPCs lodged in Lichfield over the last year were below band C — the level a rented home needs by 1 October 2030 — with 35% at D (EPC ratings in Lichfield).
- Council tax: Band D in Lichfield is £2,352 for 2026/27, and the council charges a 100% second-home premium (council tax in Lichfield).
Lender maths on the averages. At a 5.5% stress rate and 145% rent cover — the common buy-to-let convention — the average rent of £1,100 supports a loan of about £165,517, which is 49.1% of the average price. That falls short of 75% loan-to-value, so a buyer of an average home here needs a larger deposit or a stronger rent to pass the stress test. Both numbers are conventions rather than rules — change them in the stress test.
Run the numbers for Lichfield
- Yield calculator with £337,052 and £1,100 already filled in
- Mortgage stress test at 75% LTV on the average price
- Rent affordability: the income a tenant needs to reference at £1,100 a month
- Rental income tax on £13,200 a year of rent
Nearest neighbours by yield, in the West Midlands
| Area | Rent | Price | Yield | Rent 12m |
|---|---|---|---|---|
| Wyre Forest | £823 | £232,448 | 4.2% | −2.3% |
| Stafford | £898 | £259,721 | 4.1% | +6.3% |
| Warwick | £1,239 | £372,922 | 4% | +1.9% |
| Staffordshire Moorlands | £724 | £227,875 | 3.8% | +7.3% |
| South Staffordshire | £949 | £310,258 | 3.7% | +4.8% |
| Stratford-on-Avon | £1,143 | £392,574 | 3.5% | +5.5% |
All 316 areas ranked · council tax in Lichfield · EPC ratings in Lichfield.
Rents: ONS, Price Index of Private Rents (average monthly private rent by local authority, July 2026). Prices: HM Land Registry UK House Price Index (average price, June 2026). Gross yield = rent × 12 ÷ price, our calculation. Contains public sector information licensed under the Open Government Licence v3.0; contains HM Land Registry data © Crown copyright and database right 2026. Rankings and medians are ours, across 316 local authorities.
Asked about this area
£1,100 a month across all property types (ONS Price Index of Private Rents, July 2026), up 8.0% on a year earlier.
£337,052 (HM Land Registry UK House Price Index, June 2026).
About 3.9% gross on the averages — £1,100 rent against a £337,052 price — ranking 243 of 316 local authorities. Net yield depends on your mortgage and costs.
Flats on our pairing: 7.1% gross (£965 rent on a £163,293 price), against an England-and-Wales median of 7.5% for that type.
Rents +8% against prices +3.9% over the year — rents ahead, so yield is rising for a buyer today.
Referencing at 30 times the monthly rent points to roughly £33,000 a year of household income for the average home; the affordability calculator shows 24× and 36× too.
Postcode districts in Lichfield
Council tax bands, sold prices and build periods for each district — all B postcodes · all WS postcodes.