Data from Land Registry, ONS, Bank of England
Compare with another area →Key indicators for buyers
The Preston market looks favourable for buyers. Prices are rising at 5.2%, which may favour acting sooner rather than later. Affordability has improved from a peak of 6.5x in 2023 to 5.0x today. Rising rents (£775/mo, +7.8%) mean the cost of waiting is real.
Average sale prices · HM Land Registry / UK HPI
House price ÷ median earnings · ONS data
A home in Preston costs 5.0x the local median salary — moderate, improving from a peak of 6.5x in 2023.
Average monthly rent · ONS Private Rental Index
Average monthly rent in Preston is £775, up 7.8% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Preston price of £188,987 with a 25% deposit (£47k), a 2-year fixed mortgage at 3.97% costs around £746 per month.
Monthly cost comparison based on current data
Monthly mortgage payments (£746) are £29 less than renting (£775). However, buying requires an upfront deposit of £47k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
24, AVON GARDENS, COTTAM PR4 0NR | Semi-detached | £225,650 | 30 Jan 2026 |
31, LEADALE, LEA PR2 1YU | Detached | £300,000 | 23 Jan 2026 |
525, BLACKPOOL ROAD, ASHTON ON RIBBLE PR2 1EQ | Detached | £330,000 | 23 Jan 2026 |
66, LEVENSGARTH AVENUE, FULWOOD PR2 9YY | Detached | £265,000 | 23 Jan 2026 |
1, THE SIDINGS, BARTON PR3 5BN | Detached | £440,000 | 23 Jan 2026 |
6, ALFORD FOLD, FULWOOD PR2 3UU | Semi-detached | £243,000 | 23 Jan 2026 |
29, PREESALL ROAD, ASHTON ON RIBBLE PR2 1PQ | Terraced |
2postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in Preston sells for £188,987, up 5.2% over the past year. Prices have grown from around £46k in the mid-1990s.
| £143,000 |
| 23 Jan 2026 |
25, JEMMETT STREET PR1 7XH | Terraced | £111,000 | 23 Jan 2026 |
4, THE VINES, LEA TOWN PR4 0RF | Detached | £725,000 | 16 Jan 2026 |
6, THE AVENUE, LEA PR2 1RS | Semi-detached | £195,000 | 16 Jan 2026 |
117, FRENCHWOOD AVENUE PR1 4NE | Terraced | £185,000 | 16 Jan 2026 |
13, ROMAN ROAD PR1 4NQ | Terraced | £135,000 | 16 Jan 2026 |
36, THE RIDINGS, LONGRIDGE PR3 2DD | Semi-detached | £168,500 | 16 Jan 2026 |
20, CHISWELL ROAD, COTTAM PR4 0QR | Semi-detached | £220,000 | 16 Jan 2026 |
105, LYTHAM ROAD, FULWOOD PR2 3EW | Detached | £255,000 | 16 Jan 2026 |
5, CROFTGATE, FULWOOD PR2 8LS | Detached | £315,000 | 16 Jan 2026 |
5, HOYLES LANE, COTTAM PR4 0LB | Semi-detached | £240,000 | 15 Jan 2026 |
43, THE PASTURES, GRIMSARGH PR2 5JW | Detached | £270,000 | 14 Jan 2026 |
175, ELDON STREET, ASHTON ON RIBBLE PR2 2BA | Other | £152,500 | 13 Jan 2026 |
30, COTTAM GREEN, COTTAM PR4 0AB | Detached | £340,000 | 13 Jan 2026 |
The most recent recorded sale in Preston was a semi-detached property on Avon Gardens for £225,650 in January 2026. Across the last 20 sales, the median price was £243,000.