Market outlook for SW20
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.
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 £607,750 with a 25% deposit (£152k), a 2-year fixed mortgage at 3.97% costs around £2,398 per month.
Rent vs buy snapshot
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.
Recent sales
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.