Property market report • Autumn 2026

Richmond upon Thames Property Market Report 2026

The Richmond upon Thames housing market remains one of London's most valuable, but the headline figures hide a more nuanced picture. Borough-wide prices were broadly stable over the year to July 2026, while rents continued to rise and performance varied significantly by property type.

This Dwelling & Manor report brings together the latest official Office for National Statistics and HM Land Registry data with practical local context for homeowners and landlords across Richmond, Hampton, Teddington and Twickenham.

Last updated 4 October 2026Latest house-price data: July 2026Latest rental data: August 2026
At a glance

Richmond upon Thames Market Snapshot

The latest official figures show a premium market that has held up better than London overall on house prices, alongside continuing rental growth.

Average house price£803,249

July 2026 provisional average.

Annual house-price change-0.8%

Versus July 2025 revised data.

Average private rent£2,333 pcm

August 2026 borough average.

Annual rent change+4.4%

Up from £2,235 pcm in August 2025.

Dwelling & Manor view

What the Latest Data Actually Means

A borough average of £803,249 does not mean every part of Richmond upon Thames is moving in the same direction. The latest figures show clear divergence between property types, while the rental market is still experiencing year-on-year growth.

For sellers and landlords, that makes property-specific pricing, presentation and launch strategy particularly important. A generic borough trend is useful context, but it cannot replace street-level evidence and an understanding of the competing stock available at the same time.

Richmond held up better than London overall

Richmond upon Thames prices changed by -0.8% over the year to July 2026, while the London average fell by 3.3%.

Family houses and flats are behaving differently

Detached prices rose 2.4% year-on-year, while flats and maisonettes fell 3.1%, pointing to a more segmented market.

Rental pressure remains positive

Average private rents rose 4.4% in the borough over the year to August 2026, faster than the 3.5% increase across London.

Richmond remains one of London's premium boroughs

The ONS reported Richmond upon Thames as the fourth most expensive London borough by average house price in July 2026.

Sales market

Average House Prices by Property Type

The borough's housing stock spans apartments, period terraces, substantial family houses and high-value detached property. The latest averages show just how wide that range is.

Detached
£1.815m
Semi-detached
£1.192m
Terraced
£916k
Flat / maisonette
£487k
Detached annual change+2.4%
Flat / maisonette annual change-3.1%
Property-type prices and annual changes are provisional ONS / UK House Price Index figures for July 2026.
Rental market

Average Private Rents by Bedroom Count

Borough-wide rents continued to rise in 2026. Larger homes command a substantial premium, while one- and two-bedroom properties remain an important part of the Richmond upon Thames rental market.

1 bedroom£1,732 pcm

Average private rent, August 2026.

2 bedrooms£2,222 pcm

Average private rent, August 2026.

3 bedrooms£2,684 pcm

Average private rent, August 2026.

4+ bedrooms£3,907 pcm

Average private rent, August 2026.

ONS Price Index of Private Rents. The borough-wide average private rent was £2,333 pcm in August 2026, up 4.4% year-on-year.
Buyer profile

What Different Buyers Are Paying

Buyer type also changes the picture. The latest averages illustrate the significant price gap between first-time buyers and established home movers in the borough.

First-time buyers£636k

July 2026 provisional average.

Home movers£965k

July 2026 provisional average.

Mortgage buyers£809k

July 2026 provisional average.

Cash buyers£788k

July 2026 provisional average.

Local market guides

Richmond, Hampton, Teddington & Twickenham

Borough-wide statistics are useful context, but the property market behaves differently from one neighbourhood to another. Explore our dedicated local pages for more specific sales, lettings and valuation information.

Methodology & sources

How to Read This Report

This page is designed to provide useful market context, not an automated valuation. Official statistics are necessarily broader than the street-by-street decisions involved in selling or letting an individual property.

House-price data

House-price figures come from the UK House Price Index produced by the Office for National Statistics and HM Land Registry. July 2026 data are provisional and may be revised.

ONS Richmond upon Thames housing data

Rental data

Rental figures come from the ONS Price Index of Private Rents and cover new and existing private tenancies. Latest borough data used here are for August 2026.

Office for National Statistics

Important: local housing statistics are based on smaller samples than national estimates and can be more volatile. The ONS recommends looking at trends over a year or longer rather than relying on a single month.

What Could Your Property Achieve in Today's Market?

Borough data is useful context, but an accurate valuation depends on the individual home, its street, condition, presentation and current buyer or tenant demand. Explore your local Dwelling & Manor area page for sales, lettings and valuation advice.

Explore Our Local Property Guides