Richmond rental market report
A data-led look at the Richmond rental market — rents, yields, demand and the trends shaping Greater London.
Richmond at a glance
The Richmond rental market in Greater London is active and competitive, with average rents around £1,955 pcm and rents up roughly 7.7% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across TW9, TW10.
Average rent
£1,955 pcm
Average price
£638,000
Gross yield
4.7%
Rent growth (1yr)
+7.7%
Tenant demand
Very high
Avg. void period
22 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £800 | £9,600 |
| 1-bed flat | £1,523 | £18,276 |
| 2-bed flat | £1,904 | £22,848 |
| 3-bed house | £2,437 | £29,244 |
| 4-bed house | £3,142 | £37,704 |
Demand insights
Tenant demand in Richmond is currently very high. Well-presented, compliant homes typically let within 22 days, and verified tenants on DR Rent are matched to suitable Richmond properties as soon as they list.
Market trends
- Rents in Richmond are up around 7.7% year on year.
- Average property prices have changed by about 1.7% over 12 months.
- Very high demand is keeping average void periods near 22 days.
- Compliance standards under the Renters' Rights Act are reshaping the Greater London market.
Related guides
Stay ahead of the Richmond market
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