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PR4 1 local market report Preston

Every figure on this page comes from the public record: 5,882 sales registered with HM Land Registry in PR4 1 (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.

PR4 1 is a postcode sector: one group of streets inside PR4 (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 PR4 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.

£195,500median sold price, 2026
+3%five-year change (cash)
51sales in the last 12 months
5.3%gross rental yield (est.)

What a home in PR4 1 sells for

The 2026 median in PR4 1 is £195,500, from 51 registered sales; the mean, £205,700, 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 PR4 1 trades 29% below the country as a whole.

The price of a typical PR4 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.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202026 1995: £48,500 at the time · £102,969 in today's money · 110 sales1996: £52,000 at the time · £107,104 in today's money · 160 sales1997: £51,000 at the time · £102,148 in today's money · 220 sales1998: £55,000 at the time · £108,429 in today's money · 183 sales1999: £56,500 at the time · £109,972 in today's money · 229 sales2000: £60,000 at the time · £115,000 in today's money · 187 sales2001: £60,000 at the time · £112,653 in today's money · 226 sales2002: £68,200 at the time · £125,321 in today's money · 250 sales2003: £98,500 at the time · £177,223 in today's money · 233 sales2004: £124,000 at the time · £219,949 in today's money · 181 sales2005: £130,000 at the time · £225,945 in today's money · 145 sales2006: £148,500 at the time · £251,757 in today's money · 185 sales2007: £145,000 at the time · £240,216 in today's money · 205 sales2008: £145,000 at the time · £232,135 in today's money · 75 sales2009: £140,000 at the time · £219,795 in today's money · 80 sales2010: £135,000 at the time · £206,770 in today's money · 101 sales2011: £135,000 at the time · £199,038 in today's money · 81 sales2012: £136,800 at the time · £196,650 in today's money · 86 sales2013: £140,000 at the time · £196,741 in today's money · 135 sales2014: £139,000 at the time · £192,590 in today's money · 160 sales2015: £149,500 at the time · £206,310 in today's money · 194 sales2016: £158,000 at the time · £215,881 in today's money · 221 sales2017: £164,300 at the time · £218,855 in today's money · 250 sales2018: £175,300 at the time · £228,221 in today's money · 200 sales2019: £168,200 at the time · £215,321 in today's money · 244 sales2020: £192,000 at the time · £243,306 in today's money · 215 sales2021: £190,000 at the time · £234,946 in today's money · 343 sales2022: £205,000 at the time · £234,772 in today's money · 339 sales2023: £213,200 at the time · £228,784 in today's money · 222 sales2024: £205,000 at the time · £212,867 in today's money · 174 sales2025: £215,000 at the time · £215,000 in today's money · 197 sales2026: £195,500 at the time · £195,500 in today's money · 51 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£195,500£195,50051
2025£215,000£215,000197
2024£205,000£212,867174
2023£213,200£228,784222
2022£205,000£234,772339
2021£190,000£234,946343
2020£192,000£243,306215
2019£168,200£215,321244
2018£175,300£228,221200
2017£164,300£218,855250
2016£158,000£215,881221
2015£149,500£206,310194
2014£139,000£192,590160
2013£140,000£196,741135
2012£136,800£196,65086
2011£135,000£199,03881
2010£135,000£206,770101
2009£140,000£219,79580
2008£145,000£232,13575
2007£145,000£240,216205
2006£148,500£251,757185
2005£130,000£225,945145
2004£124,000£219,949181
2003£98,500£177,223233
2002£68,200£125,321250
2001£60,000£112,653226
2000£60,000£115,000187
1999£56,500£109,972229
1998£55,000£108,429183
1997£51,000£102,148220
1996£52,000£107,104160
1995£48,500£102,969110

In cash terms the typical PR4 1 home went from £48,500 in 1995 to £195,500 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 90%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2006; the current median sits about 22% below that. Someone who bought at the 2006 peak has not yet seen that price back in real terms.

Year-on-year change in the PR4 1 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 · +7.2% on the year before1997 · −1.9% on the year before1998 · +7.8% on the year before1999 · +2.7% on the year before2000 · +6.2% on the year before2001 · +0.0% on the year before2002 · +13.7% on the year before2003 · +44.4% on the year before2004 · +25.9% on the year before2005 · +4.8% on the year before2006 · +14.2% on the year before2007 · −2.4% on the year before2008 · +0.0% on the year before2009 · −3.4% on the year before2010 · −3.6% on the year before2011 · +0.0% on the year before2012 · +1.3% on the year before2013 · +2.3% on the year before2014 · −0.7% on the year before2015 · +7.6% on the year before2016 · +5.7% on the year before2017 · +4.0% on the year before2018 · +6.7% on the year before2019 · −4.1% on the year before2020 · +14.1% on the year before2021 · −1.0% on the year before2022 · +7.9% on the year before2023 · +4.0% on the year before2024 · −3.8% on the year before2025 · +4.9% on the year before2026 · −9.1% on the year before200020052010201520202026

The strongest year on record here is 2003 (+44.4% on the year before); the weakest, 2026 (−9.1%). 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)−9.1%−9.1%
5 years (since 2021)+0.6%−3.6%
10 years (since 2016)+2.2%−1.0%
20 years (since 2006)+1.4%−1.3%

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: 110 sales1996: 160 sales1997: 220 sales1998: 183 sales1999: 229 sales2000: 187 sales2001: 226 sales2002: 250 sales2003: 233 sales2004: 181 sales2005: 145 sales2006: 185 sales2007: 205 sales2008: 75 sales2009: 80 sales2010: 101 sales2011: 81 sales2012: 86 sales2013: 135 sales2014: 160 sales2015: 194 sales2016: 221 sales2017: 250 sales2018: 200 sales2019: 244 sales2020: 215 sales2021: 343 sales2022: 339 sales2023: 222 sales2024: 174 sales2025: 197 sales2026: 51 sales1995200020052010201520202026

PR4 1 recorded 51 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 197 sales a year recently, against 202 a year before 2008. 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 PR4 1

PR4 1 falls under Fylde, where the ONS puts the average private rent at £858 a month (May 2026 figures). A one-bed averages £601 a month here and a four-or-more-bed £1,385, so size does most of the work in setting the rent.

Average monthly rent by size, Fylde

ONS Price Index of Private Rents, May 2026.

1 bed: £601 a month£6011 bed2 bed: £776 a month£7762 bed3 bed: £931 a month£9313 bed4+ bed: £1,385 a month£1,3854+ bed

Set against the £195,500 median sold price, £858 a month is £10,296 a year, a gross yield of 5.3%: 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 PR4 1 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 3% over five years in cash but down 17% 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 PR4

Prices can differ sharply between two sectors a few minutes' walk apart. The rest of PR4, each linking to its own report:

SectorMedian (latest)Sales that year
PR4 0£287,50079
PR4 2£220,00035
PR4 3£220,50035
PR4 4£242,50016
PR4 5£287,50024
PR4 6£262,50036

Zoom out to the full PR4 district report for the type split, monthly volumes and how PR4 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 PR4 1. Free, with a one click sign in.

See every individual PR4 1 sale on the live map, mapped to the exact address, or the quick-reference PR4 1 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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