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PR1 9 local market report Preston

Every figure on this page comes from the public record: 7,389 sales registered with HM Land Registry in PR1 9 (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 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

PR1 9 is a postcode sector: one group of streets inside PR1 (Preston). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.

Where PR1 9 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.

£197,500median sold price, 2026
+18%five-year change (cash)
58sales in the last 12 months
4.8%gross rental yield (est.)

What a home in PR1 9 sells for

The 2026 median in PR1 9 is £197,500, from 58 registered sales; the mean, £209,900, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £273,500, so PR1 9 trades 28% below the country as a whole.

The price of a typical PR1 9 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: £46,200 at the time · £98,086 in today's money · 203 sales1996: £45,000 at the time · £92,687 in today's money · 176 sales1997: £48,700 at the time · £97,541 in today's money · 256 sales1998: £51,000 at the time · £100,543 in today's money · 219 sales1999: £53,000 at the time · £103,159 in today's money · 242 sales2000: £55,200 at the time · £105,800 in today's money · 300 sales2001: £59,500 at the time · £111,714 in today's money · 281 sales2002: £69,600 at the time · £127,893 in today's money · 342 sales2003: £85,000 at the time · £152,934 in today's money · 313 sales2004: £129,800 at the time · £230,237 in today's money · 364 sales2005: £125,000 at the time · £217,254 in today's money · 308 sales2006: £128,000 at the time · £217,002 in today's money · 310 sales2007: £137,000 at the time · £226,963 in today's money · 319 sales2008: £130,000 at the time · £208,121 in today's money · 139 sales2009: £124,000 at the time · £194,676 in today's money · 130 sales2010: £128,200 at the time · £196,355 in today's money · 134 sales2011: £128,000 at the time · £188,718 in today's money · 131 sales2012: £133,500 at the time · £191,906 in today's money · 150 sales2013: £129,000 at the time · £181,283 in today's money · 163 sales2014: £125,000 at the time · £173,193 in today's money · 216 sales2015: £139,500 at the time · £192,510 in today's money · 238 sales2016: £140,000 at the time · £191,287 in today's money · 240 sales2017: £145,000 at the time · £193,147 in today's money · 193 sales2018: £149,500 at the time · £194,632 in today's money · 266 sales2019: £160,000 at the time · £204,824 in today's money · 239 sales2020: £178,000 at the time · £225,565 in today's money · 212 sales2021: £167,500 at the time · £207,124 in today's money · 265 sales2022: £185,000 at the time · £211,867 in today's money · 246 sales2023: £187,500 at the time · £201,205 in today's money · 219 sales2024: £200,000 at the time · £207,675 in today's money · 266 sales2025: £190,500 at the time · £190,500 in today's money · 251 sales2026: £197,500 at the time · £197,500 in today's money · 58 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£197,500£197,50058
2025£190,500£190,500251
2024£200,000£207,675266
2023£187,500£201,205219
2022£185,000£211,867246
2021£167,500£207,124265
2020£178,000£225,565212
2019£160,000£204,824239
2018£149,500£194,632266
2017£145,000£193,147193
2016£140,000£191,287240
2015£139,500£192,510238
2014£125,000£173,193216
2013£129,000£181,283163
2012£133,500£191,906150
2011£128,000£188,718131
2010£128,200£196,355134
2009£124,000£194,676130
2008£130,000£208,121139
2007£137,000£226,963319
2006£128,000£217,002310
2005£125,000£217,254308
2004£129,800£230,237364
2003£85,000£152,934313
2002£69,600£127,893342
2001£59,500£111,714281
2000£55,200£105,800300
1999£53,000£103,159242
1998£51,000£100,543219
1997£48,700£97,541256
1996£45,000£92,687176
1995£46,200£98,086203

In cash terms the typical PR1 9 home went from £46,200 in 1995 to £197,500 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 101%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2004; the current median sits about 14% below that. Someone who bought at the 2004 peak has not yet seen that price back in real terms.

Year-on-year change in the PR1 9 median

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

+100% -100% 0% 1996 · −2.6% on the year before1997 · +8.2% on the year before1998 · +4.7% on the year before1999 · +3.9% on the year before2000 · +4.2% on the year before2001 · +7.8% on the year before2002 · +17.0% on the year before2003 · +22.1% on the year before2004 · +52.7% on the year before2005 · −3.7% on the year before2006 · +2.4% on the year before2007 · +7.0% on the year before2008 · −5.1% on the year before2009 · −4.6% on the year before2010 · +3.4% on the year before2011 · −0.2% on the year before2012 · +4.3% on the year before2013 · −3.4% on the year before2014 · −3.1% on the year before2015 · +11.6% on the year before2016 · +0.4% on the year before2017 · +3.6% on the year before2018 · +3.1% on the year before2019 · +7.0% on the year before2020 · +11.3% on the year before2021 · −5.9% on the year before2022 · +10.4% on the year before2023 · +1.4% on the year before2024 · +6.7% on the year before2025 · −4.8% on the year before2026 · +3.7% on the year before200020052010201520202026

The strongest year on record here is 2004 (+52.7% on the year before); the weakest, 2021 (−5.9%). 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)+3.7%+3.7%
5 years (since 2021)+3.3%−0.9%
10 years (since 2016)+3.5%+0.3%
20 years (since 2006)+2.2%−0.5%

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.

250500 1995: 203 sales1996: 176 sales1997: 256 sales1998: 219 sales1999: 242 sales2000: 300 sales2001: 281 sales2002: 342 sales2003: 313 sales2004: 364 sales2005: 308 sales2006: 310 sales2007: 319 sales2008: 139 sales2009: 130 sales2010: 134 sales2011: 131 sales2012: 150 sales2013: 163 sales2014: 216 sales2015: 238 sales2016: 240 sales2017: 193 sales2018: 266 sales2019: 239 sales2020: 212 sales2021: 265 sales2022: 246 sales2023: 219 sales2024: 266 sales2025: 251 sales2026: 58 sales1995200020052010201520202026

PR1 9 recorded 58 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 317 sales a year before the financial crisis and 208 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 PR1 9

PR1 9 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.

1 bed: £573 a month£5731 bed2 bed: £723 a month£7232 bed3 bed: £849 a month£8493 bed4+ bed: £1,240 a month£1,2404+ bed

Set against the £197,500 median sold price, £782 a month is £9,384 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 PR1 9 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 18% over five years in cash but down 5% 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.

The risers and the fallers

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

Other street groups in PR1

Prices can differ sharply between two sectors a few minutes' walk apart. The rest of PR1, each linking to its own report:

SectorMedian (latest)Sales that year
PR1 0£280,00033
PR1 1£110,0005
PR1 2£155,0004
PR1 3£105,50011
PR1 4£98,50019
PR1 5£110,00031
PR1 6£127,00023
PR1 7£114,20022
PR1 8£117,50024

Zoom out to the full PR1 district report for the type split, monthly volumes and how PR1 compares with its neighbours.

Dig further

Answers come from the same Land Registry data behind this report, and the AI knows you are asking about PR1 9. Free, with a one click sign in.

See every individual PR1 9 sale on the live map, mapped to the exact address, or the quick-reference PR1 9 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.

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