Most of the sales in Merton over the past year were terraced properties which on average sold for £472,583. Flats had an average sold price of £309,374 and semi-detached properties averaged at £752,077.
Merton, with an overall average price of £492,606 was more expensive than nearby Kingston upon Thames (£423,658), but was cheaper than Wandsworth (£626,278) and Richmond Upon Thames (£669,894). The most expensive area within Merton was Wimbledon Village (£1,277,185) and the cheapest was Mitcham (£243,319).
In the past year house prices in Merton were 7% up on the year before and 14% up on 2010 when they averaged at £433,350.