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House Prices in PR3 House Prices in PR3 (Preston)

The average house price in PR3 (Preston) is £273,992 using HM Land Registry data.

The average property price increased by £28,488 (17.67%) over the last 5 years and increased by £5,708 (2.82%) over the last 12 months.

Over the last year, there were 459 residential property sales – a decrease of 222 transactions (-48.37%) relative to the previous year. The majority of house sales (108) were in the £198,000 - £266,000 range. Then came properties in the £130,000 - £198,000 range, where 85 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 214 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,399 (-4%).

In February 2025, there were 146 new estate agency instructions, 89 agreed home sales and 70 property price reductions.

Nearby Postcodes: BB1, BB10, BB11, BB12, BB18, BB2, BB3, BB4, BB5, BB6, BB7, BB8, BB9, BD20, BD23, BD24, CA11, CA12, CA18, CA19, CA20, FY2, FY3, FY4, FY5, FY6, FY7, FY8, HX7, L40, LA1, LA11, LA12, LA17, LA18, LA19, LA2, LA20, LA21, LA22, LA23, LA3, LA4, LA5, LA6, LA8, OL13, OL14, PR1, PR2, PR25, PR26, PR4, PR5, PR6, PR7, PR9

5-Year Average Property Prices in PR3 (Preston)

17.67%

Property prices in PR3 (Preston) increased by 17.67% 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 PR3 (Preston) Over the Last Year

2.82%

Property prices in PR3 (Preston) increased by 2.82% 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 PR3 (Preston) - February 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 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 PR3 (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 PR3 (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 PR3 (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 PR3 (Preston) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PR3 postcode area since 1995.

Recent Sales in PR3 (Preston)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Birch Road, Garstang, Preston, Lancashire, PR3 1WJ£359,999£350,000-£9,99921 Jun 202427 Jan 2025220 Days
4 Cock Robin Lane, Catterall, Preston, Lancashire, PR3 1YL£325,000£290,000-£35,00019 Jun 202417 Jan 2025212 Days
9 Gillow Park, Little Eccleston, Preston, Lancashire, PR3 0ZT£485,000£475,000-£10,00029 Apr 202416 Jan 2025262 Days
2 The Orchard, Little Eccleston, Preston, Lancashire, PR3 0YX£650,000£625,000-£25,00016 Jan 202316 Jan 2025731 Days
15 Cambridge Drive, Garstang, Preston, Lancashire, PR3 1EH£380,000£376,000-£4,00017 Jul 202413 Jan 2025180 Days
30 Chaigley Road, Longridge, Preston, Lancashire, PR3 3TQ£220,000£220,000£031 Jul 202413 Jan 2025166 Days
26 Whittingham Road, Longridge, Preston, Lancashire, PR3 2AA£235,000£230,000-£5,00003 Oct 202410 Jan 202599 Days
7 Spout Lane, Longridge, Preston, Lancashire, PR3 3BZ£299,950£295,000-£4,95022 Nov 202310 Jan 2025415 Days
3 Elmwood, Longridge, Preston, Lancashire, PR3 3HH£230,000£215,000-£15,00006 Aug 202409 Jan 2025156 Days
66 Woodplumpton Lane, Broughton, Preston, Lancashire, PR3 5JZ£595,000£595,000£025 Oct 202408 Jan 202575 Days
5 Willows Park Lane, Longridge, Preston, Lancashire, PR3 3HJ£150,000£135,000-£15,00020 Sep 202420 Dec 202491 Days
Northdene, Whin Lane, Out Rawcliffe, Preston, Lancashire, PR3 6TH£299,950£270,000-£29,95015 May 202420 Dec 2024219 Days
Dale House Farm, Four Acre Lane, Thornley, Preston, Lancashire, PR3 2TD£750,000£670,000-£80,00025 Jul 202419 Dec 2024147 Days
Langdale, Cumeragh Lane, Whittingham, Preston, Lancashire, PR3 2AJ£220,000£215,000-£5,00012 Jul 202419 Dec 2024160 Days
3 Southern Close, Longridge, Preston, Lancashire, PR3 3FS£149,950£142,000-£7,95001 Jul 202417 Dec 2024169 Days
16 Dilworth Lane, Longridge, Preston, Lancashire, PR3 3SU£359,950£352,500-£7,45025 Sep 202413 Dec 202479 Days
13 Church Lane, Goosnargh, Preston, Lancashire, PR3 2BE£184,950£175,000-£9,95027 Aug 202411 Dec 2024106 Days
44 Market Place, Longridge, Preston, Lancashire, PR3 3RR£190,000£190,000£011 Jun 202410 Dec 2024182 Days
16 York Drive, Great Eccleston, Preston, Lancashire, PR3 0XU£199,950£180,000-£19,95025 Apr 202409 Dec 2024228 Days
68 Moss Lane, Garstang, Preston, Lancashire, PR3 1HB£245,000£245,000£006 Jul 202404 Dec 2024151 Days

Most Expensive Streets in PR3 (Preston)

PostcodeStreetAreaAverageNo. of Sales
PR3 2EEAshley Lane, GoosnarghPreston£904,1663
PR3 5BUChancel Court, BroughtonPreston£760,0003
PR3 1ZECalder House Lane, BowgreavePreston£733,3333
PR3 2ERBleasdale Road, WhitechapelPreston£720,0003
PR3 3ZBDilworth Bottoms, RibchesterPreston£693,3333
PR3 6BLLancaster Road, Out RawcliffePreston£661,7073
PR3 0PACatterall Lane, CatterallPreston£645,0006
PR3 0XDBrock Road, Great EcclestonPreston£644,1663
PR3 2JSLangley Lane, GoosnarghPreston£635,0004
PR3 2XBHothersall Lane, HothersallPreston£634,3333

Least Expensive Streets in PR3 (Preston)

PostcodeStreetAreaAverageNo. of Sales
PR3 1XRMill Brook, CatterallPreston£93,1663
PR3 3NPDerby Road, LongridgePreston£103,7005
PR3 3NEMersey Street, LongridgePreston£105,9287
PR3 3NUHillcrest Avenue, LongridgePreston£110,3754
PR3 3ENLee Street, LongridgePreston£110,64214
PR3 1HSThermdale Close, GarstangPreston£110,8754
PR3 3FNChatburn Road, LongridgePreston£112,02211
PR3 3RLMersey Street, LongridgePreston£114,3496
PR3 1JFSandbriggs Court, GarstangPreston£114,43716
PR3 1NWSwallow Court, Goldfinch DrivePreston£117,0004

Explore PR3 (Preston) using map

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