Most of the sales in Merton over the past year were terraced properties which on average sold for £520,621. Flats had an average sold price of £336,691 and semi-detached properties averaged at £759,867.
Merton, with an overall average price of £527,144 was more expensive than nearby Kingston upon Thames (£463,283), but was cheaper than Wandsworth (£656,646) and Richmond Upon Thames (£719,447). The most expensive area within Merton was Wimbledon Village (£1,480,022) and the cheapest was Mitcham (£271,617).
In the past year house prices in Merton were 9% up on the year before and 22% up on 2010 when they averaged at £433,350.