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House Prices in PR2

The average house price in PR2 (Preston) is £241,428 using HM Land Registry data.

The average property price increased by £14,442 (6.51%) over the last 5 years and increased by £2,887 (1.24%) over the last 12 months.

Over the last year, there were 861 residential property sales – a decrease of 296 transactions (-34.38%) relative to the previous year. The majority of house sales (191) were in the £154,000 - £198,000 range. Then came properties in the £110,000 - £154,000 range, where 186 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 99 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,001 (-3%).

In Jun 2026, there were 149 new estate agency instructions, 113 agreed home sales and 73 property price reductions.

5-Year Average Property Prices in PR2 (Preston)

6.51%

Property prices in PR2 (Preston) increased by 6.51% 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

1.24%

Property prices in PR2 (Preston) increased by 1.24% 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) - Jun 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
17 Goodwood Avenue, Preston, PR2 9TZ	£220,000	£210,000	-£10,000	14 Aug 2025	15 Apr 2026	244 Days
26 Fairways, Preston, PR2 8FX	£300,000	£295,000	-£5,000	07 Oct 2025	10 Apr 2026	185 Days
8 Waingate, Preston, PR2 5RL	£225,000	£218,000	-£7,000	22 Aug 2025	10 Apr 2026	231 Days
17 Hock Drive, Preston, PR2 5DQ	£490,000	£490,000	£0	15 Jan 2026	08 Apr 2026	83 Days
7 Oakdene, Mayfield Avenue, Preston, PR2 3UE	£250,000	£245,000	-£5,000	10 Nov 2025	08 Apr 2026	149 Days
161 Ashton Bank Way, Preston, PR2 1BZ	£140,000	£140,000	£0	24 Jun 2025	07 Apr 2026	287 Days
25 Cedar Avenue, Preston, PR2 1ST	£235,000	£230,000	-£5,000	14 Jul 2025	07 Apr 2026	267 Days
2 Sandybrook Close, Preston, PR2 5QX	£525,000	£525,000	£0	19 Nov 2025	02 Apr 2026	134 Days
4 Park Close, Preston, PR2 6YW	£350,000	£347,000	-£3,000	24 Dec 2025	27 Mar 2026	93 Days
6 The Coombes, Preston, PR2 8LH	£300,000	£295,000	-£5,000	01 Sep 2025	27 Mar 2026	207 Days
30 Singleton Close, Preston, PR2 9PQ	£175,000	£171,000	-£4,000	21 Aug 2025	27 Mar 2026	218 Days
55 Staining Avenue, Preston, PR2 1NL	£160,000	£155,000	-£5,000	14 Jul 2025	27 Mar 2026	256 Days
32 Summertrees Avenue, Preston, PR2 1SA	£144,950	£142,000	-£2,950	03 Dec 2025	27 Mar 2026	114 Days
6 Ribbleton Hall Drive, Preston, PR2 6EE	£185,000	£180,000	-£5,000	03 Jul 2025	26 Mar 2026	266 Days
6 Melrose Avenue, Preston, PR2 8DE	£230,000	£225,000	-£5,000	15 Aug 2025	25 Mar 2026	222 Days
47 Sandsdale Avenue, Preston, PR2 9AZ	£325,000	£310,000	-£15,000	29 Sep 2025	20 Mar 2026	172 Days
14 Bulmer Street, Preston, PR2 2SL	£149,995	£144,995	-£5,000	23 Oct 2025	20 Mar 2026	148 Days
175 Lytham Road, Preston, PR2 2EQ	£245,000	£237,000	-£8,000	11 Nov 2025	20 Mar 2026	129 Days
28 Lindale Avenue, Preston, PR2 5LL	£230,000	£230,000	£0	26 Dec 2025	20 Mar 2026	84 Days
16 Cadley Drive, Preston, PR2 3LW	£229,950	£227,500	-£2,450	24 Oct 2025	20 Mar 2026	147 Days

Most Expensive Streets in PR2 (Preston)

Postcode	Street	Area	Average	No. of Sales
PR2 5SH	Cow Hill	Preston	£862,000	4
PR2 8FT	Nursery Close	Preston	£715,785	7
PR2 3LN	Garstang Road	Preston	£678,333	3
PR2 7AN	Walker Lane	Preston	£660,000	4
PR2 9SX	The Pines, Midgery Lane	Preston	£592,255	4
PR2 5SD	Preston Road	Preston	£529,000	5
PR2 5RU	Fulwood Row	Preston	£480,000	3
PR2 9AY	Witton Road	Preston	£479,333	3
PR2 9NL	Eton Park	Preston	£476,666	3
PR2 3LX	Oakwood Drive	Preston	£470,750	8

Least Expensive Streets in PR2 (Preston)

Postcode	Street	Area	Average	No. of Sales
PR2 3XR	Barmouth Court, Cromer Place	Preston	£29,200	5
PR2 6PG	Holland Lodge, Grange Avenue	Preston	£33,700	9
PR2 6PF	Travers Lodge, Grange Avenue	Preston	£43,857	7
PR2 6EG	Glenview Court	Preston	£45,691	6
PR2 6FN	Saddle Lodge, Fir Trees Place	Preston	£47,166	3
PR2 7EN	Golf View	Preston	£52,700	5
PR2 8GH	The Paddock	Preston	£57,833	6
PR2 7EQ	Hanover Court, Village Green Lane	Preston	£58,600	10
PR2 1TL	Charlesway Court, Lea Road	Preston	£59,803	13
PR2 8EX	Guardian Close	Preston	£60,222	9