Is City of London or Richmond upon Thames cheaper?

City of London has the lower median sale price: £745,000 against £1,010,000 over the last 12 months.

Which has more property sales, City of London or Richmond upon Thames?

Richmond upon Thames recorded more sales: 340 against 93 in the last 12 months.

Where are prices rising faster, City of London or Richmond upon Thames?

Over the last year the median price changed by -8.6% in City of London and +0.2% in Richmond upon Thames.

Where does this City of London vs Richmond upon Thames data come from?

From HM Land Registry: every registered sale in both areas, refreshed as new records are published. Belgrave Estates does not adjust or estimate these figures.

City of London vs Richmond upon Thames: Property Prices Compared (2026)

London Boroughs

City of London vs Richmond upon Thames: Property Prices Compared

Name: City of London vs Richmond upon Thames: Property Prices Compared
Creator: Belgrave Estates
License: https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/

Choosing between City of London and Richmond upon Thames? Here is how the two compare on every registered sale over the last 12 months, from HM Land Registry: prices, price per square foot, how busy each market is and where prices are heading.

The Short Answer

The typical home in City of London sold for £745,000, against £1,010,000 in Richmond upon Thames.
Richmond upon Thames is the more liquid market: 340 sales in 12 months against 93 in City of London, so buying and selling tends to be quicker.
Prices moved up 0% in Richmond upon Thames over the last year, compared with down 9% in City of London.

Side by Side

Measure	City of London	Richmond upon Thames
Median sale price	£745,000	£1,010,000
Sales in 12 months	93	340
Price change, 12 months	-8.6%	+0.2%

Prices by Property Type

Type	City of London	Richmond upon Thames
Flat	£742,500 (92)	£543,750 (116)
Terraced house	£980,000 (1)	£1,250,000 (150)

Median sale price, number of sales in brackets.

Which Area Suits You?

City of London suits

Buyers looking for more space for the budget

Richmond upon Thames suits

Buyers prioritising the more established, higher-value address
Investors who value liquidity and an easier resale
Buyers following recent price momentum

Figures combine these postcode districts, each assigned to the borough that covers most of it; district boundaries do not follow borough lines exactly.

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