Feb 07, 2023 by HM

House prices in Sudbury (CO10 1)

This article reveals price per square metre data and various charts to help you understand current housing market in Sudbury (CO10 1).

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Price per square metre

Knowing the average house price in Sudbury 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. 75, Talbot Road, Sudbury, Great Cornard, sold for £160,000 on Sep-2023. Given the internal area of 46 square metres, the price per sqm is £3,478.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres 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. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 198 sales in Sudbury (CO10 1) that took place in the last two years.

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.

That said, the spread of prices will give you a feel of the typical range to expect in Sudbury (CO10 1). Of the 198 transactions, half were sold for between £2,890 and £3,790 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,790m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CO10 1' is £3,370. The table below shows how 'CO10 1' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CO10 1 Sudbury	£2,890m2	£3,370m2	£3,790m2
CO10 5 Boxford	£3,370m2	£3,810m2	£4,290m2
CO10 7 Glemsford	£3,220m2	£3,640m2	£4,180m2
CO10 9 Long Melford	£3,340m2	£3,820m2	£4,370m2
CO10 0 Great Cornard	£2,970m2	£3,600m2	£4,070m2
CO10 2 Sudbury	£3,020m2	£3,470m2	£3,880m2
CO10 8 Clare	£3,390m2	£3,830m2	£4,220m2

Will Sudbury 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 scatter plot below for CO10 1 (Sudbury). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CO10 1 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Sudbury 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Sudbury data or any other data I am given.

Price map for Sudbury

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Sudbury. 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. I will explain more about the methodology and create a key next week.

House price heatmap for Sudbury

Street level data

Street	Avg size	Avg £/m2	Recent sales
Talbot Road, Sudbury, CO10 1W	60m2	£3,509	41
Melford Road, Sudbury, CO10 1J	107m2	£3,378	21
Alder Way, Sudbury, CO10 1B	96m2	£3,477	13
Walnut Tree Place, Sudbury, CO10 1A	87m2	£3,649	12
Weavers Court, Sudbury, CO10 1H	54m2	£3,173	11
Spire Chase, Sudbury, CO10 1P	126m2	£3,174	11
Queens Road, Sudbury, CO10 1P	106m2	£3,133	11
Clermont Avenue, Sudbury, CO10 1A	93m2	£3,191	10

Search for your street here.

Raw data

Our analysis of Sudbury 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.

Address	Paid	m2	£/m2
75, Talbot Rd, Sudbury, Great Cornard	£160,000 Sep-2023	46	3,478
1, Hares Walk, Sudbury, Great Cornard	£272,500 Sep-2023	62	4,395
87, Talbot Rd, Sudbury, Great Cornard	£241,000 Sep-2023	55	4,381

See the entire list of all sales in Sudbury (CO10 1) here.