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PR5 6 local market report Preston

Every figure on this page comes from the public record: 6,842 sales registered with HM Land Registry in PR5 6 (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.

PR5 6 is a postcode sector: one group of streets inside PR5 (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 PR5 6 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.

£148,000median sold price, 2026
-12%five-year change (cash)
47sales in the last 12 months
6.4%gross rental yield (est.)

What a home in PR5 6 sells for

The 2026 median in PR5 6 is £148,000, from 47 registered sales; the mean, £167,300, 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 PR5 6 trades 46% below the country as a whole.

The price of a typical PR5 6 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: £38,400 at the time · £81,526 in today's money · 126 sales1996: £41,000 at the time · £84,448 in today's money · 165 sales1997: £40,000 at the time · £80,116 in today's money · 196 sales1998: £48,000 at the time · £94,629 in today's money · 186 sales1999: £43,200 at the time · £84,085 in today's money · 150 sales2000: £44,000 at the time · £84,333 in today's money · 189 sales2001: £59,700 at the time · £112,090 in today's money · 304 sales2002: £62,700 at the time · £115,214 in today's money · 326 sales2003: £79,000 at the time · £142,138 in today's money · 245 sales2004: £100,000 at the time · £177,378 in today's money · 255 sales2005: £119,000 at the time · £206,826 in today's money · 321 sales2006: £125,000 at the time · £211,916 in today's money · 395 sales2007: £124,000 at the time · £205,426 in today's money · 275 sales2008: £125,000 at the time · £200,116 in today's money · 136 sales2009: £110,000 at the time · £172,696 in today's money · 97 sales2010: £120,000 at the time · £183,796 in today's money · 105 sales2011: £105,000 at the time · £154,808 in today's money · 101 sales2012: £110,000 at the time · £158,125 in today's money · 84 sales2013: £108,000 at the time · £151,772 in today's money · 123 sales2014: £131,200 at the time · £181,783 in today's money · 227 sales2015: £132,000 at the time · £182,160 in today's money · 265 sales2016: £130,000 at the time · £177,624 in today's money · 240 sales2017: £129,800 at the time · £172,900 in today's money · 224 sales2018: £130,000 at the time · £169,245 in today's money · 230 sales2019: £150,000 at the time · £192,022 in today's money · 233 sales2020: £172,900 at the time · £219,102 in today's money · 236 sales2021: £168,500 at the time · £208,360 in today's money · 320 sales2022: £196,000 at the time · £224,465 in today's money · 374 sales2023: £180,500 at the time · £193,694 in today's money · 228 sales2024: £186,200 at the time · £193,345 in today's money · 220 sales2025: £184,000 at the time · £184,000 in today's money · 219 sales2026: £148,000 at the time · £148,000 in today's money · 47 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£148,000£148,00047
2025£184,000£184,000219
2024£186,200£193,345220
2023£180,500£193,694228
2022£196,000£224,465374
2021£168,500£208,360320
2020£172,900£219,102236
2019£150,000£192,022233
2018£130,000£169,245230
2017£129,800£172,900224
2016£130,000£177,624240
2015£132,000£182,160265
2014£131,200£181,783227
2013£108,000£151,772123
2012£110,000£158,12584
2011£105,000£154,808101
2010£120,000£183,796105
2009£110,000£172,69697
2008£125,000£200,116136
2007£124,000£205,426275
2006£125,000£211,916395
2005£119,000£206,826321
2004£100,000£177,378255
2003£79,000£142,138245
2002£62,700£115,214326
2001£59,700£112,090304
2000£44,000£84,333189
1999£43,200£84,085150
1998£48,000£94,629186
1997£40,000£80,116196
1996£41,000£84,448165
1995£38,400£81,526126

In cash terms the typical PR5 6 home went from £38,400 in 1995 to £148,000 in 2026, roughly 3.9 times the price. Even after inflation that is a real rise of about 82%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2022; the current median sits about 34% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.

Year-on-year change in the PR5 6 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 · +6.8% on the year before1997 · −2.4% on the year before1998 · +20.0% on the year before1999 · −10.0% on the year before2000 · +1.9% on the year before2001 · +35.7% on the year before2002 · +5.0% on the year before2003 · +26.0% on the year before2004 · +26.6% on the year before2005 · +19.0% on the year before2006 · +5.0% on the year before2007 · −0.8% on the year before2008 · +0.8% on the year before2009 · −12.0% on the year before2010 · +9.1% on the year before2011 · −12.5% on the year before2012 · +4.8% on the year before2013 · −1.8% on the year before2014 · +21.5% on the year before2015 · +0.6% on the year before2016 · −1.5% on the year before2017 · −0.2% on the year before2018 · +0.2% on the year before2019 · +15.4% on the year before2020 · +15.3% on the year before2021 · −2.5% on the year before2022 · +16.3% on the year before2023 · −7.9% on the year before2024 · +3.2% on the year before2025 · −1.2% on the year before2026 · −19.6% on the year before200020052010201520202026

The strongest year on record here is 2001 (+35.7% on the year before); the weakest, 2026 (−19.6%). 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)−19.6%−19.6%
5 years (since 2021)−2.6%−6.6%
10 years (since 2016)+1.3%−1.8%
20 years (since 2006)+0.8%−1.8%

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: 126 sales1996: 165 sales1997: 196 sales1998: 186 sales1999: 150 sales2000: 189 sales2001: 304 sales2002: 326 sales2003: 245 sales2004: 255 sales2005: 321 sales2006: 395 sales2007: 275 sales2008: 136 sales2009: 97 sales2010: 105 sales2011: 101 sales2012: 84 sales2013: 123 sales2014: 227 sales2015: 265 sales2016: 240 sales2017: 224 sales2018: 230 sales2019: 233 sales2020: 236 sales2021: 320 sales2022: 374 sales2023: 228 sales2024: 220 sales2025: 219 sales2026: 47 sales1995200020052010201520202026

PR5 6 recorded 47 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 289 sales a year before the financial crisis and 218 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 PR5 6

PR5 6 falls under South Ribble, 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 £148,000 median sold price, £793 a month is £9,516 a year, a gross yield of 6.4%: 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 PR5 6 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 12% over five years in cash but down 29% 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 PR5

Prices can differ sharply between two sectors a few minutes' walk apart. The rest of PR5, each linking to its own report:

SectorMedian (latest)Sales that year
PR5 0£268,00025
PR5 4£167,90050
PR5 5£177,50036
PR5 8£164,00014

Zoom out to the full PR5 district report for the type split, monthly volumes and how PR5 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 PR5 6. Free, with a one click sign in.

See every individual PR5 6 sale on the live map, mapped to the exact address, or the quick-reference PR5 6 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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