Most of the sales in Merton over the past year were terraced properties which on average sold for £589,321. Flats had an average sold price of £389,103 and semi-detached properties averaged at £1,022,789.
Merton, with an overall average price of £593,492 was more expensive than nearby Kingston upon Thames (£534,924), but was cheaper than Wandsworth (£730,239) and Richmond Upon Thames (£778,152). The most expensive area within Merton was Wimbledon Village (£1,551,599) and the cheapest was Mitcham (£325,971).
In the past year house prices in Merton were 6% up on the year before and 22% up on 2013 when they averaged at £485,220.