PR1 3 house prices are built from 1,478 sales lodged with HM Land Registry, the oldest in 1995 and the most recent on 24 Apr 2026. The median price paid across the whole record is £87,000. Across the 10 years from 2015 to 2025 the median moved +73.3% in cash — but once inflation is taken out, the change in 2026 money is +25.6%.
Median price paid
£87,000
Change in cash, 2015–2025
+73.3%
Change in real terms
+25.6%
Median per m²
£924
HM Land Registry1,478 sales303 with floor areaLatest sale 24 Apr 2026
Section 01
How PR1 3 prices moved
The chart tracks the median PR1 3 house price for every year with a recorded sale, from 1995 to 2025. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.
| Decade | Years with sales | Median paid | In today's money |
|---|---|---|---|
| 1990s | 5 | £28,000 | £62,173 |
| 2000s | 10 | £80,000 | £145,736 |
| 2010s | 10 | £77,000 | £108,570 |
| 2020s | 6 | £117,500 | £120,054 |
The highest yearly median on record for PR1 3 is £139,950 in 2021; the lowest is £20,000 in 1999. Across the full 31-year record the cash median has moved from £39,500 to £120,000.
In 2026 money that first median is worth £87,709, so the real change over the whole record is +39.8% — about +1.12% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.
Over the last decade alone the difference is stark: +73.3% in cash against +25.6% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.
Section 02
The most recent sales
Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.
| Address | Sold | Type | Price paid | In today's money |
|---|---|---|---|---|
| 4 Frenchwood Street | 24 Apr 2026 | Terraced | £150,000 | £150,000 |
| 8 Regent Street | 16 Jan 2026 | Terraced | £256,000 | £256,000 |
| 3 Frenchwood Street | 9 Jan 2026 | Terraced | £105,500 | £105,500 |
| APARTMENT 16 the ONE, 6 Winckley Square | 17 Dec 2025 | Flat or maisonette | £137,000 | £139,978 |
| 11 WINCKLEY HOUSE, 16 Cross Street | 26 Nov 2025 | Flat or maisonette | £65,000 | £66,413 |
| FLAT 102 SANDOWN COURT Avenham Lane | 14 Nov 2025 | Flat or maisonette | £33,000 | £33,717 |
| FLAT 7 BAIRSTOW HOUSE, 36 Bairstow Street | 11 Nov 2025 | Flat or maisonette | £117,500 | £120,054 |
| FLAT 4, 9 Bank Parade | 7 Nov 2025 | Flat or maisonette | £66,000 | £67,435 |
| FLAT 61 SANDOWN COURT Avenham Lane | 3 Nov 2025 | Flat or maisonette | £60,000 | £61,304 |
| FLAT 5 9 Bank Parade | 31 Oct 2025 | Flat or maisonette | £70,000 | £71,522 |
| 38 Grimshaw Place | 24 Oct 2025 | Flat or maisonette | £75,000 | £76,630 |
| APARTMENT 1 22 Winckley Square | 26 Sep 2025 | Flat or maisonette | £95,000 | £97,065 |
| FLAT 3 19 Winckley Square | 19 Sep 2025 | Flat or maisonette | £165,000 | £168,587 |
| 57 Herschell Street | 11 Sep 2025 | Terraced | £102,000 | £104,217 |
| 8 Guildford Road | 18 Jul 2025 | Flat or maisonette | £65,000 | £66,413 |
| 20 Tiber Street | 8 Jul 2025 | Semi-detached | £135,000 | £137,935 |
| FLAT 123 SANDOWN COURT Avenham Lane | 1 Jul 2025 | Flat or maisonette | £50,000 | £51,087 |
| 40 Chaddock Street | 9 Jun 2025 | Terraced | £152,000 | £155,304 |
| FLAT 4 5 Winckley Square | 30 May 2025 | Flat or maisonette | £367,500 | £375,489 |
| 20 Bairstow Street | 14 May 2025 | Terraced | £365,000 | £372,935 |
| 17 Latham Street | 17 Apr 2025 | Terraced | £224,000 | £228,870 |
| 35 Grimshaw Place | 17 Apr 2025 | Flat or maisonette | £80,000 | £81,739 |
| 9 ABRAM HOUSE Manchester Road | 14 Apr 2025 | Flat or maisonette | £61,500 | £62,837 |
| 40 Avenham Road | 11 Apr 2025 | Terraced | £122,500 | £125,163 |
| FLAT 2 8 Bank Parade | 11 Apr 2025 | Flat or maisonette | £73,000 | £74,587 |
Section 03
Homes that sold twice
These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to PR1 3 values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| 4 Frenchwood Street | £26,500 (2000) | £150,000 (2026) | +6.9% | +4.1% |
