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House Prices in PR5

The average house price in PR5 (Preston) is £191,879 using HM Land Registry data.

The average property price increased by £29,357 (14.96%) over the last 5 years and increased by £5,868 (2.67%) over the last 12 months.

Over the last year, there were 480 residential property sales – a decrease of 222 transactions (-46.25%) relative to the previous year. The majority of house sales (127) were in the £160,000 - £200,000 range. Then came properties in the £120,000 - £160,000 range, where 81 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 39 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,007 (-3%).

In Apr 2026, there were 82 new estate agency instructions, 73 agreed home sales and 36 property price reductions.

5-Year Average Property Prices in PR5 (Preston)

14.96%

Property prices in PR5 (Preston) increased by 14.96% 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 PR5 (Preston) Over the Last Year

2.67%

Property prices in PR5 (Preston) increased by 2.67% 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 PR5 (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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 PR5 (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 PR5 (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 PR5 (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 PR5 (Preston) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PR5 postcode area since 1995.

Recent Sales in PR5 (Preston)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
119 Collins Road, Preston, PR5 6QU	£194,950	£191,500	-£3,450	03 Sep 2025	18 Feb 2026	168 Days
16 Olive Farm Avenue, Houghton, Preston, PR5 0AJ	£244,950	£243,000	-£1,950	22 Aug 2025	06 Feb 2026	168 Days
5 Goldcrest Drive, Preston, PR5 6ZE	£309,950	£305,000	-£4,950	29 Jul 2025	06 Feb 2026	192 Days
260 Gregson Lane, Hoghton, Preston, PR5 0LA	£550,000	£550,000	£0	02 Dec 2025	05 Feb 2026	65 Days
17 Tudor Croft, Preston, PR5 5BF	£199,950	£195,500	-£4,450	08 Apr 2025	05 Feb 2026	303 Days
43 Firbank, Preston, PR5 6SU	£99,950	£95,000	-£4,950	12 May 2025	30 Jan 2026	263 Days
3 Halliwell Heights, Preston, PR5 4NT	£279,950	£279,500	-£450	29 Aug 2025	23 Jan 2026	147 Days
38 Fowler Close, Preston, PR5 0DS	£375,000	£372,500	-£2,500	08 Aug 2025	23 Jan 2026	168 Days
28 Aspenwood Close, Preston, PR5 6DR	£169,950	£165,000	-£4,950	08 Sep 2025	21 Jan 2026	135 Days
12a, Knowsley Close, Hoghton, Preston, PR5 0EA	£275,000	£275,000	£0	25 Aug 2025	16 Jan 2026	144 Days
14 Abbotts Close, Preston, PR5 4NU	£130,000	£130,000	£0	28 Feb 2025	16 Jan 2026	322 Days
113a Stilefield, Todd Lane North, Preston, PR5 5UP	£385,000	£378,000	-£7,000	04 Jun 2025	09 Jan 2026	219 Days
9 Mounsey Road, Preston, PR5 6LS	£115,000	£110,000	-£5,000	26 Aug 2025	09 Jan 2026	136 Days
50 Ampleforth Drive, Preston, PR5 5TE	£145,000	£145,000	£0	17 Dec 2025	09 Jan 2026	23 Days
68 Station Road, Preston, PR5 6QP	£145,000	£140,000	-£5,000	27 Jun 2025	08 Jan 2026	195 Days
37 Fareham Close, Preston, PR5 4JX	£365,000	£360,000	-£5,000	22 Apr 2025	19 Dec 2025	241 Days
36 Alexandra Road, Preston, PR5 4QS	£175,000	£175,000	£0	02 May 2025	12 Dec 2025	224 Days
47 Chorley Road, Preston, PR5 4JA	£150,000	£150,000	£0	24 Apr 2025	10 Dec 2025	230 Days
29 Walton Green, Preston, PR5 4JL	£450,000	£450,000	£0	21 Feb 2025	09 Dec 2025	291 Days
97 Marlborough Drive, Preston, PR5 4QX	£164,950	£163,500	-£1,450	28 Apr 2025	05 Dec 2025	221 Days

Most Expensive Streets in PR5 (Preston)

Postcode	Street	Area	Average	No. of Sales
PR5 0AW	Barn Croft, Hoghton	Preston	£698,928	7
PR5 0UE	Potters Lane	Preston	£583,750	4
PR5 6YR	Bank Head Lane	Preston	£566,666	3
PR5 6AN	Kellet Lane	Preston	£531,000	5
PR5 0JA	Quaker Brook Lane, Hoghton	Preston	£521,250	4
PR5 0SP	Bolton Road	Preston	£507,500	4
PR5 0LA	Gregson Lane, Hoghton	Preston	£460,558	3
PR5 4BJ	Cuerdale Lane	Preston	£455,000	3
PR5 0DD	The Croft	Preston	£454,500	4
PR5 0SE	Viaduct Road	Preston	£446,400	5

Least Expensive Streets in PR5 (Preston)

Postcode	Street	Area	Average	No. of Sales
PR5 6TS	Clayton Street	Preston	£59,000	3
PR5 5UZ	The Pickerings	Preston	£70,342	7
PR5 5QY	St James Court	Preston	£78,333	3
PR5 6ET	Duke Street	Preston	£89,950	5
PR5 6WP	Montgomery Street	Preston	£94,166	3
PR5 6LH	Tyne Street	Preston	£98,333	3
PR5 5BJ	Moss Street	Preston	£100,666	3
PR5 5RQ	Hoghton Street	Preston	£101,333	3
PR5 6QB	School Street	Preston	£101,333	6
PR5 5HB	Watkin Lane	Preston	£103,333	3