Twickenham & Teddington Property Market Holds Steady as Autumn Bounce is Muted

Part of the reason behind this is a decade-high number of homes now for sale, a national story but a trend that we are also seeing mirrored here in Twickenham, where there are currently 554 properties listed for sale on Rightmove. Listing numbers are in fact up year on year – and new buyer registrations too, according to the October Rightmove Index report. 

However, those new listings are up by 5%, whereas buyer levels have increased by 2% by comparison. It means buyers have plenty of choice, and in turn – creating more a situation where supply outstrips demand – sellers are having to stay realistic when it comes to price setting.

For all that, the tone of this month’s report is calm rather than gloomy. Year-on-year national asking prices are almost flat (–0.1%), and the number of agreed sales since January is actually up 5% compared with 2024. In short: the market’s ticking along, and at a sensible pace.

Twickenham and Teddington: quietly consistent

Here in Twickenham and Teddington, the picture is a little cloudier than the national one gives us, and which the Rightmove Index focusses on. In fact, asking prices across Twickenham dipped slightly, by around 0.5% in October, and currently sit at £739,910; this is around 6% lower than a year ago, according to Rightmove’s data.

Of course, property values here depend type and area. Family homes in Teddington remain particularly sought after, whilst areas like The Counties Area are seeing steady demand, especially from first-time buyers and second-steppers locally, thanks to their relative affordability.

Transaction levels themselves are also holding firm – but it isn’t easy work. We certainly have no shortage of buyers making enquiries, and our own sales numbers are good – but transactions are taking their time. The recently released ‘Voice of The Agent’ report (part 4) puts the average time a property remains on the market, from first listing to the transaction going through, at 196 days – including 119 days for the conveyancing process now, once a sale is agreed. That is well over six months.

That seems lengthy to us, and tardier than our own performance at Bartlett and Partners, but nevertheless it perhaps spells out wider market problems – and, although most of our sales are progressing quicker than this, we aren’t immune to problems that crop up in chains; solicitors somewhere down the line requiring a deed of variation to continue, indemnity policies being sought, or simply general worries that mean stakeholders in the transaction needing to be talked down from doing something that all might come to regret. This latter issue is not least because that distant Budget date of November 26 is now starting to seem almost within reach: ‘Should we hold off to see what comes up in the Budget?’ – ‘well, if you want to, it’s your choice, but your chain won’t wait…’. 

This is a conversation we and other agents are having frequently.

A level-headed Twickenham property market is a market we can work with

It’s not the kind of market that gets headlines – but boring and steady can also mean ‘healthy’. Buyers aren’t rushing, but there are plenty out there and an agent can do things to sift these potential buyers carefully, separate wheat from chaff in many ways, and identify those that are truly serious, with reasons to commit to moving. 

Sellers are becoming far more realistic, and when a home is priced right from the start, it sells. The properties that move the quickest are those that launch well. We launch all of our properties with a professionally produced marketing videos, on social media channels first, and that creates a buzz. Couple that with great photography and descriptions when the advertising launches a week or so later, perfect presentation on viewings (not just for photos), and a sensible asking price, and the results follow. It might take a viewing or two extra, and negotiations can be a little more sticky at the moment – but nevertheless, it is steady as she goes right now, and that’s no bad thing.

There are question marks hovering over what might come from the budget, and in particular whether reform to stamp duty will benefit buyers – and that, on top of concerns over the general cost of living, has given some pause for thought. Generally speaking, hesitation over this particular concern has been a feature more often seen in the upper and prime markets – certainly once at the million-pound mark and above – and that is an anecdote we are hearing from estate agents across the country. 

Of course, here in TW1 and surrounding postcodes, this is the market and a price point that we operate in, and much of London and the South East has felt the effects of this. However, as I mentioned earlier, prices locally have fallen by 6% over 12 months locally; across London, that figure is 10%; prices have dipped here, but relatively speaking, they have held up better than in other boroughs. 

That the London Borough of Richmond Upon Thames has just been voted London’s number 1 borough to live in by The Telegraph, with lowest crime rates and top schooling, is no doubt playing its part in holding up prices here, more so than elsewhere in London. In the same way, when it comes to the time that the market does turn a corner and pick up again – which we expect to see in the New Year or Spring – it will also be the reason that our local market bounces back quicker and faster. 

