Most of the sales in Merton over the past year were terraced properties which on average sold for £492,786. Flats had an average sold price of £316,229 and semi-detached properties averaged at £736,736.
Merton, with an overall average price of £495,451 was more expensive than nearby Kingston upon Thames (£435,067), but was cheaper than Wandsworth (£638,826) and Richmond Upon Thames (£683,659). The most expensive area within Merton was Wimbledon Village (£1,233,731) and the cheapest was Mitcham (£253,157).
In the past year house prices in Merton were 5% up on the year before and 14% up on 2010 when they averaged at £433,350.