House Prices in PR1 House Prices in PR1 (Preston)

The average house price in PR1 (Preston) is £162,997 using HM Land Registry data.

The average property price increased by £27,923 (17.08%) over the last 5 years and increased by £5,582 (3%) over the last 12 months.

Over the last year, there were 534 residential property sales – a decrease of 281 transactions (-52.62%) relative to the previous year. The majority of house sales (141) were in the £80,000 - £132,000 range. Then came properties in the £132,000 - £184,000 range, where 128 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,959 (-3%).

In Apr 2026, there were 122 new estate agency instructions, 87 agreed home sales and 66 property price reductions.

5-Year Average Property Prices in PR1 (Preston)

17.08%

Property prices in PR1 (Preston) increased by 17.08% 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 PR1 (Preston) Over the Last Year

3%

Property prices in PR1 (Preston) increased by 3% 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 PR1 (Preston) - Apr 2026

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 PR1 (Preston)

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 PR1 (Preston)

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 PR1 (Preston)

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 PR1 (Preston) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PR1 postcode area since 1995.

Recent Sales in PR1 (Preston)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
281 Leyland Road, Preston, PR1 9SY£349,950£340,000-£9,95029 Aug 202513 Feb 2026168 Days
13 Linton Grove, Preston, PR1 0RB£299,950£299,950£018 Jul 202511 Feb 2026208 Days
51 Oban Crescent, Preston, PR1 6ET£199,950£197,450-£2,50013 Aug 202502 Feb 2026173 Days
31 Lyme Road, Preston, PR1 9ZJ£250,000£230,000-£20,00019 Nov 202502 Feb 202675 Days
43 Highgate, Preston, PR1 0DU£615,000£592,000-£23,00016 Jul 202530 Jan 2026198 Days
11 Manor Avenue, Preston, PR1 0XE£490,000£490,000£016 May 202530 Jan 2026259 Days
78 Oban Crescent, Preston, PR1 6ET£224,995£224,950-£4530 Sep 202530 Jan 2026122 Days
20 Isherwood Street, Preston, PR1 5HP£135,000£135,000£015 Jul 202530 Jan 2026199 Days
32 Belgrave Avenue, Penwortham, PR1 0BH£279,950£270,000-£9,95004 Sep 202523 Jan 2026141 Days
13 Thirlmere Road, Preston, PR1 5TR£120,000£120,000£023 Oct 202522 Jan 202691 Days
23 Birch Avenue, Penwortham, PR1 0PB£200,000£200,000£022 Sep 202522 Jan 2026122 Days
50 Leyland Road, Preston, PR1 9XS£195,000£190,000-£5,00014 Apr 202516 Jan 2026277 Days
10 Ashdale Crescent, Preston, PR1 9ZG£380,000£375,000-£5,00005 Jun 202515 Jan 2026224 Days
7 Handshaw Drive, Preston, PR1 9SG£109,950£105,000-£4,95005 Aug 202515 Jan 2026163 Days
3 Long Butts, Preston, PR1 9EE£209,950£200,000-£9,95001 Aug 202509 Jan 2026161 Days
13 Romford Road, Preston, PR1 6XQ£180,000£180,000£015 Jul 202510 Dec 2025148 Days
40 Muncaster Road, Preston, PR1 6BQ£125,000£125,000£009 Sep 202502 Dec 202584 Days
15 Greenhill Close, Preston, PR1 9AG£375,000£370,000-£5,00011 Feb 202528 Nov 2025290 Days
5 Hawkhurst Road, Preston, PR1 9QR£185,000£180,000-£5,00027 Aug 202528 Nov 202593 Days
46 River Parade, Preston, PR1 8EJ£125,000£125,000£017 Sep 202528 Nov 202572 Days

Most Expensive Streets in PR1 (Preston)

PostcodeStreetAreaAverageNo. of Sales
PR1 9XHHill RoadPreston£872,4717
PR1 0AHChurch AvenuePreston£836,6663
PR1 0AEHollinhurst AvenuePreston£538,3333
PR1 9BDHurst ParkPreston£532,5004
PR1 0EDKingswayPreston£488,4586
PR1 0BNRound WoodPreston£450,5008
PR1 0DUHighgatePreston£449,8333
PR1 0JUWentworth ClosePreston£448,3333
PR1 0XGMeadows ReachPreston£440,8336
PR1 0BJKingswayPreston£431,4585

Least Expensive Streets in PR1 (Preston)

PostcodeStreetAreaAverageNo. of Sales
PR1 4YLSevern House, Samuel Street, PrestonPreston£32,2005
PR1 4YJConway House, Samuel Street, PrestonPreston£32,4938
PR1 4YHAvon House, Samuel Street, PrestonPreston£34,7498
PR1 3RPSandown Court, Avenham LanePreston£43,6503
PR1 5UQSkeffington RoadPreston£47,3333
PR1 3SESandown Court, Avenham LanePreston£48,1905
PR1 3YRAbram House, Manchester RoadPreston£49,5833
PR1 3UQSandown Court, Avenham LanePreston£51,2005
PR1 3RSSandown Court, Avenham LanePreston£51,6005
PR1 5JQCentenary Mill CourtPreston£51,63511

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