A complete guide to property investment in Richmond.
Last updated: 18 September 2025
Richmond offers a steady investment environment, with a property market that has seen capital values change by 5.7% over the past year and an annualised growth of 5.9% over three years. The area is dominated by older residents, with the population aged 60 and over in the 94th percentile compared to other areas in Britain, which shapes both demand and tenant profiles. Owner-occupation rates are high, placing Richmond in the 73rd percentile, while the private rental sector sits closer to the national average. The median price per square foot is £255 per sq ft, and affordability is relatively balanced, given a price-to-income ratio of 5.0 and a rent-to-income ratio of 19.0%.
Median price per sq ft
£255 / sq ft
Average rental yield
3.6%
Capital growth (1y)
5.7%
Sales in past year
135
* Property stats calculated for last full calendar year (2024).
Live prices in Richmond, Yorkshire and The Humber
* Extreme prices clipped for legibility
Median price
£299,998
25% of properties below...
£229,962
75% of properties below...
£480,000
Most expensive property
£2,000,000
Live listings
102
Median days on market
103
Over the next 12 months, Richmond is likely to remain a market characterised by stability rather than rapid change. The high proportion of older residents and owner-occupiers suggests that turnover will stay relatively low, but this can support price resilience in uncertain times.
Given the current median asking prices for both houses and flats (£294,975 and £205,000), affordability remains reasonable for buyers with local incomes. Investors should expect steady, rather than spectacular, returns. Demand from tenants may be subdued, especially among younger renters, but the market's recent capital growth and overall stability provide reassurance for those seeking lower-risk, long-term exposure.
Average yield (%)
* 2025 data for YTD
Median price per sq ft (£/sq ft)
* 2025 data for YTD
Investment properties in Richmond, Yorkshire and The Humber
£349,950
4 bedroom semi-detached house for sale
Pilmoor Close, Richmond
£375,000 - Guide Price
5 bedroom semi-detached house for sale
White Friars Gardens, Richmond
£310,000 - Guide Price
3 bedroom semi-detached house for sale
Percival Cottage, 32A Gilling Road,...
Buyers have some negotiation leverage, but not much.
• Median discount: £4,950
• 1 in 4 properties sell at > £13,712 below asking
• 1 in 10 properties sell at > £21,500 below asking
In percentage terms:
• Median discount of 1.6%
• 25% of properties discounted by > 4.2%
• 10% of properties discounted by > 6.7%
Top postcodes for rental yield and (annualised) capital growth
GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:
HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.
Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.
Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.
GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.
Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.
HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.
Data is updated continuously, matched across sources and rigorously validated.