City bonus postcodes - No.14: Richmond TN13

With an idyllic river location, sophisticated Richmond town strikes the perfect balance between town and country life

Property in RichmondA proper town in its own right rather than a suburb of London, Richmond is the perfect place for buyers who want to get away from the Capital but don’t want to move to the country.

Matthew Abernethy of Saviils says: “I would say about 50-65% of our clients are working in financial services – they’re lawyers, hedge-fund managers, bankers, accountants.

“They generally come here to buy a family home, and what they’re buying is the lifestyle: the green spaces, the great schools, the sophisticated village atmosphere of Richmond – it’s a lovely place to live.

“There are several pockets that are popular – generally, they want to be within 10-15 minutes of the stations, so Richmond Hill is a big draw. Also across the river - East Twickenham and the Trust Grounds in St Margarets.

“On Richmond Hill a house will cost £1.25-6 million; in East Twickenham £900,000 to £3m; in the Trust Grounds, £1-3m. “We also get younger buyers in the popular Alberts area – this has smaller 3-bed cottages that go for around £500,000.”

What about the house prices?
Primelocation Index says: up by 10% over the past year.