The average property price in Preston city is £178k, the median price is £139k. The average price increased by £15.5k (10%) over the last twelve months. The price of an established property is £178k. The price of a newly built property is £178k. There were 1.2k property sales and sales dropped by 26.4% (-474 transactions). Most properties were sold in the £100k-£150k price range with 421 (34.7%) properties sold, followed by £150k-£200k price range with 232 (19.1%) properties sold.
October 2023 - September 2024
Preston city
England & Wales
Average price
█ £178k
█ £344k
Median price
█ £139k
█ £270k
Preston property sales share by price range
shows a number of properties sold in a given price range between October 2023 - September 2024.
Property price range
Market share
Sales volume
█ under £50k
3.0%
37
█ £50k-£100k
18.3%
222
█ £100k-£150k
34.7%
421
█ £150k-£200k
19.1%
232
█ £200k-£250k
12.6%
153
█ £250k-£300k
5.8%
70
█ £300k-£400k
4.5%
55
█ £400k-£500k
1.2%
15
█ £500k-£750k
0.6%
7
█ over £1M
0.2%
2
Preston house prices map
This price map shows the average property price in a given postcode sector. The most affordable place is 'PR1 5' with the average price of £95.1k. The most expensive place is 'PR2 3', £307k.
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 October 2023 - September 2024 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.
Average price percentage changeAverage property price
Preston house price rank
With the average price of £178k, Preston is the 25. cheapest city out of 113 England and Wales' cities.
Price ranking
Rank
city
Average price
1.
Inner London
£845k
2.
St Albans
£641k
3.
Guildford
£577k
4.
Cambridge
£571k
5.
Bath
£568k
6.
Oxford
£565k
7.
Outer London
£562k
8.
Woking
£547k
9.
Brighton and Hove
£503k
10.
Watford
£454k
...
89.
Preston
£178k
...
103.
Bradford
£148k
104.
Kingston upon Hull
£148k
105.
Scunthorpe
£147k
106.
Middlesbrough
£140k
107.
Stockton-on-Tees
£140k
108.
Sunderland
£140k
109.
Blackpool
£139k
110.
Stoke-on-Trent
£138k
111.
Grimsby
£133k
112.
Burnley
£124k
113.
Hartlepool
£122k
Plumplot area insights - interactive charts and maps
Preston real house prices
Yearly average nominal house prices adjusted for inflation.
Real average price - nominal price adjusted for inflation
Year
Preston city
England & Wales
2024
£189k
£344k
2023
£179k
£390k
2022
£196k
£440k
2021
£201k
£434k
2020
£182k
£412k
2019
£185k
£394k
2018
£190k
£403k
2017
£189k
£412k
2016
£185k
£406k
2015
£185k
£394k
2014
£188k
£387k
2013
£195k
£380k
2012
£196k
£379k
2011
£200k
£389k
2010
£219k
£413k
2009
£227k
£371k
2008
£229k
£393k
2007
£254k
£415k
2006
£252k
£397k
2005
£245k
£379k
2004
£214k
£368k
2003
£177k
£331k
2002
£145k
£298k
2001
£133k
£262k
2000
£118k
£243k
1999
£120k
£221k
1998
£122k
£203k
1997
£123k
£192k
1996
£121k
£180k
1995
£124k
£177k
Preston house prices
Yearly average nominal prices compared to England & Wales' house prices
Nominal average price
Year
Preston city
England & Wales
2024
£189k
£344k
2023
£163k
£354k
2022
£160k
£361k
2021
£158k
£342k
2020
£141k
£320k
2019
£139k
£296k
2018
£139k
£294k
2017
£133k
£290k
2016
£127k
£280k
2015
£127k
£270k
2014
£125k
£258k
2013
£126k
£247k
2012
£123k
£238k
2011
£119k
£233k
2010
£125k
£236k
2009
£130k
£213k
2008
£126k
£217k
2007
£134k
£219k
2006
£129k
£204k
2005
£122k
£189k
2004
£104k
£179k
2003
£83.5k
£156k
2002
£67.2k
£138k
2001
£60.4k
£119k
2000
£52.4k
£108k
1999
£52.2k
£96.0k
1998
£51.0k
£85.4k
1997
£50.0k
£78.5k
1996
£48.2k
£71.5k
1995
£47.8k
£67.9k
Preston house prices per square metre
Yearly average nominal price per square metre compared to England & Wales' house prices
