Real sold price data from HM Land Registry · Last 5 years · Excludes most recent 3 months (reporting lag)
Property Market Overview Preston's property market has processed over 31,000 transactions in five years, with a mean price of £261,172. The market has contracted significantly, with prices down 31.8% across the period, and recent 12-month averages sitting at £181,375—notably lower than the longer-term mean.
Property Types and Price Differences Detached homes dominate in value at £358,581, roughly 2.9 times the price of flats (£125,117). Semi-detached properties at £203,249 form the largest segment by volume, while terraced houses and flats make up smaller portions of the market. The gap between detached and terraced homes is particularly pronounced at over £216,000.
Price Trends Over Time The five-year trend shows consistent decline, with 2023's peak of £272,069 followed by steady falls. Recent prices have dropped sharply, with the last 12 months averaging £181,375—a substantial dip from 2024's £259,131.
What Stands Out Semi-detached and detached homes account for the majority of sales volume, yet detached properties command substantially higher prices. The recent price floor of £98,000 and ceiling of £360,000 illustrates considerable diversity within the market across property types.
| Street | Sales | Avg Price |
|---|---|---|
| Garstang Road | 236 | £334,878 |
| Station Road | 199 | £246,899 |
| Percy Street | 172 | £164,446 |
| Preston Road | 168 | £365,022 |
| Blackpool Road | 151 | £316,519 |
| Bishopgate | 137 | £157,855 |
| New Hall Lane | 135 | £77,925 |
| Beaminster Avenue | 130 | £167,670 |
| Lytham Road | 112 | £220,974 |
| Liverpool Road | 101 | £340,007 |
| Date | Address | Postcode | Price | Type |
|---|---|---|---|---|
| Jan 2026 | 22 Fairfield Drive | PR2 1JJ | £136,500 | Terraced |
| Jan 2026 | 26 Moorland Crescent | PR2 6UR | £184,000 | Semi-detached |
| Jan 2026 | 265 Black Bull Lane | PR2 9YD | £307,000 | Semi-detached |
| Jan 2026 | 8 Miller Field | PR2 1XB | £98,000 | Terraced |
| Dec 2025 | 172A Hesketh Lane | PR4 6AT | £110,000 | Other |
| Dec 2025 | 75 Garstang Road | PR3 0HD | £255,000 | Detached |
| Dec 2025 | 9 Westleigh Road | PR2 1NP | £190,000 | Semi-detached |
| Dec 2025 | 264 Tag Lane | PR2 3TX | £200,000 | Semi-detached |
| Dec 2025 | 81 Longridge Road | PR2 6RH | £200,000 | Semi-detached |
| Dec 2025 | 37 Fareham Close | PR5 4JX | £360,000 | Detached |
This overview shows overall trends, but property values vary significantly by postcode, property type, and time period.
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Prices in Preston have decreased by 32% over the past 5 years. The current mean price is £261,172 and the median is £205,000.
The mean average property price in Preston is £261,172 based on 31,402 sales over the last 5 years. The median price (the middle value, less affected by extremes) is £205,000.
The most expensive property type in Preston is detached homes, averaging £358,581. The most affordable is flats, averaging £125,117. There have been 31,402 total sales in the last 5 years.
There have been 31,402 property sales recorded in Preston over the past 5 years, based on HM Land Registry data. The busiest street is Garstang Road with 236 sales.
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