House prices in CO10 9 (Long Melford)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CO10 9' (Long Melford, Great Cornard) - statistics were last calculated on 30 June 2024.

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Defining 'CO10 9'

This analysis is limited to properties whose postcode starts with "CO10 9", 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 Long Melford.

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.

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

Price per square metre

Knowing the average house price in Long Melford 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. 1, Normans, Long Melford, Great Cornard, sold for £510,000 on May-2024. Given the internal area of 134 square metres, the price per sqm is £3,805.

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 133 sales in Long Melford (CO10 9) 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.

The spread of prices will give you a feel of the typical range to expect in Long Melford (CO10 9). Of the 133 transactions, half were sold for between £3,340 and £4,390 per square metre. The median, or 'middle', price per square metre in 'CO10 9' is £3,870. Notably, only 25% of properties that sold recently were valued at more than £4,390 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 Long Melford, 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 Long Melford, Great Cornard

Comparison with neighbouring postcode sectors

The table below shows how 'CO10 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CO10 1 Sudbury	£2,950 sqm	£3,410 sqm	£3,830 sqm
CO10 5 Boxford	£3,360 sqm	£3,750 sqm	£4,200 sqm
CO10 8 Clare	£3,420 sqm	£3,830 sqm	£4,290 sqm
CO10 2 Sudbury	£2,880 sqm	£3,450 sqm	£3,840 sqm
CO10 7 Glemsford	£3,200 sqm	£3,610 sqm	£4,190 sqm
CO10 0 Great Cornard	£3,040 sqm	£3,630 sqm	£4,110 sqm
CO10 9 Long Melford	£3,340 sqm	£3,870 sqm	£4,390 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 9 (Long Melford) 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.

Download time series data as CSV (paying users only).

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.

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
High Street, Long Melford, CO10 9P	90 sqm	£4,430	17
Harefield, Long Melford, CO10 9D	128 sqm	£3,458	15
Prentice Street, Long Melford, CO10 9R	99 sqm	£4,255	12
Orchard Brook, Long Melford, CO10 9L	116 sqm	£3,669	12
The Malt House, Long Melford, CO10 9T	73 sqm	£2,365	12
Hall Street, Long Melford, CO10 9J	106 sqm	£3,501	12
Blunden Close, Long Melford, CO10 9L	108 sqm	£3,236	12
Westgate Street, Long Melford, CO10 9D	85 sqm	£3,385	10

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
Osier View, Long Melford, CO10 9S	108 sqm	£3,427	14
Braithwaite Road, Long Melford, CO10 9F	101 sqm	£3,997	11

Osier View, Long Melford, CO10 9S has seen 14 new build sales in the last 4 years (average price £376,937). These new build homes typically have an internal area of 108 sqm, with an average price of £3,427 sqm. This £sqm average is £-443 below the average for CO10 9. New builds typically command a £ per sqm premium. In the case of Osier View 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 Long Melford 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	sqm	£/sqm
1, Normans, Long Melford, Great Cornard	£510,000 May-2024	134	3,805
5, Braithwaite Rd, Long Melford, Great Cornard	£395,000 Apr-2024	102	3,872
21, Old Station Close, Long Melford, Great Cornard	£452,000 Apr-2024	119	3,798

See the entire list of all sales in Long Melford (CO10 9) here.