Most of the sales in Merton over the past year were terraced properties which on average sold for £539,042. Flats had an average sold price of £350,972 and semi-detached properties averaged at £817,907.
Merton, with an overall average price of £554,827 was more expensive than nearby Kingston upon Thames (£481,317), but was cheaper than Wandsworth (£685,648) and Richmond Upon Thames (£755,082). The most expensive area within Merton was Wimbledon Village (£1,725,069) and the cheapest was Tamworth (£280,652).
In the past year house prices in Merton were 14% up on the year before and 28% up on 2010 when they averaged at £433,350.