Most of the sales in Merton over the past year were terraced properties which on average sold for £466,038. Flats had an average sold price of £298,190 and semi-detached properties averaged at £784,036.
Merton, with an overall average price of £491,290 was more expensive than nearby Kingston upon Thames (£420,500), but was cheaper than Wandsworth (£600,550) and Richmond Upon Thames (£657,060). The most expensive area within Merton was Wimbledon Village (£1,343,433) and the cheapest was Mitcham (£234,402).
In the past year house prices in Merton were 9% up on the year before and 13% up on 2010 when they averaged at £433,350.