If you could hop into a time machine and go back five years, the TW11 property scene would have felt like a chaotic game of musical chairs. Back then, if a house went on the market in the morning, there would be a queue of people down the street by lunchtime, all clutching their chequebooks. Today, as we enjoy the early May sunshine, the rhythm of the neighbourhood has shifted into something much calmer and more considered.
Imagine you’re hosting a big garden party. A few years ago, you’d have fifty people trying to squeeze through your front door at once. Right now, it’s more like a steady stream of guests arriving one by one, taking their time to admire the flowers before deciding where to sit. In the property world, this reflects a significant increase in housing supply.
Understanding the Selection: 14.3 to 1
To understand the current market, we look at the ratio between available stock levels and the volume of monthly transactions. In TW11, we currently have a ratio of 14.3 months of supply.
To put that in perspective, in a market where sellers have the upper hand, that number is usually under 6—meaning there are far fewer properties for sale relative to the number of buyers. With a supply of over 14 months of homes currently available, the ball is firmly in the buyer's court. If you are looking for a new home, you aren't in a frantic race; you have an abundance of choice.
By the Numbers: What’s Happening on our Streets?
From the leafy reaches of Munster Road over to the bustling heart of Church Road, there are currently 289 properties looking for new owners across the TW11 postcode. That is a significant amount of choice for anyone looking to move into the area!
Every month, we are seeing about 21 homes find their "match" and move toward a sale. When you compare those 21 sales to the 289 homes available, it means about 7% of the total stock is finding a buyer each month. This highlights the level of competition for sellers in the current climate.
The Price Gap: A Surprising Fact
Here is a little secret that might surprise you: there is a bit of a gap between what people hope to get and what people are actually paying. The average price people are asking for in TW11 is around £788,455. However, when we look at the final handshakes over the last year, the average price people actually paid was £690,465.
Does this mean homes aren't achieving high prices? Not at all! We’ve seen some incredible homes change hands recently, like a stunning spot on Twickenham Road for over £2.6 million and a beautiful home on Udney Park Road for £2.3 million. It just means that because there is so much choice for buyers, they are being very picky and negotiating hard.
What This Means For You
If you are thinking of selling: You need to be the "best house on the block" to stand out. Because there are 289 other options for buyers to look at, your home needs to look its absolute best and be priced very sensibly to beat the competition. The right buyer is out there—they just have a lot of other front doors to knock on first!
If you are thinking of buying: This is your time to shine. You have the luxury of choice. You can visit a house twice, think about where your sofa will go, and perhaps even offer a little less than the asking price to see if the seller is keen to move. You are the one driving the car right now.
If you are staying put: Your home in TW11 is still a prized asset in a beautiful part of the world. While the market activity is more measured than the frantic pace of the past, the high value of recent sales on places like King Edwards Grove shows that our neighbourhood remains a very desirable place to live.
Whether you're in Teddington, Strawberry Hill, or the edges of Hampton Wick, the TW11 market is currently a place of choice and opportunity.