The Prime Housing Market in Staffordshire: An Overview

• Housing News
• 2nd October 2024

Staffordshire’s property market offers an exclusive array of homes valued at £1,000,000 and above, particularly in premium areas like Lichfield, Alrewas, and parts of Cannock Chase. These high-end properties, often boasting large plots, multiple bedrooms, and unique historical or architectural features, cater to affluent buyers seeking a balance between countryside charm and proximity to urban amenities.

Key Locations for Million-Pound Homes

Lichfield is one of the standout locations in Staffordshire for £1,000,000+ properties. It offers a mix of historic and contemporary homes, many featuring period details like exposed beams, original fireplaces, and expansive gardens. The market here is driven by a combination of historical appeal and accessibility—Lichfield has excellent transport links to Birmingham and London, making it a prime spot for commuters.

Cannock Chase, known for its natural beauty, also features some of Staffordshire’s most luxurious homes. Properties here are often set within large estates, offering privacy, scenic views, and high-end amenities. The area is popular among those looking for a serene retreat without sacrificing access to nearby cities like Stafford and Wolverhampton.

Property Trends

Homes in the prime pricing bracket typically include extensive grounds, offering not only spacious interiors but also additional features such as swimming pools, stables, or tennis courts. Inside, buyers can expect large entertaining kitchens, multiple reception rooms, and luxury bathrooms. Sustainability is becoming a growing focus, with many properties incorporating energy-efficient features such as solar panels, heat pumps, and electric vehicle charging stations.

Another notable trend is the inclusion of smart home technology. More properties in this price range are equipped with integrated security systems, lighting, and climate controls that can be managed remotely. Buyers are increasingly seeking homes that blend traditional charm with modern convenience.

Market Performance and Outlook

Despite some market volatility, the demand for million-pound homes in Staffordshire has remained stable. Factors such as limited supply, increased demand for countryside living post-pandemic, and a preference for properties with more space have contributed to the market’s resilience. Data from property platforms like Rightmove and OnTheMarket shows a steady number of million-pound listings, with some achieving offers above the asking price – OnTheMarket

As the appeal of luxury living continues to grow, particularly among those seeking a blend of rural beauty and urban accessibility, Staffordshire’s million-pound property market is expected to remain competitive. Buyers looking in this range are not just investing in a home but in a lifestyle—one defined by space, privacy, and prestige.

Overview

The market for homes priced at £1m and above in Staffordshire offers a diverse range of properties, from historic manors to modern estates. While locations like Lichfield and Cannock Chase dominate this upper echelon of the market, the continued appeal of luxury living in the region suggests that this segment will continue to thrive. Whether for families, commuters, or those seeking countryside serenity, the million-pound homes of Staffordshire offer something truly unique.

If you have a property within the Staffordshire county and are looking at obtaining a valuation to assess its current value, please get in touch with the Prime&Place team via telephone: 02038 111401 or email: [email protected]