The Clare housing market reflects the broader West Suffolk trends, with home.co.uk reporting an average house price of £389,790 over the last year, while homedata.co.uk's data shows £419,795 for properties sold in the area. Our live Atlas data currently shows an average asking price of £413,885, indicating that sellers are pricing competitively based on current market conditions. The CO10 8 postcode sector, which covers Clare and Great Cornard, has demonstrated impressive growth of 10.8% in the last year, or 6.6% after accounting for inflation, suggesting strong buyer demand in this area.
Historical data reveals that sold prices in Clare were approximately 2% down on the previous year and 12% down from the 2022 peak of £443,500. This correction presents opportunities for buyers while maintaining relatively stable pricing compared to some neighbouring areas. The average price paid represents a fall of 12.4% over the last 12 months for sold properties, though this figure fluctuates with each transaction batch. Land Registry data confirms that 197 sales occurred in the CO10 8 postcode area over the last 24 months, with 364 properties selling over the last decade in the Saint Edmundsbury area.
Property types in Clare span a wide range, with detached properties commanding the highest prices at an average of £609,091 based on current listings. Semi-detached homes average £309,999, while flats represent the most affordable entry point at approximately £198,333. The prevalence of period properties and listed buildings adds complexity to the market, as these homes often require specialist knowledge to market effectively and attract the right buyers who appreciate their character and conservation requirements.
The market shows particular strength in the £300,000 to £500,000 price band, where 18 of the 37 current listings are positioned. This mid-market focus reflects buyer appetite for family homes in this desirable Suffolk town, while the premium segment above £750,000 includes just 5 properties, primarily substantial period homes and new builds with premium features.