Is City of London or Merton cheaper?

Merton has the lower median sale price: £633,750 against £745,000 over the last 12 months.

Which has more property sales, City of London or Merton?

Merton recorded more sales: 1,106 against 93 in the last 12 months.

Where are prices rising faster, City of London or Merton?

Over the last year the median price changed by -8.6% in City of London and -2.5% in Merton.

Where does this City of London vs Merton data come from?

From HM Land Registry: every registered sale in both areas, refreshed as new records are published. Belgrave Estates does not adjust or estimate these figures.

City of London vs Merton: Property Prices Compared (2026)

London Boroughs

City of London vs Merton: Property Prices Compared

Name: City of London vs Merton: Property Prices Compared
Creator: Belgrave Estates
License: https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/

Choosing between City of London and Merton? Here is how the two compare on every registered sale over the last 12 months, from HM Land Registry: prices, price per square foot, how busy each market is and where prices are heading.

The Short Answer

The typical home in Merton sold for £633,750, against £745,000 in City of London.
Merton is the more liquid market: 1,106 sales in 12 months against 93 in City of London, so buying and selling tends to be quicker.
Prices moved down 3% in Merton over the last year, compared with down 9% in City of London.

Side by Side

Measure	City of London	Merton
Median sale price	£745,000	£633,750
Sales in 12 months	93	1,106
Price change, 12 months	-8.6%	-2.5%

Prices by Property Type

Type	City of London	Merton
Flat	£742,500 (92)	£430,000 (548)
Terraced house	£980,000 (1)	£902,500 (376)

Median sale price, number of sales in brackets.

Which Area Suits You?

City of London suits

Buyers prioritising the more established, higher-value address

Merton suits

Buyers looking for more space for the budget
Investors who value liquidity and an easier resale
Buyers following recent price momentum

Figures combine these postcode districts, each assigned to the borough that covers most of it; district boundaries do not follow borough lines exactly.

Belgrave in London

Talk to our London team

FAQ