Most of the sales in Merton over the past year were terraced properties which on average sold for £444,718. Flats had an average sold price of £282,641 and semi-detached properties averaged at £765,524.
Merton, with an overall average price of £487,336 was more expensive than nearby Kingston upon Thames (£411,857), but was cheaper than Wandsworth (£581,020) and Richmond Upon Thames (£649,169). The most expensive area within Merton was Wimbledon Village (£1,504,603) and the cheapest was Tamworth (£220,002).
In the past year house prices in Merton were 16% up on the year before and 12% up on 2010 when they averaged at £433,350.