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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