Most of the sales in Merton over the past year were terraced properties which on average sold for £728,568. Flats had an average sold price of £431,902 and semi-detached properties averaged at £917,702.
Merton, with an overall average price of £721,214 was more expensive than nearby Kingston upon Thames (£640,285), but was cheaper than Wandsworth (£843,522) and Richmond Upon Thames (£882,060). The most expensive area within Merton was Copse Hill (£1,686,649) and the cheapest was Mitcham (£401,835).
In the past year house prices in Merton were 4% down on the year before and similar to 2021 when they averaged at £727,258.
