Richmond House Prices Richmond House Prices

The average house price in Richmond is £763,764 using HM Land Registry data.

The average property price increased by £26,645 (2.64%) over the last 5 years and increased by £5,326 (0.52%) over the last 12 months.

Over the last year, there were 411 residential property sales – a decrease of 42 transactions (-10.22%) relative to the previous year. The majority of house sales (117) were in the £420,000 - £632,000 range. Then came properties in the £632,000 - £844,000 range, where 89 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-55,739 (-4%).

In May 2025, there were 118 new estate agency instructions, 76 agreed home sales and 90 property price reductions.

5-Year Average Property Prices in Richmond

2.64%

Property prices in Richmond increased by 2.64% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Richmond Over the Last Year

0.52%

Property prices in Richmond increased by 0.52% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Richmond - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Richmond

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Richmond

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Richmond

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Richmond since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Richmond area since 1995.

Recent Property Sales in Richmond

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
156 Manor Grove, Richmond, Greater London, TW9 4QG£995,000£947,650-£47,35009 Jun 202421 Feb 2025257 Days
61 Princes Road, Richmond, Greater London, TW10 6DQ£1,000,000£970,000-£30,00024 Oct 202414 Feb 2025113 Days
8 Camel Grove, Kingston Upon Thames, Greater London, KT2 5GR£1,400,000£1,250,000-£150,00023 Sep 202431 Jan 2025130 Days
15 Paxton Close, Richmond, Greater London, TW9 2AW£895,000£880,000-£15,00001 May 202428 Jan 2025272 Days
12 Albert Road, Richmond, Greater London, TW10 6DP£795,000£795,000£025 Jul 202424 Jan 2025183 Days
11 Ham Street, Richmond, Greater London, TW10 7HR£2,595,000£2,230,000-£365,00016 May 202424 Jan 2025253 Days
77 Sheen Court, Richmond, Greater London, TW10 5DF£475,000£445,000-£30,00026 Sep 202424 Jan 2025120 Days
39 Lauderdale Drive, Richmond, Greater London, TW10 7BS£2,000,000£1,790,000-£210,00018 Sep 202423 Jan 2025127 Days
27 Albert Road, Richmond, Greater London, TW10 6DJ£800,000£795,500-£4,50023 Sep 202417 Jan 2025116 Days
23 Hardwicke Road, Richmond, Greater London, TW10 7UB£675,000£670,000-£5,00007 Jun 202417 Jan 2025224 Days
9a, Kew Foot Road, Richmond, Greater London, TW9 2SS£1,050,000£895,000-£155,00016 Nov 202217 Jan 2025793 Days
Flat 15, Sovereign Court, Victoria Villas, Richmond, Greater London, TW9 2JX£335,000£315,000-£20,00015 Aug 202416 Jan 2025154 Days
126 Latchmere Road, Kingston Upon Thames, Greater London, KT2 5TU£995,000£995,000£016 Sep 202410 Jan 2025116 Days
88 Cardinal Avenue, Kingston Upon Thames, Greater London, KT2 5SA£875,000£863,000-£12,00002 Oct 202407 Jan 202597 Days
77 Albert Road, Richmond, Greater London, TW10 6DJ£965,000£955,000-£10,00022 Aug 202419 Dec 2024119 Days
161 Sheen Court, Richmond, Greater London, TW10 5DQ£685,000£665,000-£20,00020 Mar 202419 Dec 2024274 Days
169 Wolsey Drive, Kingston Upon Thames, Greater London, KT2 5DR£775,000£740,000-£35,00006 Jun 202418 Dec 2024195 Days
47 Raleigh Road, Richmond, Greater London, TW9 2DU£875,000£850,000-£25,00028 Nov 202417 Dec 202419 Days
4 Wilmer Crescent, Kingston Upon Thames, Greater London, KT2 5LU£425,000£390,000-£35,00002 Nov 202402 Dec 202430 Days
2 Fanshawe Road, Richmond, Greater London, TW10 7XT£1,250,000£1,235,000-£15,00025 Jul 202429 Nov 2024127 Days

Most Expensive Streets in Richmond

PostcodeStreetAreaAverageNo. of Sales
TW10 7ATSudbrook LaneRichmond£5,528,5427
TW10 6HQMarchmont RoadRichmond£4,346,2504
TW10 6ENDenbigh GardensRichmond£4,275,0005
TW10 6EXKings RoadRichmond£3,653,3333
TW10 5BNSheen Common DriveRichmond£3,499,2005
TW10 6NSPark RoadRichmond£3,241,6663
TW10 6NEFriars Stile RoadRichmond£3,230,2504
TW10 5BXOrchard RiseRichmond£3,103,5717
TW10 5BWSheen Common DriveRichmond£3,016,2504
TW10 6PQMount Ararat RoadRichmond£2,856,2504

Least Expensive Streets in Richmond

PostcodeStreetAreaAverageNo. of Sales
TW9 4NHParison CloseRichmond£231,9163
TW9 2PQKew RoadRichmond£266,0003
TW10 6SBGlovers LodgeLewis Road£288,3333
TW9 2JXSovereign CourtVictoria Villas£297,5004
KT2 5PYCranmer CourtRichmond Road£306,6503
TW9 4NGOwens CourtLower Richmond Road£322,51710
TW9 1XWAdelaide RoadRichmond£342,6874
TW9 1AYLichfield CourtSheen Road£353,95010
TW9 2LNLower Mortlake RoadRichmond£358,3163
TW9 4NRGarden RoadRichmond£371,70517

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