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Richmond Upon Thames House Price Update – November 2022

It’s time to report on the local Richmond Upon Thames house price update from Rightmove and Zoopla for the period of October 2022.

Rightmove have announced that properties in Richmond had an overall average price of £1,021,110 over the course of the last year.

  • Interestingly, the majority of sales in Richmond since November 2021 were flats, selling for an average price of £564,005.
  • Terraced properties sold for an average of £1,122,489.
  • Semi-detached properties fetching £1,562,670.

Overall, across the mark, sold prices in Richmond were up by 1% on the previous year and 14% up on the 2019 peak of £893,864 which we started reporting on back in January this year following the up’s and downs throughout the Pandemic period.

When compared to the UK average, Richmond is performing very well. The average asking price for a UK home increased again, and setting  yet another new record at £371,158. This represents a small increase on September, and slightly lower than the five-year average we usually see in October.

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For more information about SELLING or LETTING your property in Richmond, Twickenham, Sheen, Mortlake, and Putney, please get in touch with our multi award-winning sales and lettings team on 0208 940 2991.

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Moving to Richmond?

The Parkgate team can help you find the ideal property to buy or let. We all know Richmond and the surrounding areas really well and can speak from experience and provide a comprehensive overview of the benefits of living in this beautiful location.

Talk to a member of the team today and register with us: 020 8940 2991.