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PR local market report Preston

Every figure on this page comes from the public record: 305,855 sales registered with HM Land Registry in the PR postcode area (Preston) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

PR is the postcode area centred on Preston, taking in 11 districts. Figures this wide smooth over big local differences, so use the district reports below for anywhere specific.

Where PR sits

Click the map to open PR on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

WNLBLBBWAMOLBDHXHDHGLSWFSPR
£200,000median sold price, 2026
+5%five-year change (cash)
7,664sales in the last 12 months
4.8%gross rental yield (est.)

What a home in PR sells for

The 2026 median in PR is £200,000, from 2,155 registered sales; the mean, £228,900, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £274,000, so PR trades 27% below the country as a whole.

The price of a typical PR home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£63k£125k£188k£250k1995200020052010201520202026 1995: £49,000 at the time · £104,031 in today's money · 7,108 sales1996: £50,500 at the time · £104,015 in today's money · 8,644 sales1997: £53,000 at the time · £106,154 in today's money · 10,135 sales1998: £55,400 at the time · £109,217 in today's money · 9,740 sales1999: £57,800 at the time · £112,502 in today's money · 10,517 sales2000: £60,000 at the time · £115,000 in today's money · 10,917 sales2001: £66,200 at the time · £124,294 in today's money · 12,004 sales2002: £78,000 at the time · £143,329 in today's money · 13,668 sales2003: £97,500 at the time · £175,424 in today's money · 12,540 sales2004: £125,000 at the time · £221,722 in today's money · 11,775 sales2005: £132,000 at the time · £229,421 in today's money · 9,808 sales2006: £140,000 at the time · £237,346 in today's money · 12,044 sales2007: £145,000 at the time · £240,216 in today's money · 11,784 sales2008: £140,000 at the time · £224,130 in today's money · 5,770 sales2009: £140,500 at the time · £220,580 in today's money · 5,676 sales2010: £144,000 at the time · £220,555 in today's money · 6,089 sales2011: £140,000 at the time · £206,410 in today's money · 5,912 sales2012: £140,000 at the time · £201,250 in today's money · 5,716 sales2013: £142,500 at the time · £200,255 in today's money · 6,896 sales2014: £145,000 at the time · £200,904 in today's money · 8,713 sales2015: £150,000 at the time · £207,000 in today's money · 9,474 sales2016: £155,000 at the time · £211,782 in today's money · 10,234 sales2017: £162,000 at the time · £215,792 in today's money · 10,557 sales2018: £162,000 at the time · £210,906 in today's money · 10,933 sales2019: £167,500 at the time · £214,425 in today's money · 10,768 sales2020: £177,200 at the time · £224,551 in today's money · 9,926 sales2021: £190,000 at the time · £234,946 in today's money · 13,470 sales2022: £200,000 at the time · £229,046 in today's money · 12,360 sales2023: £200,000 at the time · £214,619 in today's money · 10,156 sales2024: £206,000 at the time · £213,905 in today's money · 10,381 sales2025: £210,000 at the time · £210,000 in today's money · 9,985 sales2026: £200,000 at the time · £200,000 in today's money · 2,155 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£200,000£200,0002,155
2025£210,000£210,0009,985
2024£206,000£213,90510,381
2023£200,000£214,61910,156
2022£200,000£229,04612,360
2021£190,000£234,94613,470
2020£177,200£224,5519,926
2019£167,500£214,42510,768
2018£162,000£210,90610,933
2017£162,000£215,79210,557
2016£155,000£211,78210,234
2015£150,000£207,0009,474
2014£145,000£200,9048,713
2013£142,500£200,2556,896
2012£140,000£201,2505,716
2011£140,000£206,4105,912
2010£144,000£220,5556,089
2009£140,500£220,5805,676
2008£140,000£224,1305,770
2007£145,000£240,21611,784
2006£140,000£237,34612,044
2005£132,000£229,4219,808
2004£125,000£221,72211,775
2003£97,500£175,42412,540
2002£78,000£143,32913,668
2001£66,200£124,29412,004
2000£60,000£115,00010,917
1999£57,800£112,50210,517
1998£55,400£109,2179,740
1997£53,000£106,15410,135
1996£50,500£104,0158,644
1995£49,000£104,0317,108

In cash terms the typical PR home went from £49,000 in 1995 to £200,000 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 92%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2007; the current median sits about 17% below that. Someone who bought at the 2007 peak has not yet seen that price back in real terms.

Year-on-year change in the PR median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+50% -50% 0% 1996 · +3.1% on the year before1997 · +5.0% on the year before1998 · +4.5% on the year before1999 · +4.3% on the year before2000 · +3.8% on the year before2001 · +10.3% on the year before2002 · +17.8% on the year before2003 · +25.0% on the year before2004 · +28.2% on the year before2005 · +5.6% on the year before2006 · +6.1% on the year before2007 · +3.6% on the year before2008 · −3.4% on the year before2009 · +0.4% on the year before2010 · +2.5% on the year before2011 · −2.8% on the year before2012 · +0.0% on the year before2013 · +1.8% on the year before2014 · +1.8% on the year before2015 · +3.4% on the year before2016 · +3.3% on the year before2017 · +4.5% on the year before2018 · +0.0% on the year before2019 · +3.4% on the year before2020 · +5.8% on the year before2021 · +7.2% on the year before2022 · +5.3% on the year before2023 · +0.0% on the year before2024 · +3.0% on the year before2025 · +1.9% on the year before2026 · −4.8% on the year before200020052010201520202026

The strongest year on record here is 2004 (+28.2% on the year before); the weakest, 2026 (−4.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−4.8%−4.8%
5 years (since 2021)+1.0%−3.2%
10 years (since 2016)+2.6%−0.6%
20 years (since 2006)+1.8%−0.9%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

