Most of the sales in Merton over the past year were terraced properties which on average sold for £482,927. Flats had an average sold price of £310,586 and semi-detached properties averaged at £762,902.
Merton, with an overall average price of £486,615 was more expensive than nearby Kingston upon Thames (£424,210), but was cheaper than Wandsworth (£632,165) and Richmond Upon Thames (£677,471). The most expensive area within Merton was Wimbledon Village (£1,110,969) and the cheapest was Mitcham (£246,035).
In the past year house prices in Merton were 4% up on the year before and 12% up on 2010 when they averaged at £433,350.