15, Old Palace Lane
15, Old Palace Lane
Description & Estimates
15, Old Palace Lane, Richmond appears in the public record as a freehold house sitting on a 122 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 977 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 15, Old Palace Lane, Richmond is £1,566,091 and its rental estimate is £5,829 per month, given the available information and assuming reasonable condition.
Old Palace Lane, Richmond, TW9 falls within the TW9 postal district, in the borough of Richmond upon Thames.
Our Data Sources
15, Old Palace Lane, Richmond has a single entry in the Land Registry from September 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 15, Old Palace Lane, Richmond, we estimate a market value of £1,644,395 and a rental value of £6,120 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,456,464 and £5,421 per month respectively.
Recent Market Change
Over the last year, 15, Old Palace Lane, Richmond has seen its estimated sale value decrease by £16,811 (1.1%) and its estimated rental value grow by £321 per month (5.5%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 15, Old Palace Lane, Richmond as measuring 122 m2.
That makes it the 14th largest plot in the postcode, where 22 of the 23 other houses have recorded plot data.
Sold Prices
The most recent sale of 15, Old Palace Lane, Richmond completed on 1st September 2008 at £750,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 4.6% over the period since September 2008.
- Sold Sep 2008£750,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Old Palace Lane, Richmond have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2024, was 21, Park Lane, Richmond, TW9 2RA, a leasehold house which sold for £620,000.
Read more about house prices in TW9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 45 addresses on Old Palace Lane, Richmond, TW9, 15, Old Palace Lane, Richmond comes out as the 24th largest and the 23rd most expensive in our analysis of the public data.
It is also £871k more expensive than the average property across the TW9 district.
More reading links
Schools Nearby
- 600mDeer Park School
- 1.1kmSt Stephen's C E Primary School
- 1.1kmWorple Primary School
- 1.5kmOrleans Park School
- 1.6kmChrist's Church of England Comprehensive Secondary School
- 1.6kmGumley House RC Convent School, FCJ
More reading links
Public Transport Nearby
From 15, Old Palace Lane, Richmond, the nearest station is St Margarets (London), 900 metres away.
- 600mRichmond
- 700mRichmond (London)
- 1.0kmSt Margarets (London)
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
