Most of the sales in Merton over the past year were terraced properties which on average sold for £509,897. Flats had an average sold price of £328,762 and semi-detached properties averaged at £765,359.
Merton, with an overall average price of £515,592 was more expensive than nearby Kingston upon Thames (£455,835), but was cheaper than Wandsworth (£655,702) and Richmond Upon Thames (£705,415). The most expensive area within Merton was Wimbledon Village (£1,392,425) and the cheapest was Mitcham (£265,236).
In the past year house prices in Merton were 6% up on the year before and 19% up on 2010 when they averaged at £433,350.