# House prices in CO10 0 (Great Cornard)

This article reveals price per square metre data and various charts to help you understand current housing market in Great Cornard (CO10 0).

## Defining 'CO10 0'

This analysis is limited to properties whose postcode starts with "CO10 0", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Great Cornard.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

## Price per square metre

Knowing the average house price in Great Cornard is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 23, Windmill Close, Great Cornard, sold for £480,000 on Mar-2024. Given the internal area of 145 square metres, the price per sqm is £3,310.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 275 sales in Great Cornard (CO10 0) that took place in the last two years.

##### Distribution of £ per sqm for Great Cornard
Distribution of £ per sqm house prices in Great Cornard

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Great Cornard (CO10 0). Of the 275 transactions, half were sold for between £3,040 and £4,090 per square metre. The median, or 'middle', price per square metre in 'CO10 0' is £3,620. Notably, only 25% of properties that sold recently were valued at more than £4,090 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Great Cornard

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Great Cornard. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Great Cornard

## Comparison with neighbouring postcode sectors

The table below shows how 'CO10 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CO10 7 Glemsford £3,130 sqm £3,550 sqm £4,060 sqm
CO10 2 Sudbury £3,030 sqm £3,480 sqm £3,850 sqm
CO10 0 Great Cornard £3,040 sqm £3,620 sqm £4,090 sqm
CO10 1 Sudbury £2,980 sqm £3,410 sqm £3,830 sqm
CO10 5 Boxford £3,360 sqm £3,750 sqm £4,340 sqm
CO10 9 Long Melford £3,390 sqm £3,910 sqm £4,420 sqm
CO10 8 Clare £3,440 sqm £3,880 sqm £4,290 sqm

## Will Great Cornard house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CO10 0 (Great Cornard) compared with both the wider area CO10 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

##### Historic price per square metre in Great Cornard,Great Cornard
House price trends for Great Cornard

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

##### Most recent CO10 0 sales
Recent trends for Great Cornard

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Great Cornard to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Great Cornard and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

## Street level data

Street Avg size Avg £sqm Recent sales
Grace Farrant Road, Great Cornard, CO10 0E 75 sqm £3,995 19
Bures Road, Great Cornard, CO10 0J 128 sqm £3,167 19
Pot Kiln Road, Great Cornard, CO10 0D 94 sqm £3,831 18
Grantham Avenue, Great Cornard, CO10 0Z 78 sqm £3,779 17
Overing Avenue, Great Cornard, CO10 0R 101 sqm £3,049 15
Lambert Drive, Great Cornard, CO10 0B 84 sqm £3,219 14
Jacobs Close, Great Cornard, CO10 0H 65 sqm £3,041 12
Broom Street, Great Cornard, CO10 0J 97 sqm £3,282 12

## New build activity

Street Avg size Avg £sqm New build sales
Marshall Drive, Great Cornard, CO10 0D 96 sqm £3,241 9

Marshall Drive, Great Cornard, CO10 0D has seen 9 new build sales in the last 4 years (average price £312,581). These new build homes typically have an internal area of 96 sqm, with an average price of £3,241 sqm. This £sqm average is £-379 below the average for CO10 0. New builds typically command a £ per sqm premium. In the case of Marshall Drive the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

## Raw data

Our analysis of Great Cornard is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.