Most of the sales in Merton over the past year were terraced properties which on average sold for £525,292. Flats had an average sold price of £341,377 and semi-detached properties averaged at £814,474.
Merton, with an overall average price of £541,893 was more expensive than nearby Kingston upon Thames (£472,698), but was cheaper than Wandsworth (£672,956) and Richmond Upon Thames (£731,889). The most expensive area within Merton was Wimbledon Village (£1,553,386) and the cheapest was Tamworth (£273,935).
In the past year house prices in Merton were 12% up on the year before and 25% up on 2010 when they averaged at £433,350.