It’s impossible to deny – Twickenham and Teddington are desirable, sought-after locations, and the market acts accordingly.

What does this mean for local Twickenham homeowners?

If you’re thinking of selling, it’s important to know that the market is moving, but that conditions are more stubborn than previous recent years. Of course, that means that competition from other properties will be greater. I can’t understate the importance of having clarity and confidence in your marketing. The best results still come from homes that are presented well, staged and photographed professionally (and, I truly would argue, videoed!), and importantly are priced thoughtfully and competitively.

With more properties available on the market, buyers have options – but that doesn’t mean that they won’t act decisively when something stands out. 

Getting the right advice, focusing on cleanliness, tidiness and presentation, and launching with a refined strategy rather than a ‘throw it at the wall and see what sticks’ approach can make all the difference in this sort of market, especially if it is important to secure the right offer before winter itself rolls in.

What does it mean for anyone buying a property in Twickenham? 

For buyers, this sort of market stability might be a gift. Prices aren’t crashing by any means – they are stabilising, at the moment, having raced ahead of the market for a period previously; it is no surprise to see something of a reset.

Mortgages are still more affordable than a year ago, but average mortgage rates have inched upwards this month, for the first time since February. This might be a reason to speak to a mortgage adviser now and perhaps secure a rate, in case they rise further. You can always switch to a lower rate product if prices come down before any purchase is made – and after seeing inflation hold at 3.8% this week, for the third month running, in spite of all the predictions of 4% that we have heard since August, there is now perhaps more suggestion that we might see another base rate cut this year after all.

One other advantage of this market is the choice available – for one thing, because that is having the effect of keeping a lid on prices, but secondly because it means there is simply more choice out there; it is easier to find the right fit at times like this, without the frenzy that we have witnessed in other recent years that might have been classed as a ‘seller’s market’.

If you’re a house-hunter that has been waiting for the ‘right moment’, this might be it. Sellers are open to fair negotiation, and the playing field feels more balanced than it has in a long time. Who knows, perhaps things could change – but, they could equally change in a way that sees property prices rise. It’s always a risk, so our advice is to move when the property and timing is right for you – not when the ‘best deal’ is to be found. 

Those who wait for the ‘best time’ or the ‘best price’ might easily wait forever!

FAQs about the Twickenham property market this autumn

1. Is now a good time to sell a house in Twickenham?
Yes. The market is steady, not slow, which means well-presented homes priced sensibly are still achieving strong offers. With plenty of buyers active and more listings creating competition, good marketing really matters.

2. What are average house prices in Twickenham right now?
According to Rightmove’s latest data, the average asking price is a little under £740,000, but it depends on property type and area. Family homes in Teddington and three bedroom semi detached homes in the Counties area remain sought after.

3. How long is it taking to sell a home in Twickenham?
Across the UK, the average time from listing to completion is around 196 days, including about 119 days for conveyancing. At Bartlett and Partners, our own figures show properties transacting faster, but we are not immune to finding hold-ups in chains.

A final word

Twickenham’s property market is, broadly speaking, in line with the national picture in terms of sentiment – sluggish, but still active - , however, it is clear that prices locally have dipped, whereas around the UK, in some parts, they have started to rise again. That said, by comparison to the general London market, prices have fallen less dramatically, by 6% drops rather than 10% on average. It isn’t as dramatic as it might seem, given that prices here rose further and faster than other parts for a period of months in the not too distant past, and that makes this something of an unsurprising recalibration, rather than a crash of any sort. In many ways that is exactly why it’s still functioning and why the wheels have not come off – sellers here, whilst seeing average prices drop, still have much equity in their homes, and this allows sales to still happen and onward purchases to still take place. 

It’s not about timing the market. It’s about understanding it; and that’s where we come in. We have seen this sort of market before, and that experience really matters, when it comes to finding a sensible pair of hands to operate the tiller.

If you have any questions about the current market and what it means for your house price or your potential move, then please contact us – we are always happy to give people not just time, but more crucially still, the benefit of our experience.