Most of the sales in Merton over the past year were terraced properties which on average sold for £544,128. Flats had an average sold price of £353,987 and semi-detached properties averaged at £864,952.
Merton, with an overall average price of £566,036 was more expensive than nearby Kingston upon Thames (£496,732), but was cheaper than Wandsworth (£670,758) and Richmond Upon Thames (£749,492). The most expensive area within Merton was Wimbledon Village (£1,782,908) and the cheapest was Tamworth (£280,957).
In the past year house prices in Merton were 14% up on the year before and 31% up on 2010 when they averaged at £433,350.