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Richmond upon Thames Area Guide

Explore London Borough by Borough 2025 Contact Us

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The Location

The Royal Borough of Richmond upon Thames is one of London’s most expensive areas, with house prices sitting significantly above the London average. If you are looking for a picturesque riverside retreat with a village-like feel – Richmond offers it. This Zone 4 borough offers a world away from London whilst providing ample opportunity to maintain a chic cosmopolitan lifestyle. The wider Richmond area is a cluster of small, separate communities – all of which are affluent in local sports clubs, independent shops, charming cafes and modern restaurants.

Housing Market

Average house price

£765k

Average growth per year

3.9%

London average house price

£549k

London average house price growth per year

4.5%

Source: Office for National Statistics
Note: The average house price as of December 2024.

Average monthly rent

£2,141

Average growth per year

2.1%

London average rent

£2,227

London average rental growth per year

3.1%

Source: Office for National Statistics
Note: The average local authority rental price as of January 2025.

household-delivery

Housing delivery

-771

Ten-year housing target

4,110

Three-year housing target

1,233

Total net additions since 2021

462

Source: CBRE Research, London Plan 2021, Ministry of Housing, Communities and Local Government
Note: Based on how many homes have been built to date relative to the borough's target in the London Plan.

Demographics

population-growth

Projected population growth

2%

London average

3%

Source: Experian
Note: The projected ten-year population growth.

household-growth

Projected household growth

7%

London average

6%

Source: Experian
Note: The projected ten-year growth of the number of households.

private-renters

Proportion of private renters

25%

London average

20%

Source: Experian
Note: The proportion of private rented households per local authority.

Lifestyle & Sustainability

Proportion of outstanding schools

38%

London average

29%

Source: Ofsted
Note: The proportion of total schools rated ‘Outstanding’ in each borough.

Green space

62%

London average

45%

Source: Greater London Authority (GLA)
Note: The proportion of green space by borough.

Sustainable homes

42%

London average

53%

Source: CBRE Research, Ministry of Housing, Communities, and Local Government (MHCLG)
Note: The proportion of homes that are rated EPC C or above.

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Living in Richmond upon Thames

The famous Richmond Park – the largest of Richmond’s 128 parks – offers an incredible 2,360 acres of open space, woodland and nature reserves and comes complete with resident roaming deer. And the generous number of highly regarded schools, for children of all ages, creates further appeal for families moving into the borough. Day-trippers and locals can enjoy beautiful riverside strolls while enjoying the picture-perfect Georgian and Victorian houses of Richmond, all while regarding the boats floating quietly on the river. Here too you will also find countless riverside pubs and bars to enjoy relaxing in on a sunny Sunday afternoon.

Adaptive Spaces

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London's cityscape from above, with the River Thames winding through the heart of the city.

London Borough by Borough 2025

Welcome to our London Borough by Borough report, providing an in-depth analysis of every London borough's performance across key housing market indicators.

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Living in London Area Guides

Explore the different areas in London and what they have to offer you, our guides will help you decide which locations are best suited to your needs.

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Explore Area Guides by Borough

Barking and Dagenham
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Kingston upon Thames
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Richmond upon Thames
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