Average price
£623,791
August 2026
12 months
+0.1%
August 2025 to August 2026
Last month
+1.1%
July to August 2026
Sales registered
120
June 2026, the latest month published
England average
£293,525
August 2026
HM Land Registry's average price for Merton was £623,791 in August 2026, broadly unchanged on the year. That is about 113% above the England average of £292,694 over June to August 2026, the three months it covers. 120 sales in Merton have been registered so far for June 2026, the most recent month HM Land Registry have published a count for.
HM Land Registry's average price for Merton from the UK House Price Index, broken down by property type, buyer status, funding status and property status.
Price trend
Over the 12 months to August 2026, the average price in Merton ended the period broadly where it started, peaking at £624,073 in September 2025.
Peak £624,073 in September 2025.
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By property type
Detached homes are the most expensive in Merton at £2,362,655, 477% above flat or maisonette at £409,754. Flat or maisonette is the only type where prices fell over the year, down 2.2%.
| Property type | Average price | Annual change |
|---|---|---|
| £2,362,655 | +7.2% | |
| £964,681 | +2.1% | |
| £696,630 | +1.1% | |
| £409,754 | −2.2% |
Month by month
| Month | Average price | Monthly change | Annual change | Sales |
|---|---|---|---|---|
| £623,791 | +1.1% | Broadly flat | – | |
| £617,075 | +0.9% | −0.7% | – | |
| £611,749 | +1.4% | Broadly flat | 120 | |
| £603,009 | −0.8% | Broadly flat | 121 | |
| £607,910 | −1.3% | −0.9% | 149 | |
| £615,716 | +0.7% | Broadly flat | 120 | |
| £611,134 | −0.7% | −2.6% | 138 | |
| £615,255 | +0.7% | Broadly flat | 161 | |
| £610,926 | −1.2% | −0.6% | 141 | |
| £618,117 | +0.5% | +1.8% | 190 | |
| £614,826 | −1.5% | −0.7% | 222 | |
| £624,073 | +0.2% | Broadly flat | 204 | |
| £623,099 | +0.2% | Broadly flat | 226 |
By buyer status
The average price for first-time buyers in Merton was £274,726 below that for former owner-occupiers, a gap of 53%.
| Buyer | Average price | Annual change |
|---|---|---|
| £515,923 | −0.6% | |
| £790,649 | +1.2% |
By funding status
The average price for cash buyers in Merton was 9% above that for mortgage buyers. Cash accounted for 13% of the cash and mortgage sales registered so far for June 2026.
| Paid with | Average price | Annual change | Sales |
|---|---|---|---|
| £670,954 | +0.7% | 8 | |
| £615,346 | Broadly flat | 52 |
By property status
The average price for new builds in Merton was 23% below that for existing homes.
| Property status | Average price | Annual change |
|---|---|---|
| £476,029 | Broadly flat | |
| £615,809 | Broadly flat |
Track Merton prices against your own property
Index a property's last sold price forward to today using this area's own HPI series.
Areas within and around Merton
Part of England house prices.
Local authorities with similar prices
For a local authority the index is a three-month average (June to August 2026), and the annual change compares it with June to August 2025. The average price is the index's standardised average, a mix-adjusted geometric mean, not the mean or median of sales, so it will not match a list of sold prices. HM Land Registry revise the most recent twelve months as more sales are registered, so recent figures are provisional.