10k20k 1995: 7,108 sales1996: 8,644 sales1997: 10,135 sales1998: 9,740 sales1999: 10,517 sales2000: 10,917 sales2001: 12,004 sales2002: 13,668 sales2003: 12,540 sales2004: 11,775 sales2005: 9,808 sales2006: 12,044 sales2007: 11,784 sales2008: 5,770 sales2009: 5,676 sales2010: 6,089 sales2011: 5,912 sales2012: 5,716 sales2013: 6,896 sales2014: 8,713 sales2015: 9,474 sales2016: 10,234 sales2017: 10,557 sales2018: 10,933 sales2019: 10,768 sales2020: 9,926 sales2021: 13,470 sales2022: 12,360 sales2023: 10,156 sales2024: 10,381 sales2025: 9,985 sales2026: 2,155 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

1,0002,000 June 2021 · 1,586 sales registeredJuly 2021 · 965 sales registeredAugust 2021 · 1,094 sales registeredSeptember 2021 · 1,654 sales registeredOctober 2021 · 842 sales registeredNovember 2021 · 934 sales registeredDecember 2021 · 1,173 sales registeredJanuary 2022 · 770 sales registeredFebruary 2022 · 930 sales registeredMarch 2022 · 1,088 sales registeredApril 2022 · 1,039 sales registeredMay 2022 · 1,001 sales registeredJune 2022 · 1,029 sales registeredJuly 2022 · 1,090 sales registeredAugust 2022 · 1,122 sales registeredSeptember 2022 · 1,055 sales registeredOctober 2022 · 1,062 sales registeredNovember 2022 · 1,085 sales registeredDecember 2022 · 1,089 sales registeredJanuary 2023 · 751 sales registeredFebruary 2023 · 726 sales registeredMarch 2023 · 977 sales registeredApril 2023 · 649 sales registeredMay 2023 · 674 sales registeredJune 2023 · 935 sales registeredJuly 2023 · 865 sales registeredAugust 2023 · 871 sales registeredSeptember 2023 · 920 sales registeredOctober 2023 · 986 sales registeredNovember 2023 · 846 sales registeredDecember 2023 · 956 sales registeredJanuary 2024 · 590 sales registeredFebruary 2024 · 714 sales registeredMarch 2024 · 887 sales registeredApril 2024 · 717 sales registeredMay 2024 · 857 sales registeredJune 2024 · 881 sales registeredJuly 2024 · 885 sales registeredAugust 2024 · 931 sales registeredSeptember 2024 · 911 sales registeredOctober 2024 · 1,068 sales registeredNovember 2024 · 1,013 sales registeredDecember 2024 · 927 sales registeredJanuary 2025 · 783 sales registeredFebruary 2025 · 896 sales registeredMarch 2025 · 1,538 sales registeredApril 2025 · 508 sales registeredMay 2025 · 751 sales registeredJune 2025 · 801 sales registeredJuly 2025 · 848 sales registeredAugust 2025 · 883 sales registeredSeptember 2025 · 750 sales registeredOctober 2025 · 877 sales registeredNovember 2025 · 685 sales registeredDecember 2025 · 665 sales registeredJanuary 2026 · 497 sales registeredFebruary 2026 · 474 sales registeredMarch 2026 · 565 sales registeredApril 2026 · 430 sales registeredMay 2026 · 189 sales registered

PR recorded 7,664 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 11,818 sales a year before the financial crisis and 9,007 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around PR

PR falls under South Ribble, the local authority covering most of the PR area (parts fall under Preston and Chorley, where rents differ), where the ONS puts the average private rent at £793 a month (May 2026 figures). A one-bed averages £553 a month here and a four-or-more-bed £1,251, so size does most of the work in setting the rent.

Average monthly rent by size, South Ribble

ONS Price Index of Private Rents, May 2026.

1 bed: £553 a month£5531 bed2 bed: £727 a month£7272 bed3 bed: £876 a month£8763 bed4+ bed: £1,251 a month£1,2514+ bed

Set against the £200,000 median sold price, £793 a month is £9,516 a year, a gross yield of 4.8%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will PR prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 5% over five years in cash but down 15% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

The spread across the PR area is the point: the same five years treated these districts very differently.

Five-year change in the median, PR area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

PR7PR7 · +19% over five years · median £210,000+19%PR26PR26 · +16% over five years · median £263,800+16%PR6PR6 · +14% over five years · median £210,000+14%PR25PR25 · +13% over five years · median £199,000+13%PR1PR1 · +11% over five years · median £144,500+11%PR4PR4 · +10% over five years · median £248,000+10%PR2PR2 · +9% over five years · median £180,000+9%PR9PR9 · +7% over five years · median £191,000+7%PR5PR5 · +5% over five years · median £174,500+5%PR3PR3 · −3% over five years · median £249,000−3%

District by district

The area medians above hide a lot. Here is every PR district with enough sales to measure, dearest first; each links to its own full report.

DistrictMedian (2026)5-yearSales
PR26 Leyland, Bretherton£263,800+16%46
PR3 Barnacre-with-Bonds, Barton£249,000-3%149
PR4 Becconsall, Catforth£248,000+10%276
PR8 Ainsdale, Birkdale£225,000+11%211
PR6 Abbey Village, Adlington£210,000+14%140
PR7 Adlington, Buckshaw Village£210,000+19%276
PR25 Leyland, Clayton-le-Woods£199,000+13%121
PR9 Banks, Churchtown£191,000+7%194
PR2 Ashton On Ribble, Brookfield£180,000+9%340
PR5 Bamber Bridge, Coupe Green£174,500+5%172
PR1 City Centre, Avenham£144,500+11%230

Dig further

See every individual PR sale on the live map, mapped to the exact address, or the quick-reference PR price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.