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Preston property prices

The average property price in Preston city is £147k. The average price increased by £9.6k (7%) over the last twelve months. The price of an established property is £147k. The price of a newly built property is £171k. There were 1.2k property sales and sales dropped by 23.2% (-385 transactions). Most properties were sold in the £100k-£150k price range with 354 (29.8%) properties sold, followed by £50k-£100k price range with 351 (29.5%) properties sold.

June 2020 - May 2021

Preston city

England and Wales

£147k

average property price

£332k

average property price

7%

average price percentage change

10%

average price percentage change

£9.6k

average price change

£30.7k

average price change

Preston house prices map

This price map shows the average property price in a given postcode sector between June 2020 - May 2021. The most affordable place was 'PR1 2' with the average price of £68.6k. The most expensive place was 'PR2 8', £219k.

Preston house prices map

Preston house prices compared to other cities

Comparison of the average property price and an average price percentage change by city. Price % change compares the average property price between June 2020 - May 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in city.

Preston house prices compared to other citiesAverage price percentage change
Average property price

Preston house price rank

With the average price of £147k, Preston is the 20. cheapest city out of 113 England and Wales' cities.

Preston house price rank

Preston property sales share by price range

shows a number of properties sold in a given price range between June 2020 - May 2021.

Preston property sales share by price range
Property price rangeMarket shareSales volumes
under £50k2.6%31
£50k-£100k29.5%351
£100k-£150k29.8%354
£150k-£200k19.3%230
£200k-£250k9.7%115
£250k-£300k4.5%53
£300k-£400k3.5%42
£400k-£500k0.6%7
£500k-£750k0.4%5
£750k-£1M0.1%1

Preston cost comparison of new homes and older homes

June 2020 - May 2021

Preston cost comparison of new homes and older homes

£171k

A newly built property

£147k

An established property

Preston cost comparison of houses and flats

June 2020 - May 2021

Preston cost comparison of houses and flats

£251k

Detached

£78.3k

Flat

£167k

Semi-Detached

£105k

Terraced

Preston real house prices

Yearly average nominal house prices adjusted for inflation.

Preston real house prices

Preston house prices compared to England & Wales' house prices

Yearly average nominal prices

Preston house prices

Preston house prices and nearby cities

Yearly average nominal prices

Preston house prices and nearby cities

Preston house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Preston house prices new vs established

Preston house prices by property type

Yearly average nominal prices

Preston house prices by property type

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