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House Prices in PR3 House Prices in PR3 (Preston)

The average house price in PR3 (Preston) is £305,131 using HM Land Registry data.

The average property price increased by £38,614 (17.67%) over the last 5 years and increased by £7,737 (2.82%) over the last 12 months.

Over the last year, there were 419 residential property sales – a decrease of 309 transactions (-73.75%) relative to the previous year. The majority of house sales (102) were in the £140,000 - £206,000 range. Then came properties in the £206,000 - £272,000 range, where 91 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,023 (-3%).

In Oct 24, there were new estate agency instructions, agreed home sales and property price reductions.

Nearby Postcodes: BB1, BB10, BB11, BB12, BB18, BB2, BB3, BB4, BB5, BB6, BB7, BB8, BB9, BD20, BD23, BD24, CA11, CA12, CA18, CA19, CA20, FY2, FY3, FY4, FY5, FY6, FY7, FY8, HX7, L40, LA1, LA11, LA12, LA17, LA18, LA19, LA2, LA20, LA21, LA22, LA23, LA3, LA4, LA5, LA6, LA8, OL13, OL14, PR1, PR2, PR25, PR26, PR4, PR5, PR6, PR7, PR9

5-Year Average Property Prices in PR3 (Preston)

17.67%

Property prices in Preston increased by 17.67% 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 PR3 (Preston) Over the Last Year

2.82%

Property prices in Preston increased by 2.82% 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 PR3 (Preston) - Oct 24

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 PR3 (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 PR3 (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 PR3 (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 PR3 (Preston) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PR3 postcode area since 1995.

Recent Sales in PR3 (Preston)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 George Street, Longridge, Preston, Lancashire, PR3 3NN£140,000£138,000-£2,00022 Apr 202416 Aug 2024116 Days
7 High Street, Great Eccleston, Preston, Lancashire, PR3 0YB£325,000£307,000-£18,00018 Apr 202415 Aug 2024119 Days
11 Derbyshire Avenue, Garstang, Preston, Lancashire, PR3 1DX£340,000£315,000-£25,00020 Jun 202312 Aug 2024419 Days
21 Humber Street, Longridge, Preston, Lancashire, PR3 3WD£200,000£196,000-£4,00021 Feb 202412 Aug 2024173 Days
816 Whittingham Lane, Goosnargh, Preston, Lancashire, PR3 2AY£319,950£319,950£0002 Dec 202308 Aug 2024250 Days
Pear Tree Gate, Stony Lane, Forton, Preston, Lancashire, PR3 1DE£375,000£363,000-£12,00010 May 202431 Jul 202482 Days
15 Duckworth Drive, Catterall, Preston, Lancashire, PR3 1YS£275,000£260,000-£15,00001 Mar 202424 Jul 2024145 Days
Sunbreak, Garstang Road, Barton, Preston, Lancashire, PR3 5AD£425,000£420,000-£5,00013 Feb 202422 Jul 2024160 Days
10 Garstang Road, Chipping, Preston, Lancashire, PR3 2QH£309,950£270,000-£39,95028 Mar 202418 Jul 2024112 Days
14 St Heliers Place, Barton, Preston, Lancashire, PR3 5AE£269,950£265,000-£4,95014 Sep 202318 Jul 2024308 Days
8 Lime Grove, Longridge, Preston, Lancashire, PR3 3HN£215,000£212,000-£3,00020 Mar 202412 Jul 2024114 Days
Quail Cottage, Hollins Lane, Forton, Preston, Lancashire, PR3 0AB£285,000£236,000-£49,00002 Jan 202412 Jul 2024192 Days
7 The Oaks, St Michaels, Preston, Lancashire, PR3 0TF£425,000£418,000-£7,00027 Jun 202305 Jul 2024374 Days
17 Kirkfield, Chipping, Preston, Lancashire, PR3 2GL£165,000£150,000-£15,00015 Dec 202328 Jun 2024196 Days
18 Chester Place, Great Eccleston, Preston, Lancashire, PR3 0XY£190,000£180,000-£10,00003 Nov 202328 Jun 2024238 Days
43 Windsor Road, Garstang, Preston, Lancashire, PR3 1EX£130,000£130,000£0005 Feb 202428 Jun 2024144 Days
12 Calder Avenue, Longridge, Preston, Lancashire, PR3 3HT£210,000£195,000-£15,00008 Apr 202428 Jun 202481 Days
8 Clayton Court, Longridge, Preston, Lancashire, PR3 3UD£229,950£229,950£0012 Jan 202428 Jun 2024168 Days
32 Chingle Hall Crescent, Goosnargh, Preston, Lancashire, PR3 2FS£339,950£334,000-£5,95015 Mar 202427 Jun 2024104 Days
45 Croston Road, Garstang, Preston, Lancashire, PR3 1EN£295,000£295,000£0025 May 202426 Jun 202432 Days

Most Expensive Streets in PR3 (Preston)

PostcodeStreetAreaAverageNo. of Sales
PR3 2EEAshley Lane, GoosnarghPreston£904,1663
PR3 5BUChancel Court, BroughtonPreston£760,0003
PR3 0BZThe Rushes, Little EcclestonPreston£722,0005
PR3 2ERBleasdale Road, WhitechapelPreston£720,0003
PR3 3ZBDilworth Bottoms, RibchesterPreston£693,3333
PR3 6BLLancaster Road, Out RawcliffePreston£662,5304
PR3 2JXMill Lane, GoosnarghPreston£656,2504
PR3 2JSLangley Lane, GoosnarghPreston£655,0003
PR3 0PACatterall Lane, CatterallPreston£645,0006
PR3 2XBHothersall Lane, HothersallPreston£634,3333

Least Expensive Streets in PR3 (Preston)

PostcodeStreetAreaAverageNo. of Sales
PR3 1XRMill Brook, CatterallPreston£93,1663
PR3 3NPDerby Road, LongridgePreston£103,7005
PR3 3NEMersey Street, LongridgePreston£105,9287
PR3 3FNChatburn Road, LongridgePreston£110,32510
PR3 3NUHillcrest Avenue, LongridgePreston£110,3754
PR3 3ENLee Street, LongridgePreston£110,53514
PR3 3RLMersey Street, LongridgePreston£110,7195
PR3 1HSThermdale Close, GarstangPreston£110,8754
PR3 3FSSouthern Close, LongridgePreston£113,3333
PR3 1JFSandbriggs Court, GarstangPreston£116,33312

Explore PR3 (Preston) using map

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