Rent, price and yield by property type
| Type | Average rent | Average price | Gross yield |
|---|---|---|---|
| Flat | £2,045 | £487,215 | 5.0% |
| Terraced | £2,681 | £915,886 | 3.5% |
| Semi-detached | £3,036 | £1,192,249 | 3.1% |
| Detached | £3,957 | £1,814,548 | 2.6% |
In Richmond upon Thames, flats give the highest gross yield, at 5.0%. Gross yield is a year's rent divided by the price, before costs. Averages cover every home and tenancy, so a real purchase can differ: run the figures for a specific property in the rental yield calculator.
How Richmond upon Thames compares in London
Richmond upon Thames ranks 11 of 32 for average rent in London, and 32 of 32 for gross yield. The areas either side of it on rent:
| Area | Average rent | Rents, 1 yr | Gross yield |
|---|---|---|---|
| Southwark | £2,474 | +5.4% | 5.2% |
| Tower Hamlets | £2,453 | +3.5% | 6.6% |
| Richmond upon Thames | £2,333 | +4.4% | 3.5% |
| Haringey | £2,219 | +1.4% | 4.2% |
| Merton | £2,172 | +5.4% | 4.2% |
See average rents for every area with a page, or every council area in the yield finder.
Letting in Richmond upon Thames
- Is my rent too low? Compare your rent with the Richmond upon Thames average for your number of bedrooms.
- Do I need a landlord licence in Richmond upon Thames?
- When can I raise the rent? Rent rises now follow the Section 13 process, once a year.
- Landlord compliance checklist: every check a let needs.
Questions landlords ask
What is the average rent in Richmond upon Thames?
£2,333 a month across all private rented homes in August 2026, according to the ONS. That's +4.4% on a year earlier, and 0% above the London average of £2,332.
What is the average rent for a 2-bedroom home in Richmond upon Thames?
£2,222 a month in August 2026, against £2,232 across London. A 1-bedroom home averages £1,732 and a 3-bedroom home £2,684.
Is Richmond upon Thames good for buy-to-let?
The average gross yield in Richmond upon Thames is 3.5%, ranking 32 of 32 areas in London. Flats yield the most, at 5.0%. Yields are lower where prices are high, so check the numbers on a real property before you buy.
Sources
Figures are averages for all private rented homes, including existing tenancies, so rents for new lets are usually higher. Updated monthly.