# 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 31 July 2024.

## 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.

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. Brambles, Lower Street, Long Melford, Great Cornard, sold for £830,000 on Jun-2024. Given the internal area of 198 square metres, the price per sqm is £4,191.

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 135 sales in Long Melford (CO10 9) that took place in the last two years.

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

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 135 transactions, half were sold for between £3,390 and £4,380 per square metre. The median, or 'middle', price per square metre in 'CO10 9' is £3,880. Notably, only 25% of properties that sold recently were valued at more than £4,380 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 £2,940 sqm £3,410 sqm £3,810 sqm
CO10 5 Boxford £3,360 sqm £3,770 sqm £4,200 sqm
CO10 2 Sudbury £2,960 sqm £3,470 sqm £3,930 sqm
CO10 7 Glemsford £3,170 sqm £3,550 sqm £4,060 sqm
CO10 9 Long Melford £3,390 sqm £3,880 sqm £4,380 sqm
CO10 8 Clare £3,430 sqm £3,830 sqm £4,320 sqm
CO10 0 Great Cornard £2,980 sqm £3,630 sqm £4,090 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.

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

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 9 sales
Recent trends for Long Melford

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 £3,460 16
Prentice Street, Long Melford, CO10 9R 94 sqm £4,102 13
Blunden Close, Long Melford, CO10 9L 106 sqm £3,253 13
Orchard Brook, Long Melford, CO10 9L 116 sqm £3,669 12
Hall Street, Long Melford, CO10 9J 106 sqm £3,501 12
The Malt House, Long Melford, CO10 9T 73 sqm £2,365 12
Westgate Street, Long Melford, CO10 9D 85 sqm £3,385 10

## New build activity

Street Avg size Avg £sqm New build sales
Braithwaite Road, Long Melford, CO10 9F 101 sqm £4,082 10
Osier View, Long Melford, CO10 9S 108 sqm £3,442 12

Braithwaite Road, Long Melford, CO10 9F has seen 10 new build sales in the last 4 years (average price £404,788). These new build homes typically have an internal area of 101 sqm, with an average price of £4,082 sqm. This £sqm average is £202 above the average for CO10 9. New builds typically command a £ per sqm premium so this is normal.

## 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.