Most of the sales in Merton over the past year were terraced properties which on average sold for £582,510. Flats had an average sold price of £380,711 and semi-detached properties averaged at £979,230.
Merton, with an overall average price of £587,975 was more expensive than nearby Kingston upon Thames (£531,233), but was cheaper than Wandsworth (£719,417) and Richmond Upon Thames (£781,116). The most expensive area within Merton was Wimbledon Village (£1,546,553) and the cheapest was Tamworth (£314,356).
In the past year house prices in Merton were 4% up on the year before and 21% up on 2013 when they averaged at £485,123.