Richmond upon Thames House Prices, London
Richmond upon Thames is a borough, located in London.
Richmond upon Thames House Prices
As of June, 2024, the average house prices in Richmond upon Thames are as follows:
- studio – £250,000 (-2.32%)
- 1 bedroom flat – £379,950 (-2.82%)
- 2 bedroom flat – £599,950 (-0.81%)
- 3 bedroom flat – £849,950 (-2.36%)
- 4 bedroom flat – £1,295,000 (-2.33%)
- 5 bedroom flat – £2,100,000 (0.61%)
Keep in mind that these are simply the average rates for Richmond upon Thames house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Richmond upon Thames, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Richmond upon Thames house price is £750,000, high by 2.74% as of £730,000 in May, 2024.
- Currently, there are 3,811 houses for sale and an average of 96 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Richmond upon Thames house prices.
Richmond upon Thames House Prices Growth
The average house price in Richmond upon Thames over the last 5 years is as follows:
- 2019-06 – £685,045
- 2020-06 – £697,324 (1.79%)
- 2021-06 – £733,440 (5.18%)
- 2022-06 – £774,383 (5.58%)
- 2023-06 – £780,016 (0.73%)
- 2024-06 – £775,785 (-0.54%)
Sold house prices in Richmond upon Thames remained unchanged from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 13%. Thus, if the trend continues, purchasing real estate in Richmond upon Thames in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Richmond upon Thames house prices, it’s also wise to keep an eye on house rent prices in Richmond upon Thames. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Richmond upon Thames.
Read more about Richmond upon Thames areas: Barnes, East Sheen, Hampton, Hampton Hill, Hampton Wick, Kew, Mortlake, Petersham, Richmond, Teddington, Twickenham, Whitton.