Average Price for property in Richmond upon Thames (London Borough) is around £826,532 which varies based on type of property you are interested in and ranges from £1,638,701 for detached house to around £1,051,809 for semi-detached. Similarly terraced house is around £812,369 and a flat is worth £493,179. Values have been changing and have risen £2,186 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,224 in last 6 months, £42,638 in last 1 year, £111,081 in last 2 years, £150,315 in last 3 years, £156,456 in last 4 years and £159,671 in last 5 years.
Currently average asking price of a property in Richmond upon Thames (London Borough) is around £875,847 based on approximately 2,594 properties for sale. Same is the case with rental options based on 991 properties up for rent, average asking rent is around £2,891 per month.
Estimated property value in Richmond upon Thames (London Borough) is £826,532. Average asking price is £875,847 while average price paid is £769,655 which is up by £42,638 and Avg. asking rent £2,891.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Richmond upon Thames (London Borough) area. In last 1 year alone average price buyer paid is around £769,655 based on approximately 2,594 sales in Richmond upon Thames (London Borough) area alone. If you compare it to last 3 years sales of 9,143 properties where buyers paid around £676,976. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £633,717 for 15,088 and average amount paid for purchase of approx. 2,594 properties sold in last 7 years comes to about £769,655 per sale.