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Preston House Prices

The average house price in Preston is £146,290 using HM Land Registry data.

The average property price increased by £24,494 (17.81%) over the last 5 years and increased by £4,896 (3.12%) over the last 12 months.

Over the last year, there were 776 residential property sales – a decrease of 132 transactions (-17.01%) relative to the previous year. The majority of house sales (203) were in the £124,000 - £158,000 range. Then came properties in the £90,000 - £124,000 range, where 166 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,033 (-3%).

In Jul 2026, there were 161 new estate agency instructions, 95 agreed home sales and 63 property price reductions.

5-Year Average Property Prices in Preston

17.81%

Property prices in Preston increased by 17.81% 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

3.12%

Property prices in Preston increased by 3.12% 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 - Jul 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 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
72 Connaught Road, Preston, PR1 8EX	£100,000	£100,000	£0	27 Feb 2026	22 May 2026	84 Days
3 Lovat Road, Preston, PR1 6DP	£95,000	£85,000	-£10,000	08 Dec 2025	22 May 2026	165 Days
8 Russell Avenue, Preston, PR1 5TP	£160,000	£155,000	-£5,000	19 Nov 2025	15 May 2026	177 Days
239 Emmanuel Street, Preston, PR1 7NS	£120,000	£110,000	-£10,000	10 Dec 2025	15 May 2026	156 Days
11 Christ Church Street, Preston, PR1 8PH	£135,000	£128,000	-£7,000	15 Jan 2026	12 May 2026	117 Days
5 Moorcroft Crescent, Preston, PR2 6DP	£200,000	£200,000	£0	06 Oct 2025	11 May 2026	217 Days
3 Hanbury Street, Preston, PR2 2SU	£127,500	£120,000	-£7,500	06 May 2026	08 May 2026	2 Days
30 Waterloo Road, Preston, PR2 1BQ	£145,000	£140,000	-£5,000	23 Jul 2025	08 May 2026	289 Days
97 Malvern Avenue, Preston, PR1 4PL	£210,000	£200,000	-£10,000	02 Jun 2025	06 May 2026	338 Days
46 Mountbatten Close, Preston, PR2 2XB	£145,000	£140,000	-£5,000	24 Nov 2025	01 May 2026	158 Days
17 Ladybank Avenue, Preston, PR2 9LY	£375,000	£360,000	-£15,000	18 Jul 2025	01 May 2026	287 Days
48 Connaught Road, Preston, PR1 8EX	£160,000	£158,000	-£2,000	07 Feb 2026	01 May 2026	83 Days
40 The Campions, Preston, PR2 1QL	£265,000	£250,000	-£15,000	03 Oct 2025	30 Apr 2026	209 Days
21 Merrick Avenue, Preston, PR1 5TL	£170,000	£165,000	-£5,000	28 Dec 2025	27 Apr 2026	120 Days
36 Silverdale Drive, Preston, PR2 6UX	£189,950	£189,950	£0	23 Feb 2026	24 Apr 2026	60 Days
20 Ord Road, Preston, PR2 2EE	£149,950	£144,000	-£5,950	21 Jan 2026	24 Apr 2026	93 Days
147 Skeffington Road, Preston, PR1 5HD	£100,000	£95,000	-£5,000	18 Jul 2025	24 Apr 2026	280 Days
48 College Court, Preston, PR1 7RN	£175,000	£175,000	£0	14 Oct 2025	24 Apr 2026	192 Days
39 Albert Road, Deepdale, Preston, PR1 6DH	£110,000	£102,500	-£7,500	14 Jan 2026	22 Apr 2026	98 Days
33 Calverley Street, Preston, PR1 5YN	£125,000	£120,000	-£5,000	22 Sep 2025	10 Apr 2026	200 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	£477,500	4
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	£33,330	10
PR1 4YH	Avon House	Samuel Street, Preston	£34,415	6
PR2 6PF	Travers Lodge	Grange Avenue	£43,666	6
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 3SE	Sandown Court	Avenham Lane	£48,190	5
PR1 3YR	Abram House	Manchester Road	£49,583	3