Average Rent, House Prices and Buy-to-Let Yield in Richmond upon Thames (July 2026)
The average private rent in Richmond upon Thames is £2,318 a month (ONS, July 2026) and the average house price £818,949 (HM Land Registry, June 2026): a gross yield of 3.4%, ranked 304 of 316 local authorities.
Rent in Richmond upon Thames
The average private rent across all property types is £2,318 a month (+4.0% on a year earlier). The regional median in London is £1,962.
| Property | Per month | Per year |
|---|---|---|
| 1 bedroom | £1,722 | £20,664 a year |
| 2 bedrooms | £2,208 | £26,496 a year |
| 3 bedrooms | £2,666 | £31,992 a year |
| 4+ bedrooms | £3,882 | £46,584 a year |
The bedroom ladder in Richmond upon Thames: one to two bedrooms adds 28.2% to the rent, two to three adds 20.7% and three to four-plus adds 45.6% (England-and-Wales medians 27.3%, 20.9% and 40.9%). The biggest step here is three to four or more bedrooms — the size where an extra room earns most, and the first place to look when comparing a conversion against its cost.
House prices in Richmond upon Thames
The average price paid is £818,949 (-0.3% on a year earlier).
| Type | Average price |
|---|---|
| Detached | £1,818,630 |
| Semi-detached | £1,206,674 |
| Terraced | £932,320 |
| Flat | £500,329 |
Rents are outrunning prices in Richmond upon Thames. Rents moved +4% over the year against −0.3% for prices — a gap of 4.3 points that lifts the gross yield a buyer sees today. Richmond upon Thames ranks 152nd of 316 local authorities for rent growth and 260th of 316 for price growth; the England-and-Wales medians are +3.8% and +2.8%.
Gross yield by property type in Richmond upon Thames
| Type | Rent / month | Average price | Gross yield | E&W median |
|---|---|---|---|---|
| Flat | £2,208 | £500,329 | 5.3% | 7.5% |
| Terraced house | £2,666 | £932,320 | 3.4% | 5.7% |
| Semi-detached | £2,666 | £1,206,674 | 2.7% | 4.6% |
| Detached | £3,882 | £1,818,630 | 2.6% | 4.1% |
On these pairings the strongest gross yield in Richmond upon Thames is on flats at 5.3%, against an England-and-Wales median of 7.5% for that type; the weakest is detached. Gross figures ignore service charges, which usually make flats the thinnest net yield of the four.
What that means for a landlord
- Gross yield 3.4% (rent × 12 ÷ price) — rank 304 of 316 local authorities; the regional median is 4.5%. Net yield is lower once mortgage interest, insurance, maintenance and voids come off.
- Tenant affordability: referencing at 30× means a household income of about £69,540 a year for the average rent.
- EPC before 2030: 41% of EPCs lodged in Richmond upon Thames over the last year were below band C — the level a rented home needs by 1 October 2030 — with 34% at D (EPC ratings in Richmond upon Thames).
- Council tax: Band D in Richmond upon Thames is £2,486 for 2026/27, and the council charges a 100% second-home premium (council tax in Richmond upon Thames).
Lender maths on the averages. At a 5.5% stress rate and 145% rent cover — the common buy-to-let convention — the average rent of £2,318 supports a loan of about £348,790, which is 42.6% of the average price. That falls short of 75% loan-to-value, so a buyer of an average home here needs a larger deposit or a stronger rent to pass the stress test. Both numbers are conventions rather than rules — change them in the stress test.
Run the numbers for Richmond upon Thames
- Yield calculator with £818,949 and £2,318 already filled in
- Mortgage stress test at 75% LTV on the average price
- Rent affordability: the income a tenant needs to reference at £2,318 a month
- Rental income tax on £27,816 a year of rent
Nearest neighbours by yield, in London
| Area | Rent | Price | Yield | Rent 12m |
|---|---|---|---|---|
| Camden | £2,800 | £833,067 | 4% | +0.5% |
| Hillingdon | £1,565 | £474,665 | 4% | +2.1% |
| Bromley | £1,681 | £518,235 | 3.9% | +2.6% |
| Barnet | £1,945 | £603,753 | 3.9% | +3.6% |
| Kingston upon Thames | £1,807 | £594,498 | 3.6% | −1.2% |
| Kensington and Chelsea | £3,629 | £1,250,149 | 3.5% | +0.8% |
All 316 areas ranked · council tax in Richmond upon Thames · EPC ratings in Richmond upon Thames.
Rents: ONS, Price Index of Private Rents (average monthly private rent by local authority, July 2026). Prices: HM Land Registry UK House Price Index (average price, June 2026). Gross yield = rent × 12 ÷ price, our calculation. Contains public sector information licensed under the Open Government Licence v3.0; contains HM Land Registry data © Crown copyright and database right 2026. Rankings and medians are ours, across 316 local authorities.
Asked about this area
£2,318 a month across all property types (ONS Price Index of Private Rents, July 2026), up 4.0% on a year earlier.
£818,949 (HM Land Registry UK House Price Index, June 2026).
About 3.4% gross on the averages — £2,318 rent against a £818,949 price — ranking 304 of 316 local authorities. Net yield depends on your mortgage and costs.
Flats on our pairing: 5.3% gross (£2,208 rent on a £500,329 price), against an England-and-Wales median of 7.5% for that type.
Rents +4% against prices −0.3% over the year — rents ahead, so yield is rising for a buyer today.
Referencing at 30 times the monthly rent points to roughly £69,540 a year of household income for the average home; the affordability calculator shows 24× and 36× too.