House Prices in Preston

We look at house prices in Preston, how they have changed over the years and what type of properties are selling.

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UK » North West » Preston
Updated:
4 Jan 23
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TOWN/CITY

Preston Introduction

Located in the North West of England, Preston is a city in Lancashire which is known for its growth in industry, retail, and education. It is home to the University of Central Lancashire and highly renowned shopping centre, Fishergate. Property in Preston is becoming increasingly popular with its vibrant city centre, its close proximity to major motorways and airports, and the beautiful surrounding countryside. With numerous residential and commercial properties to choose from, Preston is a great place to live and invest in. There are plenty of apartments, semi-detached houses, townhouses, and terrace homes to choose from. Prices range from budget to luxury depending on the location and size of the property. Buyers are attracted by excellent transport links, access to plenty of shops and restaurants, and competitively priced homes on the market. The atmosphere is buzzing with many events throughout the year, like the British Musical Fireworks Championships, the Ribble Steam Railway and the many festivals. Preston is definitely a place to consider for property investments.

Preston Quick Facts

Based on 3,385 registered sales in 2022, the median house price in Preston is £178,000 and the average price is £208,350.

In Preston during 2022 there have been 3,385 sales, including 1,015 terraced houses, 834 detached houses, 1,168 semi detached houses, 249 flats/maisonettes and 119 other properties.

Are House Prices Rising or Falling in Preston?

Looking to see the most recent changes in prices in Preston? We have a full page dedicated to the last 12 months changes for all property types.

Are House Prices Rising or Falling in Preston >

How does Preston compare to the rest of the country?

We track 1157 towns and cities in England and Wales. In 2022 Preston was ranked 963 in England and Wales when comparing median property prices.

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Mortgages in Preston >

Preston Yearly Data in Charts

What is the average price per property in this area?

What is the number of properties sold in this location per year.

What are the type of properties sold

What is the number of new builds sold.

Are the properties sold leasehold or freehold.

What is the Most Expensive Property in Preston?

Want to find out the most expensive flat or semi in Preston? We list the most expensive properties by classification.

Most Expensive Properties in Preston >

Preston Property Types sold in the last year

These are the proportion of proerties sold in the last year, note this is not the proportion of properties in the area, but the proportion of properties you would reasonably expected to find on the market at this present time.

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North West House Price Information

Looking for other locations in this region? You can find them all in our dedicated region page.

North West House Price Data

Preston Postcode Sectors

All known postcode sectors in Preston and their 2022 average prices

Sector Year Sales Average Change Median Change
PR2 3 2022 176 £188,998 8.8% £171,250 3.8%
PR2 1 2022 185 £166,716 4.8% £150,000 1.4%
PR2 9 2022 142 £229,235 0.6% £215,000 4.9%
PR5 4 2022 152 £191,398 1% £172,000 4.6%
PR1 9 2022 123 £191,508 -3.9% £170,000 7.6%
PR2 2 2022 141 £123,782 4.7% £117,000 2.6%
PR5 6 2022 124 £178,155 -0.5% £149,750 -6.4%
PR3 1 2022 122 £267,341 -0.4% £222,500 -10.5%
PR4 0 2022 132 £276,948 4.4% £270,500 10.4%
PR2 6 2022 105 £150,967 11.8% £136,000 12.4%
PR5 5 2022 104 £183,138 8% £168,750 11%
PR4 1 2022 131 £214,453 7.2% £190,000 2.4%
PR4 6 2022 119 £262,226 -0.7% £225,000 -2.2%
PR4 2 2022 111 £229,632 -1.8% £192,000 -2%
PR3 3 2022 95 £249,588 7.2% £215,000 16.2%
PR1 0 2022 91 £249,641 -7.2% £230,000 -6.1%
PR4 5 2022 89 £292,930 14% £245,000 2.3%
PR1 6 2022 85 £118,689 5% £100,000 -13%
PR4 3 2022 100 £244,620 -4.2% £186,750 -19%
PR1 5 2022 95 £97,386 6.1% £88,500 10.6%
PR1 8 2022 81 £128,110 14.4% £113,000 13%
PR3 0 2022 82 £309,429 7% £264,495 0.8%
PR1 4 2022 61 £106,702 4.2% £101,340 5%
PR2 8 2022 74 £224,251 -11.8% £209,500 -4.3%
PR4 4 2022 71 £267,489 -6.8% £224,950 -8.2%
PR3 2 2022 71 £357,779 7.5% £291,995 -1.2%
PR1 7 2022 78 £109,470 8.5% £104,000 18.9%
PR5 0 2022 40 £237,589 0.7% £202,000 2.5%
PR2 5 2022 40 £265,318 -8.5% £222,475 -5.5%
PR1 3 2022 30 £119,937 5.6% £75,000 -22.7%
PR5 8 2022 47 £157,233 3% £141,000 -5.4%
PR3 5 2022 46 £346,340 24.2% £345,300 27.9%
PR2 7 2022 29 £229,790 11.3% £153,500 -31%
PR1 1 2022 40 £123,947 21.3% £111,750 17.6%
PR3 6 2022 17 £292,751 1.2% £238,000 -8.4%
PR1 2 2022 4 £92,000 15.6% £80,000 27.1%

2022 Preston Property Price Distribution

Our Data

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.