# House prices in CO10 8 (Clare)

This article reveals price per square metre data and various charts to help you understand current housing market in Clare, Great Cornard (CO10 8).

## Defining 'CO10 8'

This analysis is limited to properties whose postcode starts with "CO10 8", 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 Clare.

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 Clare 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. 21, The Street, Clare, Great Cornard, sold for £300,000 on Feb-2024. Given the internal area of 72 square metres, the price per sqm is £4,166.

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. £4,350-£4,500, £4,500-£4,650, £4,650-£4,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 121 sales in Clare (CO10 8) that took place in the last two years.

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

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 Clare (CO10 8). Of the 121 transactions, half were sold for between £3,440 and £4,290 per square metre. The median, or 'middle', price per square metre in 'CO10 8' is £3,880. Notably, only 25% of properties that sold recently were valued at more than £4,290 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 Clare, 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 Clare, Great Cornard

## Comparison with neighbouring postcode sectors

The table below shows how 'CO10 8' 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 8 (Clare) 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 Clare,Great Cornard
House price trends for Clare

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 8 sales
Recent trends for Clare

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
Peacocks Close, Clare, CO10 8D 102 sqm £3,774 13
Farmerie Road, Clare, CO10 8H 95 sqm £3,244 11
High Street, Clare, CO10 8A 98 sqm £3,589 10
March Place, Clare, CO10 8R 108 sqm £3,606 8
High Street, Clare, CO10 8N 100 sqm £3,485 8
Bridewell Street, Clare, CO10 8Q 93 sqm £4,395 8
Pask Way, Clare, CO10 8F 102 sqm £3,943 7
Windmill Rise, Clare, CO10 8E 81 sqm £3,445 7

## Raw data

Our analysis of Clare 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.