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House Prices in TW9 House Prices in TW9 (Richmond)

The average house price in TW9 (Richmond) is £1,116,210 using HM Land Registry data.

The average property price increased by £187,089 (38.45%) over the last 5 years and increased by £37,486 (5.35%) over the last 12 months.

Over the last year, there were 233 residential property sales – a decrease of 91 transactions (-39.06%) relative to the previous year. The majority of house sales (74) were in the £380,000 - £682,000 range. Then came properties in the £682,000 - £984,000 range, where 39 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 88 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-55,725 (-4%).

In Oct 24, there were 68 new estate agency instructions, 32 agreed home sales and 41 property price reductions.

Nearby Postcodes: KT1, KT12, KT13, KT16, KT2, KT8, SL3, SL4, SW13, SW14, SW15, TW1, TW10, TW11, TW12, TW13, TW14, TW15, TW16, TW17, TW18, TW19, TW2, TW20, TW3, TW4, TW5, TW6, TW7, TW8, UB2, W12, W13, W3, W4, W5, W6, W7

5-Year Average Property Prices in TW9 (Richmond)

38.45%

Property prices in Richmond increased by 38.45% 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 TW9 (Richmond) Over the Last Year

5.35%

Property prices in Richmond increased by 5.35% 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 TW9 (Richmond) - Oct 24

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 TW9 (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 TW9 (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 TW9 (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 TW9 (Richmond) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TW9 postcode area since 1995.

Recent Sales in TW9 (Richmond)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Spring Mews, Richmond, Greater London, TW9 2PY£750,000£697,500-£52,50018 Apr 202414 Aug 2024118 Days
5 Ashley Road, Richmond, Greater London, TW9 2TG£875,000£850,000-£25,00023 May 202408 Aug 202477 Days
36a, Rosedale Road, Richmond, Greater London, TW9 2SX£699,950£675,000-£24,95016 Apr 202407 Aug 2024113 Days
23 Gloucester Road, Richmond, Greater London, TW9 3BS£1,095,000£1,075,000-£20,00023 Oct 202326 Jul 2024277 Days
20a, High Park Road, Richmond, Greater London, TW9 4BH£745,000£740,000-£5,00011 Oct 202328 Jun 2024261 Days
35 Alexandra Road, Richmond, Greater London, TW9 2BT£995,000£995,000£0029 Nov 202328 Jun 2024212 Days
58 Marksbury Avenue, Richmond, Greater London, TW9 4JF£1,495,000£1,410,000-£85,00006 Oct 202307 Jun 2024245 Days
6a, Thompson Avenue, Richmond, Greater London, TW9 4JW£775,000£700,000-£75,00025 Jul 202307 Jun 2024318 Days
8 Clarence Street, Richmond, Greater London, TW9 2SA£400,000£387,000-£13,00005 Jul 202331 May 2024331 Days
12 Rosedale Road, Richmond, Greater London, TW9 2SX£859,000£840,000-£19,00026 Jan 202431 May 2024126 Days
13b, Kew Gardens Road, Richmond, Greater London, TW9 3HG£650,000£637,000-£13,00016 Nov 202317 May 2024183 Days
44 St Marys Grove, Richmond, Greater London, TW9 1UY£1,075,000£1,075,000£0022 Jan 202419 Apr 202488 Days
2a, Bardolph Road, Richmond, Greater London, TW9 2AE£625,000£585,000-£40,00018 Jan 201104 Apr 20244825 Days
11 Leyborne Park, Richmond, Greater London, TW9 3HB£2,675,000£2,650,000-£25,00017 Jul 202328 Mar 2024255 Days
59 Bushwood Road, Richmond, Greater London, TW9 3BG£1,595,000£1,550,000-£45,00015 Nov 202328 Mar 2024134 Days
13 Alexandra Road, Richmond, Greater London, TW9 2BT£1,065,000£1,045,000-£20,00009 Oct 202311 Mar 2024154 Days
17 Blake Mews, Richmond, Greater London, TW9 3GA£845,000£840,000-£5,00024 Jul 202308 Mar 2024228 Days
37 Bushwood Road, Richmond, Greater London, TW9 3BG£1,425,000£1,400,000-£25,00011 Aug 202301 Mar 2024203 Days
48 Windsor Road, Richmond, Greater London, TW9 2EL£1,150,000£1,090,000-£60,00020 Oct 202301 Mar 2024133 Days
65 Kew Green, Richmond, Greater London, TW9 3AH£3,500,000£3,200,000-£300,00019 Jan 202428 Feb 202440 Days

Most Expensive Streets in TW9 (Richmond)

PostcodeStreetAreaAverageNo. of Sales
TW9 3EEKew RoadRichmond£2,803,0005
TW9 3NSLawn CrescentRichmond£2,575,0003
TW9 3JEMortlake RoadRichmond£2,378,3333
TW9 4BLHigh Park RoadRichmond£2,344,2504
TW9 2ALThe AvenueRichmond£2,159,1586
TW9 3BHKew GreenRichmond£2,123,3333
TW9 3HBLeyborne ParkRichmond£2,093,0005
TW9 3NRLawn CrescentRichmond£2,020,8503
TW9 3DFPriory RoadRichmond£1,993,3333
TW9 4JEMarksbury AvenueRichmond£1,993,3333

Least Expensive Streets in TW9 (Richmond)

PostcodeStreetAreaAverageNo. of Sales
TW9 4NHParison CloseRichmond£231,9163
TW9 2PQKew RoadRichmond£273,6005
TW9 2JXSovereign Court, Victoria VillasRichmond£291,6663
TW9 4NGLower Richmond RoadRichmond£292,7979
TW9 4BGMelliss AvenueRichmond£317,72711
TW9 1XWAdelaide RoadRichmond£330,4826
TW9 1AYLichfield Court, Sheen RoadRichmond£353,19213
TW9 4NRGarden RoadRichmond£369,09915
TW9 4HBQuiet Way, North RoadRichmond£371,6503
TW9 1YUPeldon Court, Sheen RoadRichmond£386,8577

Explore TW9 (Richmond) using map

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