Most of the sales in Merton over the past year were terraced properties which on average sold for £501,155. Flats had an average sold price of £322,830 and semi-detached properties averaged at £744,030.
Merton, with an overall average price of £504,575 was more expensive than nearby Kingston upon Thames (£444,724), but was cheaper than Wandsworth (£650,292) and Richmond Upon Thames (£698,316). The most expensive area within Merton was Wimbledon Village (£1,286,656) and the cheapest was Mitcham (£256,102).
In the past year house prices in Merton were 4% up on the year before and 16% up on 2010 when they averaged at £433,350.