Merton Area Guide

The South West London borough of Merton offers an escape from the city bustle and, with its peaceful open spaces and family-friendly housing, is much like the Home Counties but with faster connections to central London.

The South West London borough of Merton offers an escape from the city bustle and, with its peaceful open spaces and family-friendly housing, is much like the Home Counties but with faster connections to central London. Merton is surrounded by the London boroughs of Kingston, Sutton, Croydon, Lambeth and Wandsworth. Merton enjoys easy access to the A3, linking London to the Southeast England.

Property market

£577k Average house price
£1,500 Average Rent, 2 Bed
4% Average yield
14% Price growth over last 5 years
16% Price growth 5-years forecast
7% Rental growth over last 5 years
12% Rental growth 5-years forecast

Lifestyle

9 Number of ‘Outstanding’ primary schools
5 Number of ‘Outstanding’ secondary schools
245 Restaurants and cafes
745 Number of shops
36% Proportion of open space
25 Number of stations
2 PTAL (Public Transport Accessibility Level)

Encompassing areas as diverse in size and personality as Bushy Mead and Wimbledon, Merton can proudly boast that it is home to the All-England Lawn Tennis Club, which hosts the world-famous Wimbledon Championships and brings a flux of visitors and energy to the area every summer. Wimbledon also enjoys a lively entertainment scene with busy pubs, trendy bars and high-class restaurants. For those looking for peace and tranquillity Mitcham offers a peaceful, residential feel. Merton is known for its excellent schools and Wimbledon Common, at the northwest of the borough, offers 460 hectares of green space, making this borough a firm favourite for families.

 

Insights

 

  • House prices are 12% higher than the London average
  • Average rent for a 2-bed flat is 16% lower than the London average
  • House price growth over the last 5 years was 14%, higher than London at 10%. However, over the next 5 years, house price growth is expected to be 16%, lower than London at 19%
  • Average asking rents grew 7% over the last 5 years, lower than London at 14%
  • Over the next 5 years average rents are predicted to grow by 12%, lower than London at 14%
  • 63% of the borough's secondary schools are rated as outstanding by Ofsted, significantly higher than the London figure of 36%

The founder of Liberty store, Arthur Liberty, started his business by hand-printing fabric here.

Merton is home to one of the most famous sporting events of the year – Wimbledon Tennis Championship. Once the influx of visitors has gone it is a fantastic place to live. For a day entertaining the kids you can’t beat Morden Hall Park – a national trust property that is full of history and some of the most beautiful gardens in South London.

London boroughs

Use the map below to find out what the other boroughs in London have to offer:

View the full map

Disclaimers

*Please note the forecasts in this report are historic and not reflective of current market conditions

  • Average 2-bed yield is calculated by REalyse using median 2-bed asking rent and median 2-bed sales prices.  
  • Rental growth over the last five years is for all property (not 2-beds).
  • All data is the latest available as of January 2022.
  • PTAL – Transport for London's (TFL) Public Transport Accessibility Levels (PTALs) are a detailed and accurate measure of the accessibility of a point to the public transport network, taking into account walk access time and service availability. Each area is graded between 0 and 6b, where a score of 0 is very poor access to public transport, and 6b is excellent access to public transport.

 

Sources

 

  • Average Price – ONS, October 2021
  • Asking rent – Realyse, December 2021
  • Yield – Realyse, December 2021
  • House price and rental forecasts – CBRE Research - Read our five-year forecast 
  • Outstanding primary and secondary schools – OFSTED (December 2021)
  • Number of cafes and restaurants – ONS (2020)
  • Number of shops – ONS (2021)
  • Open space – GiGL (2015)
  • Number of stations – TfL (2015)
  • PTAL – TfL (2015)