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City Centre market report PR1 1, Preston
The PR1 1 (City Centre) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 1,165 registered sales in PR1 1 (Preston) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the 2026 median for PR1 1 (Preston) is £107,000, from 11 registered sales, up 19% on five years earlier; the mean is £120,100, and by floor area homes here have averaged about £2,610 per square metre over the last five years. Behind the figures sit 1,165 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
A postcode sector like PR1 1 is a single group of streets within PR1 (Preston), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where PR1 1 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.
What a home in PR1 1 sells for
The PR1 1 median stands at £107,000 for 2026, built from 11 registered sales; the mean, the figure usually quoted as the "average house price", is £120,100, modestly above it, the usual shape of a market with an expensive tail.
PR1 1 prices by floor area
By floor space, homes in PR1 1 have sold for about £2,610 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
For scale: the England and Wales median is £285,000, so PR1 1 trades 62% below the country as a whole.
The price of a typical PR1 1 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.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £107,000 | £107,000 | 11 |
| 2025 | £120,000 | £122,870 | 13 |
| 2024 | £112,200 | £119,292 | 18 |
| 2023 | £135,100 | £148,442 | 94 |
| 2022 | £123,800 | £145,170 | 84 |
| 2021 | £90,000 | £113,952 | 23 |
| 2020 | £97,500 | £126,508 | 9 |
| 2019 | £93,000 | £121,901 | 13 |
| 2018 | £80,500 | £107,308 | 14 |
| 2017 | £84,800 | £115,659 | 30 |
| 2016 | £100,000 | £139,901 | 21 |
| 2015 | £103,500 | £146,246 | 21 |
| 2014 | £79,000 | £112,075 | 25 |
| 2013 | £67,500 | £97,126 | 16 |
| 2012 | £79,800 | £117,456 | 26 |
| 2011 | £78,500 | £118,505 | 23 |
| 2010 | £105,000 | £164,667 | 23 |
| 2009 | £79,500 | £127,797 | 21 |
| 2008 | £99,000 | £162,282 | 33 |
| 2007 | £127,400 | £216,106 | 122 |
| 2006 | £115,700 | £200,840 | 61 |
| 2005 | £80,000 | £142,368 | 47 |
| 2004 | £95,000 | £172,539 | 81 |
| 2003 | £49,200 | £90,638 | 56 |
| 2002 | £36,500 | £68,674 | 55 |
| 2001 | £31,000 | £59,596 | 39 |
| 2000 | £22,000 | £43,175 | 27 |
| 1999 | £32,000 | £63,774 | 33 |
| 1998 | £30,000 | £60,557 | 35 |
| 1997 | £34,000 | £69,727 | 35 |
| 1996 | £30,200 | £63,690 | 26 |
| 1995 | £31,800 | £69,128 | 30 |
In cash terms the typical PR1 1 home went from £31,800 in 1995 to £107,000 in 2026, roughly 3.4 times the price. Inflation explains only part of it: in today's money the rise is still about 55%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2007. The market now sits about 50% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the PR1 1 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 (+93.1% on the year before); the weakest, 2000 (−31.3%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −10.8% | −12.9% |
| 5 years (since 2021) | +3.5% | −1.3% |
| 10 years (since 2016) | +0.7% | −2.6% |
| 20 years (since 2006) | −0.4% | −3.1% |
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 PR1 1
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
PR1 1 recorded 11 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 61 sales a year before the financial crisis and 44 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What homes rent for around PR1 1
PR1 1 falls under Preston, where the ONS puts the average private rent at £782 a month (May 2026 figures). A one-bed averages £573 a month here and a four-or-more-bed £1,240, so size does most of the work in setting the rent.
Average monthly rent by size, Preston
ONS Price Index of Private Rents, May 2026.
Against the £107,000 median purchase price, a rent of £782 a month (£9,384 a year) works out at a 8.8% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
How PR1 1 trades
This is a thin market: 11 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Within PR1, this sector trades 37% below the district median: one of its district's cheaper corners.
Common questions on PR1 1 (City Centre)
How much did a house sell for in PR1 1 (City Centre)?
Are property prices falling in PR1 1 (City Centre)?
Is PR1 1 (City Centre) a good place to buy a house?
Are PR1 1 prices heading up or down?
No honest page predicts prices, so this one sticks to the record: the median is up 19% over five years in cash but down 6% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
PR1's current homes for sale
The live side of the market holds 86 homes at the moment, listed by 5 agents publishing to HomesIndex.
These cover the whole PR1 district, not just PR1 1: live asking prices are collected per district.
25% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
- Bishopgate, PRESTON, Lancashire, PR1
- St. Davids Road, Preston, Lancashire,...
- Manor House Lane, Preston, Lancashire...
"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 PR1 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Bedroom by bedroom: PR prices by size
Real sold prices by size across the PR area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £243,000 | £325,000 (+34%) | £475,000 (+46%) | £654,500 (+38%) |
| Semi-detached | £164,975 | £189,950 (+15%) | £228,000 (+20%) | £295,000 (+29%) | £410,000 (+39%) |
| Terraced | £126,180 | £138,000 (+9%) | £167,850 (+22%) | £233,000 (+39%) | £300,000 (+29%) |
| Flat | £98,000 | £130,000 (+33%) | £195,000 (+50%) | £280,000 (+44%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. 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.
Other sectors in PR1
A few minutes' walk can separate two very different markets. Here are PR1's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PR1 0 | £304,500 | 47 |
| PR1 2 | £98,500 | 2 |
| PR1 3 | £150,000 | 5 |
| PR1 4 | £142,500 | 16 |
| PR1 5 | £106,800 | 30 |
| PR1 6 | £129,000 | 26 |
| PR1 7 | £116,200 | 14 |
| PR1 8 | £115,000 | 19 |
| PR1 9 | £197,500 | 80 |
Zoom out to the full PR1 district report for the type split, monthly volumes and how PR1 compares with its neighbours.
Selling a home in PR1 1? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in PR1 1, use the average prices map for a rough value: zoom from PR1 1's shading down to the sold homes on your own street. The figures above are every recorded PR1 1 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working PR1 1: the featured spot on this report is free for founding agents, one per district. Claim PR1 1.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to PR1 1. Free after a one click sign in.
See every individual PR1 1 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.