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House Prices in PR2

The average house price in PR2 (Preston) is £177,075 using HM Land Registry data.

The average property price increased by £24,746 (22%) over the last 5 years and increased by £4,946 (3.41%) over the last 12 months.

Over the last year, there were 764 residential property sales – a decrease of 236 transactions (-30.89%) relative to the previous year. The majority of house sales (190) were in the £154,000 - £198,000 range. Then came properties in the £110,000 - £154,000 range, where 169 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,182 (-3%).

In May 2025, there were 148 new estate agency instructions, 129 agreed home sales and 87 property price reductions.

5-Year Average Property Prices in PR2 (Preston)

22%

Property prices in PR2 (Preston) increased by 22% 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 PR2 (Preston) Over the Last Year

3.41%

Property prices in PR2 (Preston) increased by 3.41% 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.

Property Market Heat Gauge for PR2 (Preston) - May 2025

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 PR2 (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 PR2 (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 PR2 (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 PR2 (Preston) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PR2 postcode area since 1995.

Recent Sales in PR2 (Preston)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
296 Tag Lane, Ingol, Preston, Lancashire, PR2 3UY	£215,000	£210,000	-£5,000	12 Aug 2024	24 Feb 2025	196 Days
13 St Walburge Avenue, Ashton On Ribble, Preston, Lancashire, PR2 2QT	£190,000	£180,000	-£10,000	11 Jul 2024	14 Feb 2025	218 Days
24 Thurnham Road, Ashton On Ribble, Preston, Lancashire, PR2 1QB	£120,000	£120,000	£0	28 Nov 2024	14 Feb 2025	78 Days
204 Garstang Road, Fulwood, Preston, Lancashire, PR2 8RD	£415,000	£413,800	-£1,200	30 Aug 2024	12 Feb 2025	166 Days
72 Pedders Lane, Ashton On Ribble, Preston, Lancashire, PR2 1HN	£415,000	£388,000	-£27,000	13 Apr 2024	10 Feb 2025	303 Days
12 Cadley Avenue, Fulwood, Preston, Lancashire, PR2 3LG	£200,000	£180,000	-£20,000	16 Mar 2024	07 Feb 2025	328 Days
15 Meads Road, Ashton On Ribble, Preston, Lancashire, PR2 1HD	£249,950	£232,000	-£17,950	30 Oct 2023	07 Feb 2025	466 Days
75 Inkerman Street, Ashton On Ribble, Preston, Lancashire, PR2 2AQ	£130,000	£130,000	£0	28 Jun 2024	31 Jan 2025	217 Days
36 Sylvancroft, Ingol, Preston, Lancashire, PR2 7BL	£150,000	£150,000	£0	01 Aug 2024	31 Jan 2025	183 Days
44 Village Drive, Ribbleton, Preston, Lancashire, PR2 6JH	£190,000	£174,500	-£15,500	13 May 2024	31 Jan 2025	263 Days
10 Carbis Avenue, Grimsargh, Preston, Lancashire, PR2 5LU	£169,950	£167,000	-£2,950	06 Jul 2024	20 Jan 2025	198 Days
30 Murdock Avenue, Ashton On Ribble, Preston, Lancashire, PR2 2BJ	£90,000	£90,000	£0	05 Aug 2024	20 Jan 2025	168 Days
37 Waterloo Terrace, Ashton On Ribble, Preston, Lancashire, PR2 1DA	£140,000	£137,000	-£3,000	16 Sep 2024	17 Jan 2025	123 Days
3 Lady Well Drive, Fulwood, Preston, Lancashire, PR2 9UX	£235,000	£230,000	-£5,000	05 Nov 2024	16 Jan 2025	72 Days
209 Shelley Road, Ashton On Ribble, Preston, Lancashire, PR2 2BU	£185,000	£182,500	-£2,500	24 Aug 2024	16 Jan 2025	145 Days
58 Ash Meadow, Lea, Preston, Lancashire, PR2 1RX	£215,000	£213,000	-£2,000	08 Oct 2024	10 Jan 2025	94 Days
63 Parkside, Lea, Preston, Lancashire, PR2 1YS	£175,000	£175,000	£0	08 Oct 2024	09 Jan 2025	93 Days
26 The Hills, Grimsargh, Preston, Lancashire, PR2 5BF	£229,950	£225,000	-£4,950	16 Aug 2024	06 Jan 2025	143 Days
24 Swarbrick Avenue, Grimsargh, Preston, Lancashire, PR2 5JJ	£475,000	£455,000	-£20,000	23 Jul 2024	06 Jan 2025	167 Days
1 The Hills, Grimsargh, Preston, Lancashire, PR2 5BF	£275,000	£265,000	-£10,000	16 Jul 2024	06 Jan 2025	174 Days

Most Expensive Streets in PR2 (Preston)

Postcode	Street	Area	Average	No. of Sales
PR2 5DR	Parish View	Preston	£912,500	3
PR2 5SH	Cow Hill	Preston	£771,250	4
PR2 5SR	Haighton Green Lane	Preston	£707,500	4
PR2 8FT	Nursery Close	Preston	£684,714	7
PR2 5NZ	Silver Birches	Preston	£672,750	4
PR2 7AN	Walker Lane	Preston	£660,000	4
PR2 3LN	Garstang Road	Preston	£620,000	3
PR2 9SX	The Pines, Midgery Lane	Preston	£592,255	4
PR2 8DA	Fulwood Hall Lane	Preston	£536,666	3
PR2 5LZ	Grimsargh Manor	Preston	£518,333	3

Least Expensive Streets in PR2 (Preston)

Postcode	Street	Area	Average	No. of Sales
PR2 3XR	Barmouth Court, Cromer Place	Preston	£27,825	6
PR2 6PG	Holland Lodge, Grange Avenue	Preston	£32,608	12
PR2 6PF	Elston Lodge, Grange Avenue	Preston	£37,875	8
PR2 6FN	Saddle Lodge, Fir Trees Place	Preston	£48,490	5
PR2 8GH	The Paddock	Preston	£55,249	4
PR2 7EQ	Hanover Court, Village Green Lane	Preston	£55,722	9
PR2 7EN	Golf View	Preston	£55,750	6
PR2 1TL	Charlesway Court, Lea Road	Preston	£56,380	13
PR2 8EX	Guardian Close	Preston	£60,140	10
PR2 3YE	Dunbar Road	Preston	£64,247	24