For 2016 details - Richmond Upon Thames Property Market 2016

Story Highlights

• Richmond Upon Thames had total Property Sales of £2.76 billions in 2015
• The total number of properties sold in year 2015 was 3437
• The Average property price was £804 K while Median was was  £573 K
• Not New Property contributed 97.5% and New Property 2.5% by sales value

Total Sales By Property Type

Richmond Upon Thames is one of the Boroughs of West London. It had total Property Sales of £2.76 billions which was 17.85% of West London Property Market 2015.

The split across the different property types are:

• Terraced £917 millions (33.2%)
• Semi-Detached £593 millions (21.45%)
• Other £222 millions (8.02%)
• Flat/Maisonette £675 millions (24.43%)
• Detached £356 millions (12.9%).

Total Number Of Sales By Property Types

In Richmond Upon Thames the total number of properties sold in year 2015 was 3437. The breakdown by different property types are:

• Terraced 1098 (31.95%)
• Semi-Detached 580 (16.88%)
• Other 67 (1.95%)
• Flat/Maisonette 1474 (42.89%)
• Detached 218 (6.34%).

Average & Median Sales Price 

In 2015 the Average property price was £804 K in Richmond Upon Thames. The average property price for the different property types are:

• Detached £1.63 million
• Flat/Maisonette £458 K
• Other £3.3 millions
• Semi-Detached £1.02 million
• Terraced £835 K.

The Median property price was £573 K. The median property price for the different property types are:

• Detached £1.24 million
• Flat/Maisonette £405 K
• Other £510 K
• Semi-Detached £780 K
• Terraced £720 K.

New Vs Not New Property Statistics

By Value Of Sales

• Not New Property Contributed £2.69 billion (97.5%)
• New Property 69 millions (2.5%) giving combined total of £2.76 billions.

 By Number Of Sales

• The number of Not New Property sold was 3307 (96.22%)
• whereas the number of New Properties sold was 130 (3.78%) giving combined total of 3437.

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