Feb 07, 2023 by HM

House prices in Sudbury (CO10 2)

This article reveals price per square metre data and various charts to help you understand current housing market in Sudbury (CO10 2).

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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. 51, Waldingfield Road, Sudbury, Great Cornard, sold for £287,500 on Sep-2023. Given the internal area of 71 square metres, the price per sqm is £4,049.

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. £3,800-£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 123 sales in Sudbury (CO10 2) 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 2). Of the 123 transactions, half were sold for between £2,980 and £3,850 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,850m². 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 2' is £3,430. The table below shows how 'CO10 2' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CO10 2 Sudbury	£2,980m2	£3,430m2	£3,850m2
CO10 0 Great Cornard	£2,960m2	£3,530m2	£4,040m2
CO10 1 Sudbury	£2,870m2	£3,350m2	£3,760m2
CO10 5 Boxford	£3,210m2	£3,810m2	£4,290m2
CO10 7 Glemsford	£3,140m2	£3,600m2	£4,110m2
CO10 9 Long Melford	£3,330m2	£3,760m2	£4,340m2
CO10 8 Clare	£3,360m2	£3,820m2	£4,210m2

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 2 (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 2 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
Banham Drive, Sudbury, CO10 2G	54m2	£3,501	17
Waldingfield Road, Sudbury, CO10 2P	90m2	£3,511	15
Lucas Road, Sudbury, CO10 2W	44m2	£2,466	15
Church Street, Sudbury, CO10 2B	75m2	£3,179	11
East Street, Sudbury, CO10 2T	69m2	£2,713	11
Deben Drive, Sudbury, CO10 2Q	93m2	£3,899	10
Cats Lane, Sudbury, CO10 2S	92m2	£2,962	10
Minden Road, Sudbury, CO10 2T	62m2	£2,227	10

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Station Road, Sudbury, CO10 2F	48m2	£3,470	12

Station Road, Sudbury, CO10 2F has seen 12 new build sales in the last 4 years (average price £166,833). These new build homes typically have an internal area of 48 m2, with an average price of £3,470 m2. This £sqm average is £40 above the average for CO10 2. New builds typically command a £ per sqm premium so this is normal.

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
51, Waldingfield Rd, Sudbury, Great Cornard	£287,500 Sep-2023	71	4,049
130, Waldingfield Rd, Sudbury, Great Cornard	£240,000 Aug-2023	64	3,750
14, Catesby Meadow, Sudbury, Great Cornard	£400,000 Jul-2023	88	4,545

See the entire list of all sales in Sudbury (CO10 2) here.