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Preston House Prices

The average house price in Preston is £140,844 using HM Land Registry data.

The average property price increased by £20,942 (15.91%) over the last 5 years and increased by £4,186 (2.82%) over the last 12 months.

Over the last year, there were 687 residential property sales – a decrease of 125 transactions (-18.20%) relative to the previous year. The majority of house sales (187) were in the £110,000 - £140,000 range. Then came properties in the £80,000 - £110,000 range, where 116 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 £-9,040 (-3%).

In May 2025, there were 149 new estate agency instructions, 117 agreed home sales and 57 property price reductions.

5-Year Average Property Prices in Preston

15.91%

Property prices in Preston increased by 15.91% 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

2.82%

Property prices in Preston increased by 2.82% 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 - May 2025

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
13 St Walburge Avenue, Ashton On Ribble, Preston, Lancashire, PR2 2QT	£190,000	£180,000	-£10,000	11 Jul 2024	14 Feb 2025	218 Days
24 Thurnham Road, Ashton On Ribble, Preston, Lancashire, PR2 1QB	£120,000	£120,000	£0	28 Nov 2024	14 Feb 2025	78 Days
72 Pedders Lane, Ashton On Ribble, Preston, Lancashire, PR2 1HN	£415,000	£388,000	-£27,000	13 Apr 2024	10 Feb 2025	303 Days
15 Otway Street, Preston, Lancashire, PR1 7XB	£109,500	£103,000	-£6,500	23 Jan 2025	10 Feb 2025	18 Days
24 Osborne Street, Preston, Lancashire, PR1 8PN	£180,000	£172,500	-£7,500	19 Jun 2024	10 Feb 2025	236 Days
15 Meads Road, Ashton On Ribble, Preston, Lancashire, PR2 1HD	£249,950	£232,000	-£17,950	30 Oct 2023	07 Feb 2025	466 Days
75 Inkerman Street, Ashton On Ribble, Preston, Lancashire, PR2 2AQ	£130,000	£130,000	£0	28 Jun 2024	31 Jan 2025	217 Days
44 Village Drive, Ribbleton, Preston, Lancashire, PR2 6JH	£190,000	£174,500	-£15,500	13 May 2024	31 Jan 2025	263 Days
30 Murdock Avenue, Ashton On Ribble, Preston, Lancashire, PR2 2BJ	£90,000	£90,000	£0	05 Aug 2024	20 Jan 2025	168 Days
37 Waterloo Terrace, Ashton On Ribble, Preston, Lancashire, PR2 1DA	£140,000	£137,000	-£3,000	16 Sep 2024	17 Jan 2025	123 Days
110 Fishwick View, Preston, Lancashire, PR1 4QS	£100,000	£95,000	-£5,000	05 Sep 2024	17 Jan 2025	134 Days
3 Lady Well Drive, Fulwood, Preston, Lancashire, PR2 9UX	£235,000	£230,000	-£5,000	05 Nov 2024	16 Jan 2025	72 Days
209 Shelley Road, Ashton On Ribble, Preston, Lancashire, PR2 2BU	£185,000	£182,500	-£2,500	24 Aug 2024	16 Jan 2025	145 Days
58 Ash Meadow, Lea, Preston, Lancashire, PR2 1RX	£215,000	£213,000	-£2,000	08 Oct 2024	10 Jan 2025	94 Days
63 Parkside, Lea, Preston, Lancashire, PR2 1YS	£175,000	£175,000	£0	08 Oct 2024	09 Jan 2025	93 Days
20 Delaware Street, Preston, Lancashire, PR1 5XT	£90,000	£75,000	-£15,000	11 Jul 2024	09 Jan 2025	182 Days
26 The Hills, Grimsargh, Preston, Lancashire, PR2 5BF	£229,950	£225,000	-£4,950	16 Aug 2024	06 Jan 2025	143 Days
1 The Hills, Grimsargh, Preston, Lancashire, PR2 5BF	£275,000	£265,000	-£10,000	16 Jul 2024	06 Jan 2025	174 Days
44 Longridge Road, Ribbleton, Preston, Lancashire, PR2 6RJ	£120,000	£115,000	-£5,000	27 Jul 2024	03 Jan 2025	160 Days
101 Royal Drive, Fulwood, Preston, Lancashire, PR2 3AX	£105,000	£102,000	-£3,000	31 May 2024	03 Jan 2025	217 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	£469,583	3
PR2 9UF	Williams Lane	Preston	£389,183	16
PR2 1AL	Egerton Road	Preston	£387,000	8
PR2 9UT	Williams Lane	Preston	£361,069	13
PR2 6AD	Stuart Road	Preston	£358,666	3
PR2 1AJ	Egerton Road	Preston	£355,666	3
PR2 1DT	Victoria Parade	Preston	£347,400	5
PR2 1DX	Beech Grove	Preston	£335,666	3

Least Expensive Streets in Preston

Postcode	Street	Area	Average	No. of Sales
PR1 4YJ	Conway House	Samuel Street, Preston	£28,714	7
PR1 4YL	Severn House	Samuel Street, Preston	£30,583	6
PR2 6PG	Holland Lodge	Grange Avenue	£32,608	12
PR1 4YH	Avon House	Samuel Street, Preston	£35,299	10
PR2 6PF	Elston Lodge	Grange Avenue	£37,875	8
PR1 5JQ	Centenary Mill Court	Preston	£46,899	15
PR1 3RP	Sandown Court	Avenham Lane	£47,250	4
PR2 6FN	Saddle Lodge	Fir Trees Place	£48,490	5
PR1 3SE	Sandown Court	Avenham Lane	£49,316	3
PR1 5JH	Centenary Mill Court	Preston	£49,562	4