Most of the sales in Merton over the past year were terraced properties which on average sold for £553,236. Flats had an average sold price of £349,978 and semi-detached properties averaged at £926,149.
Merton, with an overall average price of £569,597 was more expensive than nearby Kingston upon Thames (£497,194), but was cheaper than Wandsworth (£673,054) and Richmond Upon Thames (£754,538). The most expensive area within Merton was Wimbledon Village (£1,759,770) and the cheapest was Tamworth (£289,848).
In the past year house prices in Merton were 10% up on the year before and 31% up on 2010 when they averaged at £433,604.