Most of the sales in Merton over the past year were terraced properties which on average sold for £456,436. Flats had an average sold price of £291,848 and semi-detached properties averaged at £782,357.
Merton, with an overall average price of £485,550 was more expensive than nearby Kingston upon Thames (£417,581), but was cheaper than Wandsworth (£592,341) and Richmond Upon Thames (£649,374). The most expensive area within Merton was Wimbledon Village (£1,330,948) and the cheapest was Tamworth (£229,570).
In the past year house prices in Merton were 9% up on the year before and 12% up on 2010 when they averaged at £433,350.