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House Prices in PR5

The average house price in PR5 (Preston) is £204,833 using HM Land Registry data.

The average property price increased by £27,281 (20.74%) over the last 5 years and increased by £5,452 (3.24%) over the last 12 months.

Over the last year, there were 480 residential property sales – a decrease of 91 transactions (-18.96%) relative to the previous year. The majority of house sales (147) were in the £152,000 - £194,000 range. Then came properties in the £194,000 - £236,000 range, where 82 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 45 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,810 (-3%).

In May 2025, there were 85 new estate agency instructions, 95 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in PR5 (Preston)

20.74%

Property prices in PR5 (Preston) increased by 20.74% 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

3.24%

Property prices in PR5 (Preston) increased by 3.24% 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 PR5 (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 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 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
21 Knowsley Close, Hoghton, Preston, Lancashire, PR5 0EA	£365,000	£355,000	-£10,000	26 Jul 2024	14 Feb 2025	203 Days
138 Station Road, Bamber Bridge, Preston, Lancashire, PR5 6TN	£105,000	£98,000	-£7,000	26 Jul 2024	12 Feb 2025	201 Days
1 Friths Avenue, Hoghton, Preston, Lancashire, PR5 0DX	£200,000	£195,000	-£5,000	30 Oct 2024	07 Feb 2025	100 Days
11 Morland Avenue, Lostock Hall, Preston, Lancashire, PR5 5LU	£270,000	£270,000	£0	13 Sep 2024	07 Feb 2025	147 Days
31 Lindley Street, Lostock Hall, Preston, Lancashire, PR5 5RL	£130,000	£127,500	-£2,500	23 Sep 2024	07 Feb 2025	137 Days
53 Lostock View, Lostock Hall, Preston, Lancashire, PR5 5LS	£169,950	£169,950	£0	04 Mar 2024	06 Feb 2025	339 Days
14 Lady Acre, Bamber Bridge, Preston, Lancashire, PR5 6XN	£330,000	£329,000	-£1,000	20 Aug 2024	05 Feb 2025	169 Days
5 Firbank, Bamber Bridge, Preston, Lancashire, PR5 6SU	£110,000	£107,000	-£3,000	14 Jun 2024	04 Feb 2025	235 Days
11 North Union View, Lostock Hall, Preston, Lancashire, PR5 5RF	£314,950	£310,000	-£4,950	31 Aug 2024	03 Feb 2025	156 Days
18 Ward Street, Lostock Hall, Preston, Lancashire, PR5 5HR	£129,950	£127,000	-£2,950	29 Aug 2024	03 Feb 2025	158 Days
10 Bankhead Lane, Hoghton, Preston, Lancashire, PR5 0AA	£269,950	£250,000	-£19,950	07 Aug 2024	31 Jan 2025	177 Days
14 Beechwood Avenue, Walton Le Dale, Preston, Lancashire, PR5 4LN	£210,000	£202,000	-£8,000	05 Sep 2024	31 Jan 2025	148 Days
23 Carr Field, Bamber Bridge, Preston, Lancashire, PR5 8BS	£190,000	£190,000	£0	16 Oct 2024	30 Jan 2025	106 Days
20 High Meadow, Walton Le Dale, Preston, Lancashire, PR5 4WR	£324,950	£315,000	-£9,950	26 Dec 2023	17 Jan 2025	388 Days
28 Marlborough Drive, Walton Le Dale, Preston, Lancashire, PR5 4QT	£155,000	£155,000	£0	03 Sep 2024	17 Jan 2025	136 Days
59 Marina Grove, Lostock Hall, Preston, Lancashire, PR5 5SQ	£140,000	£130,000	-£10,000	02 Jul 2024	10 Jan 2025	192 Days
8 Balmoral Road, Walton Le Dale, Preston, Lancashire, PR5 4GN	£170,000	£168,000	-£2,000	14 Oct 2024	10 Jan 2025	88 Days
6 Tennyson Place, Walton Le Dale, Preston, Lancashire, PR5 4TT	£190,000	£185,000	-£5,000	01 Jun 2024	18 Dec 2024	200 Days
30 Alpine Avenue, Lostock Hall, Preston, Lancashire, PR5 5LG	£168,000	£166,000	-£2,000	30 Apr 2024	16 Dec 2024	230 Days
31 Langden Crescent, Bamber Bridge, Preston, Lancashire, PR5 6ND	£165,000	£165,000	£0	10 Sep 2024	16 Dec 2024	97 Days

Most Expensive Streets in PR5 (Preston)

Postcode	Street	Area	Average	No. of Sales
PR5 0XG	New Barn Mews	Preston	£513,333	3
PR5 0SP	Bolton Road	Preston	£507,500	4
PR5 6AN	Kellet Lane	Preston	£497,500	6
PR5 6YR	Bank Head Lane	Preston	£483,333	3
PR5 0DD	The Croft	Preston	£476,100	5
PR5 0UQ	Nabs Head Lane	Preston	£448,000	6
PR5 4NQ	Loxwood Close	Preston	£434,000	3
PR5 6AP	Brindle Road	Preston	£421,750	4
PR5 0SE	Viaduct Road, Hoghton	Preston	£414,214	7
PR5 0DS	Fowler Close	Preston	£411,666	3

Least Expensive Streets in PR5 (Preston)

Postcode	Street	Area	Average	No. of Sales
PR5 5UZ	The Pickerings	Preston	£68,057	7
PR5 5NH	Lonsdale Mews, Croston Road	Preston	£79,526	3
PR5 6WP	Montgomery Street	Preston	£94,166	3
PR5 6LQ	Oxford Road	Preston	£94,875	4
PR5 5BJ	Moss Street	Preston	£97,278	7
PR5 5SA	Leyland Road	Preston	£97,833	3
PR5 6ET	Duke Street	Preston	£98,625	4
PR5 6GA	Brandiforth Street	Preston	£98,872	11
PR5 8JT	Greenwood	Preston	£99,333	3
PR5 6QB	School Street	Preston	£100,600	5