You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Preston

Preston House Prices

The average house price in Preston is £164,686 using HM Land Registry data.

The average property price increased by £24,527 (17.94%) over the last 5 years and increased by £4,903 (3.14%) over the last 12 months.

Over the last year, there were 733 residential property sales – a decrease of 175 transactions (-23.87%) relative to the previous year. The majority of house sales (213) were in the £116,000 - £152,000 range. Then came properties in the £152,000 - £188,000 range, where 136 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 £-9,129 (-3%).

In Apr 2026, there were 135 new estate agency instructions, 96 agreed home sales and 65 property price reductions.

5-Year Average Property Prices in Preston

17.94%

Property prices in Preston increased by 17.94% 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

3.14%

Property prices in Preston increased by 3.14% 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 - Apr 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
29 Maritime Way, Preston, PR2 2HT	£175,000	£170,000	-£5,000	14 Jul 2025	13 Feb 2026	214 Days
75 Parkside, Lea, Preston, PR2 1YS	£155,000	£150,000	-£5,000	03 Dec 2025	13 Feb 2026	72 Days
32 Queensway, Preston, PR2 1SN	£199,995	£199,995	£0	19 Aug 2025	09 Feb 2026	174 Days
412 Brook Street, Preston, PR2 3AH	£150,000	£145,000	-£5,000	11 Jul 2025	06 Feb 2026	210 Days
10 Cedar Avenue, Preston, PR2 1ST	£235,000	£235,000	£0	20 Aug 2025	06 Feb 2026	170 Days
248 Ribbleton Avenue, Preston, PR2 6QP	£230,000	£226,000	-£4,000	09 Jun 2025	05 Feb 2026	241 Days
51 Oban Crescent, Preston, PR1 6ET	£199,950	£197,450	-£2,500	13 Aug 2025	02 Feb 2026	173 Days
3 Birch Avenue, Ashton-on-ribble, Preston, PR2 1JU	£209,995	£190,000	-£19,995	02 Sep 2025	30 Jan 2026	150 Days
9 Grosvenor Place, Preston, PR2 1ED	£360,000	£348,500	-£11,500	25 Jun 2025	30 Jan 2026	219 Days
15 Beech Grove, Preston, PR2 1DX	£380,000	£375,000	-£5,000	21 May 2025	30 Jan 2026	254 Days
21 St Andrews Avenue, Preston, PR2 1JL	£320,000	£320,000	£0	06 Oct 2025	30 Jan 2026	116 Days
78 Oban Crescent, Preston, PR1 6ET	£224,995	£224,950	-£45	30 Sep 2025	30 Jan 2026	122 Days
20 Isherwood Street, Preston, PR1 5HP	£135,000	£135,000	£0	15 Jul 2025	30 Jan 2026	199 Days
31 Leadale, Preston, PR2 1YU	£309,995	£300,000	-£9,995	25 Jul 2025	23 Jan 2026	182 Days
37 Miller Field, Preston, PR2 1XB	£300,000	£300,000	£0	27 May 2025	23 Jan 2026	241 Days
8 Munro Crescent, Ribbleton, Preston, PR2 6YL	£190,000	£185,000	-£5,000	17 May 2025	23 Jan 2026	251 Days
23 Teil Green, Preston, PR2 9PA	£269,995	£269,995	£0	17 Sep 2025	22 Jan 2026	127 Days
96 Danvers Way, Preston, PR2 9LH	£200,000	£200,000	£0	30 Jul 2025	22 Jan 2026	176 Days
13 Thirlmere Road, Preston, PR1 5TR	£120,000	£120,000	£0	23 Oct 2025	22 Jan 2026	91 Days
121 Grizedale Crescent, Preston, PR2 6HD	£160,000	£153,000	-£7,000	21 Aug 2025	16 Jan 2026	148 Days

Most Expensive Streets in Preston

Postcode	Street	Area	Average	No. of Sales
PR2 9SX	The Pines	Midgery Lane	£592,255	4
PR2 9NL	Eton Park	Preston	£483,437	4
PR2 5RU	Fulwood Row	Preston	£480,000	3
PR2 9UF	Williams Lane	Preston	£399,996	6
PR2 1DT	Victoria Parade	Preston	£375,200	5
PR2 9UT	Williams Lane	Preston	£371,990	9
PR2 1AJ	Egerton Road	Preston	£361,666	3
PR2 1HE	Roseway	Preston	£350,000	3
PR2 8WY	Gregson Way	Preston	£347,500	4
PR2 1DX	Beech Grove	Preston	£345,500	4

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	£34,749	8
PR2 6PF	Travers Lodge	Grange Avenue	£40,625	8
PR1 3RP	Sandown Court	Avenham Lane	£43,650	3
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