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Asking rent £2,516/month · Gross yield 4.8% · 12 months, listings to Sep 2026
Merton: asking rent £2,516/month (12 months to Sep 2026, 4,094 lets).
£2,516/month 12 months to Sep 2026
4,094 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 4,094 lets.
4.8% 12 months to Sep 2026
7,588 lets
+3.7% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 7,588 lets.
Sample is the dated lettings behind the latest month's rent cell.
1,665 on 4 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 4 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
Asking rent in Merton runs from £1,645/month for 1 bedroom to £7,042/month for 5+ bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £1,645/month | 12 months to Sep 2026 | +2.3% on the previous 12 months | 2103 |
| 2 bedrooms | £2,180/month | 12 months to Sep 2026 | +5.5% on the previous 12 months | 2675 |
| 3 bedrooms | £2,727/month | 12 months to Sep 2026 | +2.1% on the previous 12 months | 1222 |
| 4 bedrooms | £3,434/month | 12 months to Sep 2026 | -0.5% on the previous 12 months | 800 |
| 5+ bedrooms | £7,042/month | 12 months to Sep 2026 | +12.2% on the previous 12 months | 315 |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Corporate landlords hold 60% of the 3,358 units in Merton whose freeholder is classified; 97% of all units are not yet classified.
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Merton ranks 13th of 33 local authorities in London for asking rent, at £2,516/month.
Merton ranks 13th of 33 local authorities in London for asking rent, at £2,516/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | Kensington and Chelsea | £4,441/month | 12 months to Sep 2026 · from monthly figures | 9,090 | measured |
| 2 | City of Westminster | £4,373/month | 12 months to Sep 2026 · from monthly figures | 14,151 | measured |
| 3 | Camden | £3,490/month | 12 months to Sep 2026 · from monthly figures | 5,331 | measured |
| 4 | Wandsworth | £3,084/month | 12 months to Sep 2026 · from monthly figures | 13,856 | measured |
| 5 | City and County of the City of London | £2,969/month | 12 months to Sep 2026 · from monthly figures | 557 | measured |
| 13 | Merton | £2,516/month | 12 months to Sep 2026 · from monthly figures | 4,094 | measured |
Merton ranks 17th of 33 local authorities in London for gross yield, asking basis, at 4.8%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | Newham | 6.4% | 12 months to Sep 2026 · from monthly figures | 15,597 | measured |
| 2 | Tower Hamlets | 6.2% | 12 months to Sep 2026 · from monthly figures | 37,223 | measured |
| 3 | Southwark | 6.1% | 12 months to Sep 2026 · from monthly figures | 23,272 | measured |
| 4 | Barking and Dagenham | 5.8% | 12 months to Sep 2026 · from monthly figures | 6,229 | measured |
| 5 | Wandsworth | 5.8% | 12 months to Sep 2026 · from monthly figures | 33,768 | measured |
| 17 | Merton | 4.8% | 12 months to Sep 2026 · from monthly figures | 7,588 | measured |
Full table: gross yield, asking basis across local authorities in London
SW20 leads the 4 postcode districts within Merton for asking rent, at £2,737/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | SW20 | £2,737/month | 12 months to Sep 2026 · from monthly figures | 992 | measured |
| 2 | SW19 | £2,733/month | 12 months to Sep 2026 · from monthly figures | 2,449 | measured |
| 3 | SM4 | £1,999/month | 12 months to Sep 2026 · from monthly figures | 280 | measured |
| 4 | CR4 | £1,786/month | 12 months to Sep 2026 · from monthly figures | 649 | measured |
CR4 leads the 4 postcode districts within Merton for gross yield, asking basis, at 5.0%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | CR4 | 5.0% | 12 months to Sep 2026 · from monthly figures | 1,243 | measured |
| 2 | SW19 | 4.7% | 12 months to Sep 2026 · from monthly figures | 4,179 | measured |
| 3 | SM4 | 4.5% | 12 months to Sep 2026 · from monthly figures | 484 | measured |
| 4 | SW20 | 3.6% | 12 months to Sep 2026 · from monthly figures | 1,682 | measured |
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 4,094 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 7,588 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 4 Nov 2026 | 4 Nov 2026 | — |