Market outlook for SW19
Key indicators for buyers
The SW19 market is moderately favourable for buyers. Prices have softened (-19.6%), which could present a buying opportunity. Affordability has improved from a peak of 16.2x in 2016 to 14.2x today.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
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.
Rental trends
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.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Merton price of £753,601 with a 25% deposit (£188k), a 2-year fixed mortgage at 3.97% costs around £2,974 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses SW19 avg. price with Merton rental data
Monthly mortgage payments (£2,974) are £895 more than renting (£2,079). However, buying requires an upfront deposit of £188k — it would take around 18 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT A, 32, DUNDONALD ROAD SW19 3QN | Flat/Maisonette | £440,000 | 26 Jan 2026 |
FLAT 35, KATHLEEN GODFREE COURT, 80, QUEENS ROAD SW19 8LB | Flat/Maisonette | £410,000 | 21 Jan 2026 |
FLAT 6, JUNIPER HOUSE, 2, EDGE HILL SW19 4LP | Flat/Maisonette | £645,000 | 16 Jan 2026 |
32, PINE GROVE SW19 7HE | Terraced | £1,300,000 | 16 Jan 2026 |
6, CHURCH LANE SW19 3PD | Semi-detached | £2,150,000 | 16 Jan 2026 |
39A, CLARENDON ROAD SW19 2DX | Flat/Maisonette | £675,000 | 16 Jan 2026 |
32, BEAUMONT ROAD SW19 6RG |
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.