Key indicators for buyers
The CR4 market presents a mixed picture for buyers. Prices are rising at 17.6%, which may favour acting sooner rather than later. Affordability has improved from a peak of 16.2x in 2016 to 14.2x today.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Merton area
A home in Merton costs 14.2x the local median salary — very stretched, improving from a peak of 16.2x in 2016.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Merton area
Average monthly rent in Merton is £2,079, up 1.9% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Merton price of £503,080 with a 25% deposit (£126k), a 2-year fixed mortgage at 3.97% costs around £1,985 per month.
Monthly cost comparison based on current data
Uses CR4 avg. price with Merton rental data
Monthly mortgage payments (£1,985) are £94 less than renting (£2,079). However, buying requires an upfront deposit of £126k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
39, IMPERIAL GARDENS CR4 1ER | Flat/Maisonette | £290,000 | 23 Jan 2026 |
29, HOMEFIELD GARDENS CR4 3BZ | Terraced | £710,000 | 23 Jan 2026 |
108, EDGEHILL ROAD CR4 2HW | Terraced | £515,000 | 16 Jan 2026 |
6, ALBERT ROAD CR4 4AH | Terraced | £480,000 | 15 Jan 2026 |
24, TURNER AVENUE CR4 3JY | Terraced | £568,300 | 15 Jan 2026 |
30, RUSSELL ROAD CR4 3AP | Terraced | £435,000 | 12 Jan 2026 |
45, FRAMFIELD ROAD CR4 2AU | Terraced | £595,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in CR4 sold for £503,080 in 2026, with a median of £497,500 across 10 transactions. Prices rose 17.6% compared to the previous year.
| 12 Jan 2026 |
156, WESTERN ROAD CR4 3EB | Flat/Maisonette | £350,000 | 8 Jan 2026 |
102, CAITHNESS ROAD CR4 2EW | Terraced | £695,000 | 6 Jan 2026 |
18, KENNEDY CLOSE CR4 2AR | Terraced | £392,500 | 6 Jan 2026 |
35, KINGSMEAD AVENUE CR4 1ES | Terraced | £455,000 | 22 Dec 2025 |
7, LINDEN PLACE CR4 4EY | Terraced | £400,000 | 19 Dec 2025 |
6, SOUTH LODGE AVENUE CR4 1LU | Flat/Maisonette | £245,000 | 19 Dec 2025 |
45, ST GEORGES ROAD CR4 1ED | Semi-detached | £325,000 | 19 Dec 2025 |
42, MOUNT ROAD CR4 3EY | Semi-detached | £650,000 | 18 Dec 2025 |
51, HEATON ROAD CR4 2BW | Terraced | £515,000 | 18 Dec 2025 |
8, ELMFIELD AVENUE CR4 2HL | Terraced | £462,000 | 16 Dec 2025 |
13, SUNNYMEAD AVENUE CR4 1EW | Terraced | £525,000 | 12 Dec 2025 |
FLAT 33, GREEN SIDE VIEWS, 38, MILL GREEN ROAD CR4 4FQ | Flat/Maisonette | £240,000 | 12 Dec 2025 |
45A, MITCHAM PARK CR4 4EP | Flat/Maisonette | £550,000 | 11 Dec 2025 |
The most recent recorded sale in CR4 was a flat/maisonette property on Imperial Gardens for £290,000 in January 2026. Across the last 20 sales, the median price was £480,000.