FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Long Melford

Long Melford House Prices Long Melford House Prices

The average house price in Long Melford is £290,000 using HM Land Registry data.

The average property price increased by £74,467 (22.92%) over the last 5 years and increased by £14,883 (3.87%) over the last 12 months.

Over the last year, there were 52 residential property sales – a decrease of 5 transactions (-9.62%) relative to the previous year. The majority of house sales (19) were in the £274,000 - £348,000 range. Then came properties in the £200,000 - £274,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 48 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,982 (-2%).

In April 2024, there were 16 new estate agency instructions, 8 agreed home sales and 9 property price reductions.

Postcodes Covered: CO10

5-Year Average Property Prices in Long Melford

22.92%

Property prices in Long Melford increased by 22.92% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Long Melford Over the Last Year

3.87%

Property prices in Long Melford increased by 3.87% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Long Melford - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Long Melford

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Long Melford

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Long Melford

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Long Melford since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Long Melford area since 1995.

Recent Property Sales in Long Melford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
7 Park Terrace, Long Melford, Sudbury, Suffolk, CO10 9LG£290,000£290,000£0023 Aug 202311 Dec 2023110 Days
55 Roman Way, Long Melford, Sudbury, Suffolk, CO10 9LN£335,000£335,000£0028 Apr 202327 Oct 2023182 Days
7 Westgate Street, Long Melford, Sudbury, Suffolk, CO10 9DS£250,000£220,000-£30,00018 Apr 202326 Oct 2023191 Days
Woodside, Bull Lane, Long Melford, Sudbury, Suffolk, CO10 9EA£425,000£400,000-£25,00003 May 202327 Sep 2023147 Days
29 Harefield, Long Melford, Sudbury, Suffolk, CO10 9DE£450,000£440,000-£10,00026 May 202322 Sep 2023119 Days
16 Martyns Rise, Long Melford, Sudbury, Suffolk, CO10 9HR£350,000£345,000-£5,00019 Jul 202308 Sep 202351 Days
49 Cordell Place, Long Melford, Sudbury, Suffolk, CO10 9EL£300,000£285,000-£15,00025 Apr 202318 Aug 2023115 Days
Wrights, Hall Street, Long Melford, Sudbury, Suffolk, CO10 9LA£675,000£655,000-£20,00007 Feb 202311 Aug 2023185 Days
21 Theobalds Close, Long Melford, Sudbury, Suffolk, CO10 9BX£220,000£216,000-£4,00007 Jan 202321 Jul 2023195 Days
18 Chadburn Road, Long Melford, Sudbury, Suffolk, CO10 9EE£300,000£290,000-£10,00023 Mar 202307 Jul 2023106 Days
8 Stephen Close, Long Melford, Sudbury, Suffolk, CO10 9TR£250,000£240,000-£10,00021 Mar 202327 Jun 202398 Days
3 Swanfield, Long Melford, Sudbury, Suffolk, CO10 9EU£335,000£325,000-£10,00023 Mar 202327 Jun 202396 Days
8 Clopton Drive, Long Melford, Sudbury, Suffolk, CO10 9LJ£450,000£440,000-£10,00006 Jan 202316 Jun 2023161 Days
16 Theobalds Close, Long Melford, Sudbury, Suffolk, CO10 9BX£325,000£322,500-£2,50023 Jan 202323 May 2023120 Days
73 Swanfield, Long Melford, Sudbury, Suffolk, CO10 9EX£300,000£300,000£0030 Jan 202322 May 2023112 Days
16 Olivers Close, Long Melford, Sudbury, Suffolk, CO10 9ES£315,000£290,000-£25,00007 Dec 202218 Apr 2023132 Days
12 Olivers Close, Long Melford, Sudbury, Suffolk, CO10 9ES£325,000£315,000-£10,00021 Dec 202212 Apr 2023112 Days
8 Southgate Gardens, Long Melford, Sudbury, Suffolk, CO10 9HB£500,000£480,000-£20,00014 Jun 202206 Apr 2023296 Days
29 The Malt House, Long Melford, Sudbury, Suffolk, CO10 9TP£200,000£200,000£0010 Feb 202306 Apr 202355 Days
18 Southgate Street, Long Melford, Sudbury, Suffolk, CO10 9HU£250,000£238,000-£12,00031 Aug 202231 Mar 2023212 Days

Most Expensive Streets in Long Melford

PostcodeStreetAreaAverageNo. of Sales
CO10 9DHHigh StreetLong Melford£751,6663
CO10 9JAHall StreetLong Melford£576,6663
CO10 9DLChurch WalkLong Melford£527,7506
CO10 9DDHigh StreetLong Melford£502,5003
CO10 9HBSouthgate GardensLong Melford£485,3333
CO10 9DAHigh StreetLong Melford£456,3333
CO10 9DEHarefieldLong Melford£425,52814
CO10 9LQLittle St MarysLong Melford£405,0003
CO10 9LFOrchard BrookLong Melford£403,14621
CO10 9FSBraithwaite RoadLong Melford£388,44245

Least Expensive Streets in Long Melford

PostcodeStreetAreaAverageNo. of Sales
CO10 9TLThe Barley HouseThe Drays£146,7508
CO10 9TPThe Malt HouseLong Melford£154,75014
CO10 9EEChadburn RoadLong Melford£215,6254
CO10 9HUSouthgate StreetLong Melford£218,4378
CO10 9EGRaile WalkLong Melford£221,8005
CO10 9FGWreford CourtLong Melford£243,8333
CO10 9DRHasells CourtyardWestgate Street, Long Melford£244,7137
CO10 9HPStation RoadLong Melford£249,1663
CO10 9LGPark TerraceLong Melford£264,2857
CO10 9JUSt Catherines RoadLong Melford£273,4287

Explore Long Melford and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions Suffolk
Property Auctions Suffolk
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark