The average property value in Richmondshire is £275,506 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Richmondshire grew by £35,676. Compare house prices by area
Average property prices in Richmondshire grew by 14.9% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 1.3% per year.
If prices in Richmondshire continue to rise by 1.3% a year, the average property price will be £290,597 in 2025.
There were 723 property sales in Richmondshire in the year ending June 2021, an increase of 155 when compared to the previous year.
The average price for a house in Richmondshire ranges from £220,543 for a terraced house to £364,846 for a detached house, with semi-detached in between costing on average £229,653.
The average price for a flat or maisonette in Richmondshire is £156,978.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Richmondshire, flat prices have risen the most between the years ending 2011 and 2021, and detached house prices have grown the least.
Detached house prices have risen 13.6% from £321,028 to £364,846, semi-detached house prices have risen 14.8% from £200,013 to £229,653, terraced house prices have risen 20.1% from £183,703 to £220,543, and flat prices have risen 25.3% from £125,289 to £156,978.
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The most common type of property sold in Richmondshire during the year ending June 2021 was detached houses, which accounted for 37.6% of properties.
The least commonly available type of property sold in Richmondshire were flats, which account for 3.2% of properties sold.
Of the properties sold in Richmondshire during 2021, 0.0% were new build properties.
The most common price band for property sales in Richmondshire is £200k - £300k, which accounted for 18.8% of properties sold in 2021.
0.1% of properties in Richmondshire had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Richmondshire were in the £50k - £100k price bracket, accounting for 2.1% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics