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Preston House Prices

The average house price in Preston is £176,577 using HM Land Registry data.

The average property price increased by £25,404 (19.02%) over the last 5 years and increased by £5,079 (3.3%) over the last 12 months.

Over the last year, there were 832 residential property sales – an increase of 44 transactions (5.29%) relative to the previous year. The majority of house sales (212) were in the £114,000 - £148,000 range. Then came properties in the £148,000 - £182,000 range, where 158 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 £-15,376 (-6%).

In Nov 2025, there were 94 new estate agency instructions, 76 agreed home sales and 42 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 - Nov 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
81 Longridge Road, Preston, PR2 6RH	£200,000	£200,000	£0	08 Oct 2025	19 Dec 2025	72 Days
10 Peacock Hill Close, Preston, PR2 5BU	£280,000	£275,000	-£5,000	20 Aug 2025	12 Dec 2025	114 Days
9 Almond Close, Preston, PR2 9PZ	£280,000	£280,000	£0	07 Feb 2025	12 Dec 2025	308 Days
26 Woodlands Avenue, Preston, PR2 6DT	£280,000	£239,950	-£40,050	07 Feb 2025	12 Dec 2025	308 Days
13 Romford Road, Preston, PR1 6XQ	£180,000	£180,000	£0	15 Jul 2025	10 Dec 2025	148 Days
40 Muncaster Road, Preston, PR1 6BQ	£125,000	£125,000	£0	09 Sep 2025	02 Dec 2025	84 Days
17 Daisy Croft, Preston, PR2 1RU	£255,000	£250,000	-£5,000	16 Sep 2025	01 Dec 2025	76 Days
28 Cumbrae, Teil Green, Preston, PR2 9PD	£239,950	£230,000	-£9,950	27 Jun 2025	28 Nov 2025	154 Days
12 Hindley Close, Preston, PR2 9UG	£290,000	£280,000	-£10,000	05 Aug 2025	28 Nov 2025	115 Days
67 Ryelands Crescent, Preston, PR2 1PX	£155,000	£155,000	£0	15 May 2025	28 Nov 2025	197 Days
406 Watling Street Road, Preston, PR2 6UA	£155,000	£153,500	-£1,500	15 May 2025	27 Nov 2025	196 Days
34 Bucklands Avenue, Preston, PR2 2BP	£130,000	£127,500	-£2,500	19 Jun 2025	25 Nov 2025	159 Days
50 Priory Street, Preston, PR2 2QB	£124,950	£124,950	£0	13 Dec 2024	21 Nov 2025	343 Days
15 Jeffrey Hill Close, Preston, PR2 5BS	£275,000	£230,000	-£45,000	11 Mar 2025	20 Nov 2025	254 Days
174 St Georges Road, Preston, PR1 1PS	£135,000	£114,000	-£21,000	02 Jun 2025	19 Nov 2025	170 Days
22 Grafton Road, Preston, PR2 6RT	£265,000	£230,000	-£35,000	28 Jun 2025	14 Nov 2025	139 Days
38 Miller Gardens, Preston, PR1 8EW	£159,950	£139,950	-£20,000	22 Jul 2025	14 Nov 2025	115 Days
41 Sycamore Close, Preston, PR2 9NA	£300,000	£300,000	£0	27 Feb 2025	13 Nov 2025	259 Days
6 Halton Place, Preston, PR2 6SR	£149,950	£140,000	-£9,950	26 Aug 2025	12 Nov 2025	78 Days
8 Glenluce Drive, Preston, PR1 5TB	£229,950	£218,000	-£11,950	03 Feb 2025	12 Nov 2025	282 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	£402,996	9
PR2 9UT	Williams Lane	Preston	£371,990	9
PR2 1AJ	Egerton Road	Preston	£361,666	3
PR2 1HE	Roseway	Preston	£350,000	3
PR2 6AD	Stuart Road	Preston	£349,200	5
PR2 8WY	Gregson Way	Preston	£347,500	4
PR2 1DX	Beech Grove	Preston	£335,666	3

Least Expensive Streets in Preston

Postcode	Street	Area	Average	No. of Sales
PR1 4YJ	Thames House	Samuel Street, Preston	£30,868	8
PR1 4YL	Severn House	Samuel Street, Preston	£32,200	5
PR2 6PG	Holland Lodge	Grange Avenue	£33,030	10
PR1 4YH	Avon House	Samuel Street, Preston	£34,749	8
PR2 6PF	Travers Lodge	Grange Avenue	£40,625	8
PR2 6EG	Glenview Court	Preston	£44,787	4
PR2 6FN	Saddle Lodge	Fir Trees Place	£47,166	3
PR1 5JH	Centenary Mill Court	Preston	£47,750	3
PR1 3SE	Sandown Court	Avenham Lane	£48,190	5
PR1 3UQ	Sandown Court	Avenham Lane	£51,200	5