Average sale prices · HM Land Registry / UK HPI
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.
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.
Monthly residential transactions · HMRC (seasonally adjusted)
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 |
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.
There were 94,680 residential property transactions across the UK in January 2026 (seasonally adjusted), down 0.8% compared to a year ago. The highest monthly volume on record was 204,980 in June 2021.
| £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.