Most of the sales in Merton over the past year were terraced properties which on average sold for £529,226. Flats had an average sold price of £345,255 and semi-detached properties averaged at £824,230.
Merton, with an overall average price of £548,502 was more expensive than nearby Kingston upon Thames (£479,746), but was cheaper than Wandsworth (£677,935) and Richmond Upon Thames (£744,291). The most expensive area within Merton was Wimbledon Village (£1,609,293) and the cheapest was Tamworth (£274,018).
In the past year house prices in Merton were 14% up on the year before and 27% up on 2010 when they averaged at £433,350.