Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £275,000, £553,416 for a 2 bedroom house, £688,555 for a 3 bedroom house, £1,017,668 for a 4 bedroom house and £949,995 for a 5 bedroom house. For a flat similarly the prices varies from £331,812 for a single bedroom to £406,982 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £464,978 and £692,500 for a 4 bedroom flat. To sum up the asking prices for properties in Merton it comes to around average £329,979 for 1 bedroom property, £448,820 for 2 bedroom, £653,253 for 3 bedroom, £990,571 for 4 bedroom and £949,995 for a 5 bedroom property.
Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £668 for 1 bedroom to £1,771 for 2 bedrooms, £2,436 for 3 bedrooms, £3,233 for 4 bedrooms and £4,155 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,327. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,699, £1,772 for 3 bedroom and £2,472 for 4 bedroom. You should be generally be expecting around average £1,266 rent per month for single bedroom property, £1,713 for 2 bedroom, £2,227 for 3 bedroom, £3,160 for 4 bedroom and approximately £4,155 for a 5 bedroom property in Merton area.