Local market reports › PR
Preston market report PR
The PR (Preston) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 288,338 completed sales registered with HM Land Registry in the PR postcode area (Preston) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Covers registered sales to August 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register. Page updated 19 October 2026.
In short: 3,503 registered 2026 sales put the the PR postcode area (Preston) median at £220,000, up 12% on five years earlier, with a mean of £246,800, and by floor area homes here have averaged about £2,420 per square metre over the last five years. Everything rests on 288,338 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
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
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in PR
The 2026 median for PR is £220,000, taken from 3,503 registered sales. The mean, which is what most sites call the "average house price", is £246,800, modestly above it, the usual shape of a market with an expensive tail.
What a square metre costs in PR
Averaged across five years of sales, floor space in PR costs about £2,420 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
Set against the £285,000 England and Wales median, PR sits 23% below the national market.
The price of a typical PR home, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £220,000 | £220,000 | 3,503 |
| 2025 | £222,000 | £227,309 | 8,887 |
| 2024 | £220,000 | £233,905 | 8,421 |
| 2023 | £214,000 | £235,134 | 8,084 |
| 2022 | £210,000 | £246,249 | 10,488 |
| 2021 | £196,000 | £248,161 | 11,484 |
| 2020 | £185,000 | £240,041 | 8,372 |
| 2019 | £172,000 | £225,451 | 8,942 |
| 2018 | £167,000 | £222,614 | 9,080 |
| 2017 | £165,000 | £225,043 | 9,014 |
| 2016 | £160,000 | £223,842 | 8,876 |
| 2015 | £154,000 | £217,602 | 8,593 |
| 2014 | £148,500 | £210,673 | 8,065 |
| 2013 | £143,000 | £205,763 | 6,693 |
| 2012 | £140,000 | £206,063 | 5,711 |
| 2011 | £140,000 | £211,346 | 5,911 |
| 2010 | £144,000 | £225,829 | 6,086 |
| 2009 | £140,500 | £225,855 | 5,675 |
| 2008 | £140,000 | £229,490 | 5,770 |
| 2007 | £145,000 | £245,960 | 11,783 |
| 2006 | £140,000 | £243,022 | 12,044 |
| 2005 | £132,000 | £234,907 | 9,808 |
| 2004 | £125,000 | £227,024 | 11,774 |
| 2003 | £97,500 | £179,619 | 12,540 |
| 2002 | £78,000 | £146,756 | 13,668 |
| 2001 | £66,200 | £127,266 | 12,004 |
| 2000 | £60,000 | £117,750 | 10,916 |
| 1999 | £57,800 | £115,192 | 10,519 |
| 1998 | £55,500 | £112,031 | 9,739 |
| 1997 | £53,000 | £108,692 | 10,136 |
| 1996 | £50,500 | £106,502 | 8,644 |
| 1995 | £49,000 | £106,518 | 7,108 |
In cash terms the typical PR home went from £49,000 in 1995 to £220,000 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 107%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 11% below that. Someone who bought at the 2021 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.
The strongest year on record here is 2004 (+28.2% on the year before); the weakest, 2008 (−3.4%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of semi-detached homes dominate the record here, 38% of the typed total. A detached home currently trades at £340,000 against £117,000 for a flat, 2.9 times the price.
Median by property type, PR
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £340,000 | 987 | 80,601 |
| Semi-detached | £217,500 | 1,412 | 109,135 |
| Terraced | £155,000 | 757 | 71,944 |
| Flats | £117,000 | 347 | 26,658 |
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 year (since 2025) | −0.9% | −3.2% |
| 5 years (since 2021) | +2.3% | −2.4% |
| 6 years (since 2020) | +2.9% | −1.4% |
| 10 years (since 2016) | +3.2% | −0.2% |
| 20 years (since 2006) | +2.3% | −0.5% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Sales activity in PR
How many homes change hands
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The monthly pulse, last five years
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
PR recorded 6,450 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 11,817 sales a year before the financial crisis and 7,877 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
The local authority for PR is South Ribble, the local authority covering most of the PR area (parts fall under Preston and Chorley, where rents differ), and its ONS average private rent currently stands at £793 a month (May 2026 figures). Size sets most of the rent: one-beds average £553 a month here against £1,251 for four or more bedrooms.
Average monthly rent by size, South Ribble
ONS Price Index of Private Rents, May 2026.
£793 a month is £9,516 a year, which against the £220,000 median sold price makes a gross yield of 4.3%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Asked and answered: PR (Preston)
Is PR (Preston) a good place to buy a house?
