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Preston House Prices

The average house price in Preston is £189,156 using HM Land Registry data.

The average property price increased by £25,773 (18.89%) over the last 5 years and increased by £5,152 (3.28%) over the last 12 months.

Over the last year, there were 757 residential property sales – a decrease of 143 transactions (-18.89%) relative to the previous year. The majority of house sales (239) were in the £118,000 - £156,000 range. Then came properties in the £156,000 - £194,000 range, where 136 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,137 (-3%).

In Jun 2026, there were 134 new estate agency instructions, 108 agreed home sales and 80 property price reductions.

5-Year Average Property Prices in Preston

18.89%

Property prices in Preston increased by 18.89% 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 Preston Over the Last Year

3.28%

Property prices in Preston increased by 3.28% 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 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 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 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 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 Preston since 1995

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

Recent Property Sales in Preston

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
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
8 Clifton Street, Preston, PR1 8EE	£99,000	£95,000	-£4,000	06 Oct 2025	30 Mar 2026	175 Days
4 Park Close, Preston, PR2 6YW	£350,000	£347,000	-£3,000	24 Dec 2025	27 Mar 2026	93 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
92 Wolseley Road, Preston, PR1 8EU	£155,000	£151,250	-£3,750	13 Jan 2026	27 Mar 2026	73 Days
6 Ribbleton Hall Drive, Preston, PR2 6EE	£185,000	£180,000	-£5,000	03 Jul 2025	26 Mar 2026	266 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
45 Redsands Drive, Preston, PR2 9AH	£199,950	£195,000	-£4,950	14 Jan 2026	20 Mar 2026	65 Days
32 Hamilton Road, Preston, PR2 6YH	£220,000	£220,000	£0	18 Mar 2026	20 Mar 2026	2 Days
138 Inkerman Street, Preston, PR2 2BN	£175,000	£175,000	£0	17 Dec 2025	20 Mar 2026	93 Days
28 Tudor Avenue, Fishwick, Preston, PR1 5TH	£175,000	£166,000	-£9,000	09 Jul 2025	20 Mar 2026	254 Days
35 Elgin Street, Preston, PR1 6BH	£130,000	£130,000	£0	11 Dec 2025	18 Mar 2026	97 Days
934 Blackpool Road, Preston, PR2 1XN	£180,000	£178,000	-£2,000	17 Nov 2025	17 Mar 2026	120 Days
115 Ashton Bank Way, Preston, PR2 1BZ	£105,000	£95,000	-£10,000	29 Jul 2025	16 Mar 2026	230 Days
22 Tudor Avenue, Fishwick, Preston, PR1 5TH	£185,000	£182,500	-£2,500	23 Sep 2025	16 Mar 2026	174 Days

Most Expensive Streets in Preston

Postcode	Street	Area	Average	No. of Sales
PR2 9SX	The Pines	Midgery Lane	£592,255	4
PR2 5RU	Fulwood Row	Preston	£480,000	3
PR2 9NL	Eton Park	Preston	£476,666	3
PR2 9UF	Williams Lane	Preston	£412,197	5
PR2 9UT	Williams Lane	Preston	£379,387	5
PR2 8WY	Gregson Way	Preston	£376,666	3
PR2 1DT	Victoria Parade	Preston	£375,200	5
PR2 1AJ	Egerton Road	Preston	£361,666	3
PR2 1HE	Roseway	Preston	£350,000	3
PR2 1AL	Egerton Road	Preston	£349,000	3

Least Expensive Streets in Preston

Postcode	Street	Area	Average	No. of Sales
PR1 4YL	Severn House	Samuel Street, Preston	£32,200	5
PR1 4YJ	Conway House	Samuel Street, Preston	£32,493	8
PR2 6PG	Holland Lodge	Grange Avenue	£33,700	9
PR1 4YH	Avon House	Samuel Street, Preston	£34,415	6
PR2 6PF	Travers Lodge	Grange Avenue	£43,857	7
PR1 3RP	Sandown Court	Avenham Lane	£45,237	4
PR2 6EG	Glenview Court	Preston	£45,691	6
PR2 6FN	Saddle Lodge	Fir Trees Place	£47,166	3
PR1 5UQ	Skeffington Road	Preston	£47,333	3
PR1 3SE	Sandown Court	Avenham Lane	£48,190	5