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House Prices in PR4 House Prices in PR4 (Preston)

The average house price in PR4 (Preston) is £275,655 using HM Land Registry data.

The average property price increased by £47,535 (38.52%) over the last 5 years and increased by £9,522 (5.36%) over the last 12 months.

Over the last year, there were 774 residential property sales – a decrease of 288 transactions (-37.21%) relative to the previous year. The majority of house sales (205) were in the £194,000 - £258,000 range. Then came properties in the £130,000 - £194,000 range, where 156 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 148 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,477 (-3%).

In January 2025, there were 188 new estate agency instructions, 118 agreed home sales and 93 property price reductions.

Nearby Postcodes: BB1, BB2, BB6, BB7, FY1, FY2, FY3, FY4, FY5, FY6, FY7, FY8, L39, L40, LA2, PR1, PR2, PR25, PR26, PR3, PR5, PR6, PR7, PR8, PR9, WN6, WN8

5-Year Average Property Prices in PR4 (Preston)

38.52%

Property prices in PR4 (Preston) increased by 38.52% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PR4 (Preston) Over the Last Year

5.36%

Property prices in PR4 (Preston) increased by 5.36% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for PR4 (Preston) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PR4 (Preston)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PR4 (Preston)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PR4 (Preston)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PR4 (Preston) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PR4 postcode area since 1995.

Recent Sales in PR4 (Preston)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Eastfield, Mellor Road, Kirkham, Preston, Lancashire, PR4 2HP£350,000£340,000-£10,00024 Jun 202418 Dec 2024177 Days
7 Hall Croft, Hutton, Preston, Lancashire, PR4 5SS£250,000£250,000£010 Sep 202416 Dec 202497 Days
8 Chapel Close, Wesham, Preston, Lancashire, PR4 3HB£440,000£428,000-£12,00005 Aug 202416 Dec 2024133 Days
Fairfield, Park Avenue, Much Hoole, Preston, Lancashire, PR4 4QL£276,950£272,000-£4,95011 May 202413 Dec 2024216 Days
10 Hassall Drive, Elswick, Preston, Lancashire, PR4 3UP£210,000£202,500-£7,50018 Sep 202412 Dec 202485 Days
34 Shaftesbury Avenue, New Longton, Preston, Lancashire, PR4 4ZE£245,000£233,700-£11,30007 Jun 202411 Dec 2024187 Days
15 Astley Crescent, Freckleton, Preston, Lancashire, PR4 1RE£218,000£195,000-£23,00029 May 202411 Dec 2024196 Days
92 Preston Old Road, Freckleton, Preston, Lancashire, PR4 1PD£450,000£450,000£024 Apr 202409 Dec 2024229 Days
39 Bush Lane, Freckleton, Preston, Lancashire, PR4 1SB£220,000£220,000£023 Jul 202406 Dec 2024136 Days
4 Friary Close, Kirkham, Preston, Lancashire, PR4 2XH£189,995£182,500-£7,49513 Aug 202406 Dec 2024115 Days
5 Oak Lane, Newton, Preston, Lancashire, PR4 3RR£329,000£202,500-£126,50010 Aug 201306 Dec 20244136 Days
193 Liverpool Old Road, Much Hoole, Preston, Lancashire, PR4 4GB£295,000£285,000-£10,00031 May 202406 Dec 2024189 Days
30 Great Gill, Walmer Bridge, Preston, Lancashire, PR4 5QP£180,000£161,921-£18,07905 Jul 202202 Dec 2024881 Days
19 Cedar Close, Newton, Preston, Lancashire, PR4 3TZ£230,000£228,000-£2,00018 Sep 202429 Nov 202472 Days
15 Catherine Street, Wesham, Preston, Lancashire, PR4 3BP£169,950£160,000-£9,95010 Jun 202429 Nov 2024172 Days
85 Sidney Avenue, Hesketh Bank, Preston, Lancashire, PR4 6PD£230,000£225,000-£5,00001 Jul 202429 Nov 2024151 Days
4 Vale Royal, Kirkham, Preston, Lancashire, PR4 2YU£285,000£275,000-£10,00015 Aug 202422 Nov 202499 Days
17 School Street, Walmer Bridge, Preston, Lancashire, PR4 5QH£175,000£165,000-£10,00010 May 202420 Nov 2024194 Days
34 Greengate, Hutton, Preston, Lancashire, PR4 5FH£289,950£289,950£003 May 202420 Nov 2024201 Days
4 Primrose Close, Hesketh Bank, Preston, Lancashire, PR4 6TN£280,000£272,000-£8,00021 May 202420 Nov 2024183 Days

Most Expensive Streets in PR4 (Preston)

PostcodeStreetAreaAverageNo. of Sales
PR4 3PNBallam Road, WestbyPreston£923,8005
PR4 4BFMeadowcroft Gardens, WhitestakePreston£917,1878
PR4 0FTEdgewater Oaks, Lea TownPreston£855,8336
PR4 3NEGreat PlumptonPreston£761,8005
PR4 0BHEaves Lane, WoodplumptonPreston£755,9983
PR4 2EHChurch View Fold, Wrea GreenPreston£683,3333
PR4 1TNBryning Lane, WartonPreston£665,8633
PR4 2WQDubside, Wrea GreenPreston£665,0004
PR4 3SHChurch Road, TrealesPreston£664,6663
PR4 3PEMoss House Lane, WestbyPreston£649,3663

Least Expensive Streets in PR4 (Preston)

PostcodeStreetAreaAverageNo. of Sales
PR4 1RGMason Close, FreckletonPreston£78,17819
PR4 0QBVictory Road, Higher BartlePreston£85,1105
PR4 3AWWindmill View, WeshamPreston£97,1987
PR4 3FDPear Tree Close, WeshamPreston£98,2147
PR4 3ARPorter Street East, WeshamPreston£98,8336
PR4 2UNStanley Street, KirkhamPreston£99,1663
PR4 2JBSmith Street, KirkhamPreston£103,5004
PR4 6UWChurch View, TarletonPreston£105,8005
PR4 0WFGreenside, CottamPreston£108,4874
PR4 2JESunny Bank, KirkhamPreston£109,3005

Explore PR4 (Preston) using map

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