Most of the sales in Merton over the past year were terraced properties which on average sold for £751,672. Flats had an average sold price of £415,890 and semi-detached properties averaged at £982,201.
Merton, with an overall average price of £729,707 was more expensive than nearby Kingston upon Thames (£640,065), but was cheaper than Wandsworth (£815,797) and Richmond Upon Thames (£904,331). The most expensive area within Merton was Copse Hill (£1,428,673) and the cheapest was Mitcham (£421,190).
In the past year house prices in Merton were similar to the year before and 4% down on 2022 when they averaged at £763,000.
