Most of the sales in Merton over the past year were terraced properties which on average sold for £588,917. Flats had an average sold price of £397,487 and semi-detached properties averaged at £977,809.
Merton, with an overall average price of £593,709 was more expensive than nearby Kingston upon Thames (£539,811), but was cheaper than Wandsworth (£741,957) and Richmond Upon Thames (£782,126). The most expensive area within Merton was Wimbledon Village (£1,560,934) and the cheapest was Tamworth (£331,834).
In the past year house prices in Merton were 5% up on the year before and 22% up on 2013 when they averaged at £485,220.