Key indicators for buyers
The SW20 market is moderately favourable for buyers. Prices have softened (-29.7%), which could present a buying opportunity. 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 £607,750 with a 25% deposit (£152k), a 2-year fixed mortgage at 3.97% costs around £2,398 per month.
Monthly cost comparison based on current data
Uses SW20 avg. price with Merton rental data
Monthly mortgage payments (£2,398) are £319 more than renting (£2,079). However, buying requires an upfront deposit of £152k — it would take around 11 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
35, VERNON AVENUE SW20 8BN | Semi-detached | £795,000 | 16 Jan 2026 |
366B, KINGSTON ROAD, WIMBLEDON SW20 8LN | Flat/Maisonette | £360,000 | 16 Jan 2026 |
20, DUPONT ROAD SW20 8EQ | Terraced | £820,000 | 16 Jan 2026 |
67, LAMBTON ROAD, RAYNES PARK SW20 0LW | Terraced | £942,000 | 16 Jan 2026 |
15, ROTHERWOOD CLOSE SW20 8RX | Terraced | £325,000 | 13 Jan 2026 |
FLAT 71, BUSHEY COURT, BUSHEY ROAD, RAYNES PARK SW20 0JG | Flat/Maisonette | £340,000 | 9 Jan 2026 |
23, KENWYN ROAD SW20 8TR |
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 SW20 sold for £607,750 in 2026, with a median of £577,500 across 8 transactions. Prices fell 29.7% compared to the previous year.
| Terraced |
| £1,000,000 |
| 9 Jan 2026 |
FLAT 33, SPENCER COURT, SPENCER ROAD SW20 0QW | Flat/Maisonette | £280,000 | 8 Jan 2026 |
84, ST CATHERINE'S CLOSE, RAYNES PARK SW20 9NL | Flat/Maisonette | £290,000 | 19 Dec 2025 |
2A, ELM WALK SW20 9ED | Other | £940,000 | 19 Dec 2025 |
57, SANDRINGHAM AVENUE SW20 8JY | Terraced | £887,500 | 18 Dec 2025 |
336, CANNON HILL LANE SW20 9HL | Flat/Maisonette | £407,500 | 17 Dec 2025 |
103, WESTWAY SW20 9LT | Terraced | £719,340 | 17 Dec 2025 |
80, BUCKLEIGH AVENUE SW20 9JZ | Terraced | £510,000 | 15 Dec 2025 |
5, WOODLANDS SW20 9JF | Semi-detached | £840,000 | 15 Dec 2025 |
FLAT 2, 98, COTTENHAM PARK ROAD SW20 0SZ | Flat/Maisonette | £509,000 | 15 Dec 2025 |
38, AYLWARD ROAD SW20 9AF | Terraced | £950,000 | 12 Dec 2025 |
FLAT 111, LANGHAM COURT, WYKE ROAD SW20 8RR | Flat/Maisonette | £205,000 | 12 Dec 2025 |
48A, ABOYNE DRIVE SW20 0AL | Flat/Maisonette | £430,000 | 11 Dec 2025 |
GROUND FLOOR FLAT, 71, STANTON ROAD SW20 8RW | Flat/Maisonette | £650,000 | 9 Dec 2025 |
The most recent recorded sale in SW20 was a semi-detached property on Vernon Avenue for £795,000 in January 2026. Across the last 20 sales, the median price was £650,000.