Teddington, Twickenham or Richmond – where to invest?

A landlord who lives in St Margarets got talking to me about the different towns within the borough of Richmond and which made the best investment. After some research, it made interesting reading!

Out of Richmond, Twickenham and Teddington, in terms of how well the property market has performed, Teddington beats both Richmond and Twickenham hands down.  The average property value in Teddington has risen in the last 5 years by £155,712, taking an average property from £488,870 to £644,582. Now, as property values in Twickenham are, as one would expect, lower, over the same last 5 years period, average values have risen from £465,000 to £585,154. However, look deeper and it’s the percentages that are the real difference though. Average values in Teddington have risen by 31.9% but in Twickenham, its only 25.8% and Richmond prices have risen by 26.6% in the last 5 years.

So is Teddington best to invest in? Not necessarily! Investing in property is also about the yields / annual yield a landlord can earn each year as well. Interestingly, Richmond landlords have the highest average yields of 4.8% per year, with Twickenham having an average yield of 4.14% per year and finally Teddington landlords having a pretty low average yield of 3.72% per year. Hmmmm…!

Rebecca Smith