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House Prices in PR2

The average house price in PR2 (Preston) is £202,894 using HM Land Registry data.

The average property price increased by £16,234 (6.51%) over the last 5 years and increased by £3,245 (1.24%) over the last 12 months.

Over the last year, there were 908 residential property sales – a decrease of 257 transactions (-28.30%) relative to the previous year. The majority of house sales (214) were in the £158,000 - £206,000 range. Then came properties in the £110,000 - £158,000 range, where 202 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,790 (-3%).

In Aug 2026, there were 130 new estate agency instructions, 108 agreed home sales and 69 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) - Aug 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 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 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
18 Woodlands Drive, Preston, PR2 9SQ	£279,950	£275,000	-£4,950	02 Mar 2026	17 Jul 2026	137 Days
8 Royal Drive, Preston, PR2 3AF	£135,000	£132,000	-£3,000	02 Apr 2026	17 Jul 2026	106 Days
63 Shelley Road, Ashton-on-ribble, Preston, PR2 2DB	£180,000	£177,000	-£3,000	17 Feb 2026	13 Jul 2026	146 Days
15 Tanglewood, Preston, PR2 8WQ	£280,000	£269,000	-£11,000	24 Jul 2025	10 Jul 2026	351 Days
73 Conway Drive, Fulwood, Preston, PR2 3EQ	£300,000	£268,000	-£32,000	30 Mar 2026	10 Jul 2026	102 Days
19 Merton Avenue, Preston, PR2 8HX	£300,000	£290,000	-£10,000	17 Apr 2026	07 Jul 2026	81 Days
4 Porthcawl Court, Dunbar Road, Ingol, Preston, PR2 3YE	£60,000	£50,000	-£10,000	08 Dec 2025	03 Jul 2026	207 Days
15 Wedge Close, Ingol, Preston, PR2 7FP	£255,000	£255,000	£0	08 Apr 2026	03 Jul 2026	86 Days
95 Tulketh Road, Preston, PR2 1AR	£140,000	£140,000	£0	10 Feb 2026	03 Jul 2026	143 Days
8 Rowangate, Preston, PR2 9AG	£230,000	£225,000	-£5,000	06 Mar 2026	02 Jul 2026	118 Days
275 Preston Road, Grimsargh, Preston, PR2 5JR	£330,000	£320,000	-£10,000	26 Jan 2026	30 Jun 2026	155 Days
9 Watling Street Road, Preston, PR2 8EA	£325,000	£317,500	-£7,500	27 Feb 2026	30 Jun 2026	123 Days
10 Churchfield, Preston, PR2 8GS	£285,000	£275,000	-£10,000	13 Feb 2026	30 Jun 2026	137 Days
20 Hedgerow Drive, Preston, PR2 5DN	£399,950	£380,000	-£19,950	29 Oct 2025	30 Jun 2026	244 Days
10 Swarbrick Avenue, Preston, PR2 5JJ	£510,000	£495,000	-£15,000	06 Feb 2026	30 Jun 2026	144 Days
12 The Mall, Preston, PR2 6DU	£179,950	£170,000	-£9,950	05 Feb 2026	29 Jun 2026	144 Days
25 Ecroyd Road, Preston, PR2 2LA	£115,000	£107,000	-£8,000	19 Feb 2026	29 Jun 2026	130 Days
179 Conway Drive, Preston, PR2 3ES	£275,000	£265,000	-£10,000	13 Dec 2025	26 Jun 2026	195 Days
16 Rossall Drive, Preston, PR2 3SL	£225,000	£207,500	-£17,500	13 Jan 2026	25 Jun 2026	163 Days
56 Garstone Croft, Fulwood, Preston, PR2 3WY	£230,000	£210,000	-£20,000	20 Jan 2026	25 Jun 2026	156 Days

Most Expensive Streets in PR2 (Preston)

Postcode	Street	Area	Average	No. of Sales
PR2 5DR	Parish View	Preston	£1,014,000	3
PR2 5SH	Cow Hill	Preston	£967,666	3
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 9BL	Warbler Drive	Preston	£480,661	3
PR2 5RU	Fulwood Row	Preston	£480,000	3
PR2 9AY	Witton Road	Preston	£479,333	3

Least Expensive Streets in PR2 (Preston)

Postcode	Street	Area	Average	No. of Sales
PR2 3XR	Barmouth Court, Cromer Place	Preston	£28,500	6
PR2 6PG	Holland Lodge, Grange Avenue	Preston	£33,422	9
PR2 6PF	Travers Lodge, Grange Avenue	Preston	£43,666	6
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	£59,000	9
PR2 1TL	Charlesway Court, Lea Road	Preston	£59,537	12
PR2 8EX	Guardian Close	Preston	£61,125	8