How to upgrade to Valgrind 3.10.0 on Ubuntu 12.04?

You can upgrade valgrind as follows:

wget http://valgrind.org/downloads/valgrind-3.10.1.tar.bz2
tar -xjf valgrind-3.10.1.tar.bz2
cd valgrind-3.10.1
./configure --prefix=/usr/local
make
sudo make install
ccache --clear