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Richmond House Prices Richmond House Prices

The average house price in Richmond is £232,400 using HM Land Registry data.

The average property price increased by £45,393 (19.53%) over the last 5 years and increased by £9,073 (3.38%) over the last 12 months.

Over the last year, there were 107 residential property sales – a decrease of 7 transactions (-6.54%) relative to the previous year. The majority of house sales (26) were in the £184,000 - £238,000 range. Then came properties in the £130,000 - £184,000 range, where 24 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,735 (-2%).

In April 2024, there were 27 new estate agency instructions, 18 agreed home sales and 8 property price reductions.

Neighbouring Areas: Barnes, East Sheen, Kew, Kingston Upon Thames, New Malden, Hampton

Postcodes Covered: KT2, SW14, TW10, TW11, TW9

5-Year Average Property Prices in Richmond

19.53%

Property prices in Richmond increased by 19.53% 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

3.38%

Property prices in Richmond increased by 3.38% 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 - April 2024

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
71 Hurgill Road, Richmond, North Yorkshire, DL10 4BJ£995,000£993,000-£2,00009 Nov 202322 Feb 2024105 Days
4 Wellington Place, Richmond, North Yorkshire, DL10 4AP£350,000£338,000-£12,00028 Nov 202319 Feb 202483 Days
13 Laburnum Grove, Richmond, North Yorkshire, DL10 5AR£195,000£175,000-£20,00030 Oct 202322 Jan 202484 Days
8 Roper Court, Richmond, North Yorkshire, DL10 4DF£300,000£300,000£0025 Aug 202308 Jan 2024136 Days
8 St Trinians Drive, Richmond, North Yorkshire, DL10 7SS£250,000£250,000£0005 Jun 202319 Dec 2023197 Days
18 Wathcote Close, Richmond, North Yorkshire, DL10 7DX£239,950£235,000-£4,95016 Aug 202304 Dec 2023110 Days
26 St Hilary Close, Richmond, North Yorkshire, DL10 4BH£205,000£205,000£0024 Aug 202304 Dec 2023102 Days
11 Alma Place, Richmond, North Yorkshire, DL10 4TU£175,000£173,000-£2,00004 Oct 202330 Nov 202357 Days
97 Gilling Road, Richmond, North Yorkshire, DL10 5AW£284,000£275,000-£9,00021 Jun 202324 Nov 2023156 Days
3 Castlekeep Close, Richmond, North Yorkshire, DL10 4YX£494,950£485,000-£9,95004 Jul 202314 Nov 2023133 Days
1 Fieldings Yard, Richmond, North Yorkshire, DL10 4EY£155,000£150,000-£5,00018 Aug 202314 Nov 202388 Days
7 Lawrence Crescent, Richmond, North Yorkshire, DL10 5QE£219,950£203,500-£16,45019 Jul 202303 Nov 2023107 Days
18a, New Road, Richmond, North Yorkshire, DL10 4QS£260,000£242,000-£18,00003 Jul 202327 Oct 2023116 Days
30 Whitefields Drive, Richmond, North Yorkshire, DL10 7DL£250,000£242,000-£8,00020 Mar 202327 Oct 2023221 Days
21 Willow Crescent, Richmond, North Yorkshire, DL10 5AT£180,000£168,000-£12,00023 Mar 202317 Oct 2023208 Days
39 Gilling Road, Richmond, North Yorkshire, DL10 5AH£320,000£305,000-£15,00029 Jun 202306 Oct 202399 Days
24 Darlington Road, Richmond, North Yorkshire, DL10 7AW£250,000£225,000-£25,00023 May 202302 Oct 2023132 Days
23 Olliver Road, Richmond, North Yorkshire, DL10 5QA£295,000£287,000-£8,00004 May 202314 Sep 2023133 Days
14 Hurgill Road, Richmond, North Yorkshire, DL10 4BL£350,000£305,000-£45,00004 May 202304 Sep 2023123 Days
44 St Hilary Close, Richmond, North Yorkshire, DL10 4BH£199,500£185,535-£13,96514 Apr 202301 Sep 2023140 Days

Most Expensive Streets in Richmond

PostcodeStreetAreaAverageNo. of Sales
DL10 7BBMonument FieldsRichmond£663,3333
DL10 4BJHurgill RoadRichmond£608,6663
DL10 4AXQuakers LaneRichmond£514,3336
DL10 4FARichemont CloseRichmond£509,4279
DL10 5ANGilling RoadRichmond£474,0003
DL10 4GEHermitage CourtRichmond£465,8333
DL10 4USCastlefields CloseRichmond£464,9964
DL10 7ANFrenchgateRichmond£445,3333
DL10 7AGFrenchgateRichmond£438,20010
DL10 4DDWestfieldsRichmond£417,7504

Least Expensive Streets in Richmond

PostcodeStreetAreaAverageNo. of Sales
DL10 4YPThe GhyllRichmond£102,3577
DL10 4QZAllans CourtRichmond£110,0003
DL10 4QGMarket PlaceRichmond£120,0003
DL10 4HECoronation PlaceRichmond£121,0004
DL10 4PTAlexandra WayRichmond£132,35911
DL10 4PFCutpurse LaneRichmond£134,6663
DL10 4HGReeth RoadRichmond£134,9874
DL10 4DQGreyfriarsFlints Terrace£137,5003
DL10 4BQQuakers LaneRichmond£137,8754
DL10 4PUOlav RoadRichmond£140,2506

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