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Preston House Prices

The average house price in Preston is £174,689 using HM Land Registry data.

The average property price increased by £26,169 (19.02%) over the last 5 years and increased by £5,232 (3.3%) over the last 12 months.

Over the last year, there were 771 residential property sales – a decrease of 136 transactions (-17.64%) relative to the previous year. The majority of house sales (190) were in the £124,000 - £158,000 range. Then came properties in the £90,000 - £124,000 range, where 164 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 48 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,958 (-3%).

In Aug 2026, there were 115 new estate agency instructions, 99 agreed home sales and 77 property price reductions.

5-Year Average Property Prices in Preston

19.02%

Property prices in Preston increased by 19.02% 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

3.3%

Property prices in Preston increased by 3.3% 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 - 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 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
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
29 Shuttleworth Road, Preston, PR1 6DB	£135,000	£128,000	-£7,000	10 Mar 2026	10 Jul 2026	122 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
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
248 Selborne Street, Preston, PR1 4LB	£125,000	£120,000	-£5,000	27 Jan 2026	26 Jun 2026	150 Days
50 Raglan Street, Preston, PR2 2AX	£115,000	£108,000	-£7,000	26 Mar 2026	24 Jun 2026	90 Days
6 Raven Street, Preston, PR1 6XU	£135,000	£133,000	-£2,000	23 Mar 2026	23 Jun 2026	92 Days
3 Campion Drive, Preston, PR2 1QG	£195,000	£190,000	-£5,000	13 Jan 2026	19 Jun 2026	157 Days
14 Endeavour Close, Preston, PR2 2YG	£147,500	£145,000	-£2,500	10 Jan 2026	19 Jun 2026	160 Days
7 Leicester Road, Preston, PR1 1PP	£115,000	£105,000	-£10,000	19 Dec 2025	19 Jun 2026	182 Days
46 Ladybank Avenue, Preston, PR2 9LY	£137,950	£137,500	-£450	09 Feb 2026	17 Jun 2026	128 Days
23 Gisburn Road, Preston, PR2 6SS	£150,000	£150,000	£0	27 Jan 2026	12 Jun 2026	136 Days
6 Shelley Mews, Shelley Road, Preston, PR2 2EG	£112,500	£110,000	-£2,500	05 Jan 2026	12 Jun 2026	158 Days
3 Wove Court, Garstang Road, Preston, PR1 1US	£190,000	£185,000	-£5,000	19 Sep 2025	12 Jun 2026	266 Days
30 Inkerman Street, Preston, PR2 2AQ	£180,000	£165,000	-£15,000	10 Jan 2026	10 Jun 2026	151 Days
34 Finney Park Drive, Preston, PR2 1QZ	£245,000	£245,000	£0	17 Oct 2025	08 Jun 2026	234 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	£367,625	4
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	£33,422	9
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