Most of the sales in Merton over the past year were terraced properties which on average sold for £742,700. Flats had an average sold price of £416,749 and semi-detached properties averaged at £980,410.
Merton, with an overall average price of £712,467 was more expensive than nearby Kingston upon Thames (£636,785), but was cheaper than Wandsworth (£807,440) and Richmond Upon Thames (£906,558). The most expensive area within Merton was Copse Hill (£1,454,523) and the cheapest was Tamworth (£427,027).
In the past year house prices in Merton were similar to the year before and 7% down on 2022 when they averaged at £762,722.
