The law of demand and supply states that, other things remaining constant, an increase in demand leads to increase in prices. Therefore, when the need for residential, retail and office space amplifies, the market value of the property demanded goes up subsequently.

As business thrives in most parts of Lichfield, more and more people come in to utilize the available resources to enhance the economic potential. As such, estate developers and property investors have since anticipated higher returns from the projected values of their properties commensurate for retail, office and residential purposes.

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