Most of the sales in Merton over the past year were flats which on average sold for £388,684. Terraced properties had an average sold price of £589,126 and semi-detached properties averaged at £903,987.
Merton, with an overall average price of £596,091 was more expensive than nearby Kingston upon Thames (£552,284), but was cheaper than Wandsworth (£806,865) and Richmond Upon Thames (£780,194). The most expensive area within Merton was Wimbledon Village (£2,060,734) and the cheapest was Mitcham (£351,893).
In the past year house prices in Merton were similar to the year before and 11% up on 2014 when they averaged at £538,403.