House prices in CO10 9 (Long Melford)

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

Knowing the average house price in Long Melford is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area
E.g. Chestnut House, Tye Green, Long Melford, Great Cornard, sold for £495,000 on Jun-2024. Given the internal area of 1,431 square feet, the price per sqft is £345.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £353-£371, £371-£390, £390-£408 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 131 sales in Long Melford (CO10 9) that took place in the last two years.

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

Generate a custom chart like the one above but based on your own criteria.

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 131 transactions, half were sold for between £308 and £405 per square foot. The median, or 'middle', price per square foot in 'CO10 9' is £359. Notably, only 25% of properties that sold recently were valued at more than £405 sqft. 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.

Property price heatmap for Long Melford
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 2 Sudbury £276 sqft £322 sqft £365 sqft
CO10 9 Long Melford £308 sqft £359 sqft £405 sqft
CO10 0 Great Cornard £276 sqft £329 sqft £378 sqft
CO10 1 Sudbury £274 sqft £316 sqft £355 sqft
CO10 5 Boxford £312 sqft £347 sqft £378 sqft
CO10 8 Clare £315 sqft £350 sqft £392 sqft
CO10 7 Glemsford £290 sqft £327 sqft £379 sqft

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 foot in Long Melford,Great Cornard
House price trends for Long Melford

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.

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 £sqft Recent sales
High Street, Long Melford, CO10 9P 968 sqft £411 17
Harefield, Long Melford, CO10 9D 0 sqft £326 15
Braithwaite Road, Long Melford, CO10 9F 0 sqft £384 12
Orchard Brook, Long Melford, CO10 9L 0 sqft £361 11
Westgate Street, Long Melford, CO10 9D 914 sqft £305 11
Hall Street, Long Melford, CO10 9J 0 sqft £307 11
Blunden Close, Long Melford, CO10 9L 0 sqft £304 11
Prentice Street, Long Melford, CO10 9R 0 sqft £401 11

Search for your street here.

New build activity

Street Avg size Avg £sqft New build sales
Osier View, Long Melford, CO10 9S 0 sqft £318 11

Osier View, Long Melford, CO10 9S has seen 11 new build sales in the last 4 years (average price £357,576). These new build homes typically have an internal area of 1,184 sqft, with an average price of £318 sqft. This £sqm average is £-41 below the average for CO10 9. New builds typically command a £ per sqft 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 sqft £/sqft
Chestnut House, Tye Green, Long Melford, Great Cornard £495,000
Jun-2024
1,431 345
12, Cotswold Drive, Long Melford, Great Cornard £384,500
Jun-2024
1,119 343
8, The Limes, Long Melford, Great Cornard £330,000
Jun-2024
796 414

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

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.