Parkgate Estate Agents in Richmond

Industry insights

Richmond house price update – April 2022

With spring 2022 well and truly here, the usual upswing in the market in Richmond and London is underway. Demand continues to be high in this local area and with several buyers chasing every available property, it really is the right time to make that move.

In January we reported on a very busy last half of 2021, with pent up demand following the lockdowns and issues created by the pandemic coming to a head, especially in London and the south.

Here is our spring property market update (April 2022) with an outline of the local and national market trends.

Richmond property prices are on the rise again

In January we reported that during the last twelve months the average price of a home sold in Richmond-upon-Thames had risen by 3.4% according to the latest data from Zoopla for January 2022. The latest property price update from Rightmove for April 2022 reports a healthy rise for Richmond property to an average of £922,614 and a monthly increase of 1.9% which is 5.5% for the year so far.

Rightmove’s report also states that properties are selling faster than ever, twice as quickly as in the more normal market of 2019. The price jump during the last three months of over £19,000 is the largest seen in any three-month period since records began.

Interestingly, Rightmove also state that 53% of properties are selling at or over the full asking price, again the highest level ever seen.

The high buyer demand for limited available stock for sale suggests sustained price falls are unlikely in the foreseeable future. Rightmove also report that the number of transactions nationally remains steady, with sales agreed 21% higher than the more normal 2019 market.

With this early Rightmove spring 2022 report showing continuing positive property price growth, now is a good time to talk to us about selling your home.

Search our current properties to buy or let in the area.

What makes Richmond so special?

Richmond has many draws. For a start it’s a picturesque riverside town located in south-west London with amazing transport links and is a firm favourite among commuters thanks to its many and varied selection of independent shops, cafés, and restaurants. Living here, you get a real sense of the tranquillity Richmond has despite being a short distance from the centre of London.

This sense of calm is created by Richmond’s proximity to the river, the abundance of gorgeous walks and the expanse of Richmond Park, the largest of the royal parks and famous for its red deer and reputation as a place of national and international importance for wildlife conservation.

Get on the market with Parkgate

For more information about SELLING or LETTING your property in Richmond, Twickenham, Sheen, Mortlake, and Putney, please get in touch with our multi award-winning sales and lettings team on 0208 940 2991.

Get an instant online property valuation

Selling or letting soon? Find out how much your property could be worth to buy or rent in the current marketplace by using our free and instant online valuation.

Moving to Richmond?

The Parkgate team can help you find the ideal property to buy or let. We all know Richmond and the surrounding areas really well and can speak from experience and provide a comprehensive overview of the benefits of living in this beautiful location.

Talk to a member of the team today and register with us: 020 8940 2991.

Emre OvacıkEmre Ovacık
08:38 01 Sep 23
Very responsive, informative and always kind people. We didn't have much time, but they helped us with creating some time in their agenda and squeezing us in. We rented our place just in time, thanks to them.
Branka ObradovicBranka Obradovic
12:21 22 Feb 23
Parkgate has been my agent of choice for a number of years now and has secured good tenants for my properties. They are hard working, respond in a timely manner and best of all are always friendly rather than aggressive or overbearing, which is the case with many of their competitors.
Jorge RodriguezJorge Rodriguez
15:01 02 Feb 23
Excellent service throughout.We rented a property that they manage for 4 years.Parkgate team is very professional and approachable. Way better than dealing with a big agency, they offer a more personal approach, always available and willing to solve any issues.From the tenancy agreement to handing the property back, it has been a real pleasure working with them.
Catherine BrownCatherine Brown
12:16 30 Aug 22
I have had an eight year relationship with Parkgate, in fact they originally sold my flat to me 12 years ago in Putney. Their service and professionalism is unrivalled. They managed the leasing of my flat from 2014 and assisted me to negotiate the successful sale just now in 2022. Chris has been there throughout with an open door and no request too trivial to assist. Klaudia negotiated my sale and worked with amazing tenacity throughout. I would not hesitate to recommend Parkgate to anyone in the Putney/Richmond area, they know their stuff.
Ali ChampkinsAli Champkins
10:16 31 Jan 22
We have had a wonderful experience with Parkgate and would highly recommend them. Chris was brilliant on the valuation - what we liked is he was totally honest about our chances of selling and gave us the positives and negatives about our property (such as facing a council estate!). Other agents tend to just gush over the good bits which is great, but actually not that helpful.The selling process was great - we were given good feedback from the viewings and got the price we wanted within about 8 weeks.We really have nothing but praise for Klaudia and Chris, it's been really enjoyable, easy and stress free and we will be recommending Parkgate to all our friends in the area and our building.***** Thank you! *****