How much did a house sell for in PR (Preston)?
Are property prices falling in PR (Preston)?
Where do PR prices go next?
Prediction is not this page's business. Its business is the record, which says: the median is up 12% over five years in cash but down 11% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What you could buy in PR now
Everything above is what homes in PR sold for. Turning to what is actually available: 121 homes on the market right now, from 5 agents publishing to HomesIndex, at a typical asking price 16% below the PR median sold price.
At the pace of the last twelve months' registered sales (6,450 in PR), the 121 homes listed here amount to about a week of supply. Not every agent publishes to HomesIndex, so the true figure is higher. That is a thin shelf: buyers here are choosing from little, and a well priced home is unlikely to wait long.
8% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Haighton Court, Fulwood, PR2, Fulwood
- Clyde Street, Preston, PR2, Preston
- Derby Crescent, Inskip, Preston
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every PR home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Listed against sold: the PR mix
Sellers of flats in PR have company: 58% of current listings against 8% of recent sales. When a type is offered faster than it sells, the buyer usually holds the better hand.
| Type | Share of homes for sale now | Share of sales, 2024 and 2025 |
|---|---|---|
| Detached | 7% | 33% |
| Semi-detached | 28% | 38% |
| Terraced | 8% | 21% |
| Flats | 58% | 8% |
Listings are the homes agents publish to HomesIndex today; sales are HM Land Registry registrations. A listing whose type does not say detached, semi-detached, terraced or flat (a plain "house", a bungalow, a park home) is left out of the listing shares (19 here).
When homes in PR change hands
March is when PR changes hands most (10.1% of the 47,364 sales dated 2021 to 2025); January is the quiet end at 6.5%. The spread between the busiest and quietest months is small, so timing matters less here than in most markets; price and presentation decide more than the calendar.
Sales by month, 2021 to 2025
| Month | Sales | Share |
|---|---|---|
| January | 3,072 | 6.5% |
| February | 3,564 | 7.5% |
| March | 4,792 | 10.1% |
| April | 3,196 | 6.7% |
| May | 3,496 | 7.4% |
| June | 4,356 | 9.2% |
| July | 3,869 | 8.2% |
| August | 4,312 | 9.1% |
| September | 4,634 | 9.8% |
| October | 4,125 | 8.7% |
| November | 3,896 | 8.2% |
| December | 4,052 | 8.6% |
Moving up a bedroom in PR: the cost
The Land Registry record, split by size: what each kind of home actually sold for across the PR area. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | £215,000 | £250,000 (+16%) | £289,995 (+16%) | £357,000 (+23%) | £450,000 (+26%) |
| Semi-detached | £165,000 | £183,000 (+11%) | £210,000 (+15%) | £253,375 (+21%) | £325,000 (+28%) |
| Terraced | £130,000 | £138,000 (+6%) | £152,500 (+11%) | £190,000 (+25%) | £231,250 (+22%) |
| Flat | £90,000 | £115,000 (+28%) | £148,000 (+29%) | £205,000 (+39%) | £270,000 (+32%) |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
The risers and the 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 districts that gained and lost most in cash terms, each row linking through to its own report.
District by district
The spread inside PR matters more than its average. These are its districts with enough sales to measure, priciest first, each with a full report of its own.
| District | Median (2026) | 5-year | Sales |
|---|---|---|---|
| PR26 Leyland, Bretherton | £275,000 | +20% | 79 |
| PR3 Barnacre-with-Bonds, Barton | £266,400 | -3% | 302 |
| PR4 Becconsall, Catforth | £254,000 | +10% | 487 |
| PR8 Ainsdale, Birkdale | £240,000 | +14% | 376 |
| PR6 Abbey Village, Adlington | £237,500 | +25% | 235 |
| PR7 Adlington, Buckshaw Village | £222,000 | +23% | 441 |
| PR25 Leyland, Clayton-le-Woods | £210,000 | +16% | 229 |
| PR9 Banks, Churchtown | £202,000 | +14% | 324 |
| PR2 Ashton On Ribble, Brookfield | £200,000 | +16% | 470 |
| PR5 Bamber Bridge, Coupe Green | £185,000 | +7% | 270 |
| PR1 City Centre, Avenham | £170,000 | +21% | 290 |
Selling in PR? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in PR, open the average prices map and zoom from the PR shading down to the sold homes on your own street. Every recorded PR sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to PR. Free after a one click sign in.
See every individual PR sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. 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.