That is the middle of 2,575 standard sales recorded by HM Land Registry from September 2023 to August 2026, against £277,000 in the typical UK town. The typical home sells for 3.9 times as much as in 1995. Below: what each type of home sells for, the spread of prices, every year since 1995, new builds, the busiest streets and the neighbours. Rents and council tax are on Cost of living.
2,575 homes sold in three years: 240 detached houses, 728 semi-detached houses, 1,238 terraced houses and 369 flats and maisonettes. A detached house sells for 2.4 times what a flat does.
Detached houses£268K
median sale · 240 sold in 3 years
Middle half
£211K–£323K
Last 12 months
£276K86 sold
New build
£355K
Semi-detached houses£175K
median sale · 728 sold in 3 years
Middle half
£152K–£213K
Last 12 months
£182K230 sold
Terraced houses£123K
median sale · 1,238 sold in 3 years
Middle half
£104K–£146K
Last 12 months
£128K339 sold
Flats and maisonettes£110K
median sale · 369 sold in 3 years
Middle half
£77K–£135K
Last 12 months
£97K76 sold
New build
£136K
The mix
A terraced town: half of homes sold are terraced
Detached houses9%
Semi-detached houses28%
Terraced houses48%
Flats and maisonettes14%
Standard sales, Sep 2023 to Aug 2026. A median needs 5 sales of a type; “middle half” is the 25th to 75th percentile of 10 or more.
Price range
Half of Preston’s homes sold for between £111K and £185K
One sale in ten was under £86K and one in ten over £240K. 91% sold for under £250K.
Sales by price · Sep 2023 to Aug 2026
The median, £140,000, sits in the £100–150K band
2,575 standard sales. Each bar is the number sold in that price band; the darker bar holds the median.
Since 1995
The typical home costs 3.9 times as much as in 1995, a slower rise than England’s
Land Registry has recorded every sale since 1995. The median went from £38,225 in 1995 to £150,000 in the last 12 months (£107,250 in 2019).
31 years of sales
Fewer homes sell than in most years
731 sales in the last 12 months, against 2,478 in 2002, the busiest year, and 832 in 2012. Sales fell by 57% from 2007 to 2009 in the financial crisis, and the median by 9%. 2021, the stamp duty holiday, saw 27% more sales than 2020.
Homes soldMedian sale price
Against England
Preston costs less than England as a whole
Median sale price each calendar year: Preston, every standard sale in England, and the typical UK town (the middle of the town medians, towns of 2,500 or more).
By type
Terraced houses rose the most since 1995
1995
2000
2005
2010
2015
2020
Last 12 months
Detached houses
£72K
£84K
£190K
£192K
£192K
£206K
£276K
Semi-detached houses
£48K
£53K
£120K
£120K
£125K
£138K
£182K
Terraced houses
£33K
£35K
£85K
£87K
£88K
£95K
£128K
Flats and maisonettes
£30K
£39K
£124K
£85K
£72K
£89K
£97K
Calendar years; a year’s median needs 5 sales of the type, so gaps are years with fewer.
Prices are as paid, not adjusted for inflation. Standard (category A) sales only; Land Registry adds a sale when it is registered, so the newest months fill in later.
New builds
Hardly any new homes: 0.7% of sales in the last 12 months
3,413 new homes have been sold in Preston since 1995; the share peaked at 19% in 2005.
New-build share of sales
Calendar years with 10 or more sales, then the last 12 months.
New builds and tenure · 3 years
A new home sold for a median £137,516
against £140,000 for a home sold on, about the same, over three years. New homes are often a different mix from the homes sold on, so part of the gap is size and type.
22% of sales were leasehold
Nearly every flat in England and Wales is leasehold; among houses, 9.5% sold leasehold in Preston. A leasehold buyer owns the home for a fixed term and may pay ground rent and service charges; check the lease before you buy.
