Real sold price data from HM Land Registry · Last 5 years · Excludes most recent 3 months (reporting lag)
Property Market Overview Preston's residential market has seen substantial activity over the past five years, with nearly 26,000 sales recorded. The median price of £217,000 sits notably below the mean of £246,536, indicating that a proportion of higher-value sales pull the average upwards. Overall values have risen 14.3% across the five-year period, though recent months show some moderation from the 2024 peak.
Property Types and Price Differences Detached homes command significantly higher prices at £360,257, roughly 2.7 times the cost of terraced properties and nearly three times that of flats. Semi-detached houses, the most commonly sold type, sit in the middle at £207,940, while flats represent the most affordable segment at £127,620. Terraced properties and semi-detached homes together account for the bulk of market activity.
Price Trends Over Time Prices climbed steadily from 2021 to 2024, peaking at £257,300 before easing back to £232,535 in the last twelve months. This recent dip aligns the market closer to its longer-term average, suggesting a normalisation after several years of growth.
What Stands Out Semi-detached and detached homes drive the market, representing over 70% of all sales combined. The price range is considerable—from £65,000 to £390,000—reflecting diverse neighbourhood characteristics and property conditions across the town.
Blue bars: average sold price each year. – – official HM Land Registry price trend (mix-adjusted), aligned to this area.
| Street | Sales | Avg Price |
|---|---|---|
| Garstang Road | 174 | £313,331 |
| Preston Road | 143 | £363,550 |
| Station Road | 129 | £259,659 |
| Beaminster Avenue | 118 | £165,562 |
| Blackpool Road | 105 | £216,897 |
| Liverpool Road | 94 | £340,247 |
| Lytham Road | 82 | £190,475 |
| Percy Street | 80 | £154,139 |
| Maxy House Road | 79 | £264,004 |
| Leyland Road | 77 | £173,987 |
| Date | Address | Postcode | Price | Type |
|---|---|---|---|---|
| Jan 2026 | 57 Grafton Street | PR1 8JH | £65,000 | Terraced |
| Jan 2026 | 28 Northgate | PR3 2BB | £200,000 | Semi-detached |
| Jan 2026 | 130 Tulketh Brow | PR2 2SJ | £150,000 | Terraced |
| Jan 2026 | 16 Blackthorn Close | PR4 3TU | £390,000 | Detached |
| Jan 2026 | 9 Mounsey Road | PR5 6LS | £110,000 | Terraced |
| Jan 2026 | 26 Hesketh Street | PR2 2RY | £120,000 | Terraced |
| Jan 2026 | 3 Frenchwood Street | PR1 3ST | £105,500 | Terraced |
| Jan 2026 | 3 Long Butts | PR1 9EE | £200,000 | Terraced |
| Jan 2026 | 113A Todd Lane North | PR5 5UP | £378,000 | Detached |
| Jan 2026 | 13 Oakengate | PR2 9AE | £276,000 | Detached |
This overview shows overall trends, but property values vary significantly by postcode, property type, and time period.
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Yes. The average property price in Preston has increased by 14% over the past 5 years, with the current mean price at £246,536 and the median at £217,000.
The mean average property price in Preston is £246,536 based on 25,823 sales over the last 5 years. The median price (the middle value, less affected by extremes) is £217,000.
The most expensive property type in Preston is detached homes, averaging £360,257. The most affordable is flats, averaging £127,620. There have been 25,823 total sales in the last 5 years.
There have been 25,823 property sales recorded in Preston over the past 5 years, based on HM Land Registry data. The busiest street is Garstang Road with 174 sales.
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