Parkgate Estate Agents - November House Price Update 2022

Industry insights

Richmond Upon Thames House Price Update – November 2022

It’s time to report on the local Richmond Upon Thames house price update from Rightmove and Zoopla for the period of October 2022.

Rightmove have announced that properties in Richmond had an overall average price of £1,021,110 over the course of the last year.

  • Interestingly, the majority of sales in Richmond since November 2021 were flats, selling for an average price of £564,005.
  • Terraced properties sold for an average of £1,122,489.
  • Semi-detached properties fetching £1,562,670.

Overall, across the mark, sold prices in Richmond were up by 1% on the previous year and 14% up on the 2019 peak of £893,864 which we started reporting on back in January this year following the up’s and downs throughout the Pandemic period.

When compared to the UK average, Richmond is performing very well. The average asking price for a UK home increased again, and setting  yet another new record at £371,158. This represents a small increase on September, and slightly lower than the five-year average we usually see in October.

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! *****
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