Streets
Percy Street is Preston’s busiest street, with 81 sales in three years
183 streets had five or more sales from Sep 2023 to Aug 2026, 38 of them ten or more. A busy street is often a new estate selling its first homes, or a long road of terraces and flats.
#
Street
Postcode area
Sales
Median
Homes
1
Percy Street
PR1
81
£136,886
Mostly flats · new builds
2
Blackpool Road (PR2)
PR2
42
£192,500
Mostly semi-detached houses
3
New Hall Lane
PR1
30
£75,000
Mostly flats
4
Shelley Road
PR2
21
£135,000
Mostly terraced houses
5
Stocks Road
PR2
21
£128,000
Mostly terraced houses
6
Ashton Bank Way
PR2
19
£143,000
Mixed
7
West Park Avenue
PR2
17
£157,000
Mixed
8
Lulworth Avenue
PR2
16
£135,000
Mostly terraced houses
9
Royal Drive
PR2
16
£132,500
Mixed
10
Inkerman Street
PR2
16
£116,500
Mostly terraced houses
11
Savick Way
PR2
15
£160,000
Mostly semi-detached houses
12
Mountbatten Close
PR2
15
£120,000
Mostly flats
13
Ladybank Avenue
PR2
14
£148,000
Mixed
14
Princes Reach
PR2
14
£120,000
Mostly flats
15
Powis Road
PR2
13
£245,000
Mostly semi-detached houses
Dearest streets
Mulgrave Avenue: £350,000
Preston median£140K
Mulgrave Avenue£350K
Victoria Parade£326K
Oakengate£325K
Sycamore Close£300K
Bittern Street£300K
Cheapest streets
Samuel Street: £29,000
Preston median£140K
Samuel Street£29K
Grange Avenue£36K
Glenview Court£44K
Avenham Lane£50K
Bank Parade£72K
Among streets with five or more sales; the dearest street’s median is 12.1 times the cheapest’s. Street medians mix types: a street of detached houses beats one of flats.
Standard sales with a street name, grouped by street and postcode district (Sep 2023 to Aug 2026); a name used in two districts shows the district. Medians only: we don’t list individual sales.
Across Lancashire
Preston is the 56th most expensive of 65 towns in Lancashire
Preston is one of Lancashire’s cheapest towns to buy in; the typical UK town’s median is £277,000.
Median: standard sales over three years (10+ needed). Since 2016: the median over three years against 2016’s. Miles: centre to centre.
Questions about property prices in Preston
What is the average house price in Preston?
The median home in Preston sold for £140,000 from September 2023 to August 2026, across 2,575 standard sales (£150,000 in the last 12 months). By type: detached houses £268,247, semi-detached houses £175,000, terraced houses £123,000 and flats and maisonettes £110,000.
Are house prices going up in Preston?
The median was £144,475 in 2025, up 7% on 2024 (£135,000), and £150,000 in the last 12 months. A town’s median moves with the mix of homes sold each year as well as with prices.
How many homes sell in Preston each year?
731 standard sales were recorded in the last 12 months, against an average of 1,007 a year since 2015. Repossessions, company purchases and other non-standard sales aren’t counted.
What are the most expensive streets in Preston?
Among streets with five or more sales in three years: Mulgrave Avenue (PR2, £350,000), Victoria Parade (PR2, £326,000) and Oakengate (PR2, £325,000).
How much does a new build cost in Preston?
New homes sold for a median £137,516 over three years, against £140,000 for homes sold on. New builds were 4.1% of sales.
Is Preston expensive for Lancashire?
Preston is the 53rd most expensive of 65 towns of 2,500 or more in Lancashire by median sale price.
Sources: HM Land Registry Price Paid, every standard sale since January 1995 (yearly files of 28 September 2026), inside the ONS 2022 built-up-area boundary by postcode (ONS Postcode Directory) · TownRatings grades: our own summary of the data, ranked against UK towns only. All under the Open Government Licence v3.0.
Photo: Thomas Nugent · CC BY-SA 2.0