| 8 Regent Street | £180,000 (2019) | £256,000 (2026) | +5.2% | +1.2% |
| 11 WINCKLEY HOUSE, 16 Cross Street | £89,500 (2020) | £65,000 (2025) | -6.2% | -10.5% |
| FLAT 102 SANDOWN COURT Avenham Lane | £20,000 (2003) | £33,000 (2025) | +2.3% | -0.5% |
| FLAT 7 BAIRSTOW HOUSE, 36 Bairstow Street | £185,000 (2005) | £117,500 (2025) | -2.2% | -5.0% |
| FLAT 4, 9 Bank Parade | £54,500 (2013) | £66,000 (2025) | +1.6% | -1.4% |
| FLAT 61 SANDOWN COURT Avenham Lane | £23,000 (2002) | £60,000 (2025) | +4.3% | +1.4% |
| FLAT 5 9 Bank Parade | £60,000 (2013) | £70,000 (2025) | +1.3% | -1.7% |
| 38 Grimshaw Place | £129,150 (2007) | £75,000 (2025) | -3.0% | -5.8% |
| FLAT 3 19 Winckley Square | £242,000 (2006) | £165,000 (2025) | -2.0% | -4.8% |
| 8 Guildford Road | £41,000 (2020) | £65,000 (2025) | +9.7% | +4.6% |
| FLAT 123 SANDOWN COURT Avenham Lane | £45,000 (2020) | £50,000 (2025) | +2.1% | -2.6% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. PR1 3 is dominated by the type at the top of this table, so its overall median leans that way.
| Property type | Sales | Share | Median paid | Range |
|---|---|---|---|---|
| Flat or maisonette | 865 | 58.5% | £80,000 | £3,500 – £450,000 |
| Terraced | 474 | 32.1% | £85,000 | £5,000 – £575,000 |
| Semi-detached | 100 | 6.8% | £111,000 | £12,000 – £422,000 |
| Detached | 39 | 2.6% | £115,000 | £12,500 – £1,100,000 |
Section 05
How big homes are in PR1 3
Energy Performance Certificates record a floor area for every home that has been surveyed, sold or let — far more homes than have changed hands. 762 certificates cover PR1 3, and their median floor area is 50 m².
The median across the whole register is 76 m², so homes here are smaller than average — -34.2%. Size explains a large part of why one area's median price sits above another's, which is why the price per square metre further up this page is the fairer comparison.
| Measure | Floor area | Sample |
|---|---|---|
| Median floor area | 50 m² | about 538 sq ft |
| Smaller quarter, up to | 39 m² | about 420 sq ft |
| Larger quarter, from | 67 m² | about 721 sq ft |
| Under 60 m² | 63.0% | 480 homes |
| 150 m² and over | 3.7% | 28 homes |
Section 06
Ownership and new build in PR1 3
988 of the sales on record are leasehold and 490 freehold — 66.8% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.
The median leasehold sale is £85,950 and the median freehold sale £89,250 — a gap of +3.8%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 988 | 66.8% | £85,950 |
| Freehold | 490 | 33.2% | £89,250 |
| New build | 297 | 20.1% | £133,000 |
| Existing home | 1,181 | 79.9% | £67,500 |
New builds sold for more than the median existing home — +97.0%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.
A further 463 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.
Section 07
Living in PR1 3
Every certificate carries an energy efficiency band as well as a floor area. Across Preston, 48.0% of 80,620 certificates sit in bands A to C, and 4.0% in F or G — the bands that cost the most to heat and are hardest to mortgage.
| Energy band | Certificates | Share |
|---|---|---|
| A | 843 | 1.0% |
| B | 10,763 | 13.4% |
| C | 27,112 | 33.6% |
| D | 28,536 | 35.4% |
| E | 10,169 | 12.6% |
| F | 2,384 | 3.0% |
| G | 813 | 1.0% |
The Office for National Statistics puts the mean private rent in Preston at £786 a month as of Jun 2026 — £575 for a one-bedroom home and £853 for three bedrooms.
Against the median sale of £87,000 here, that rent is a gross yield of 10.84% a year. It is a measured figure rather than an assumption: a real local rent over a real local price, before any cost of ownership.
Police forces publish every recorded street-level crime. Within a mile of the centre of PR1, 742 crimes were recorded in Jun 2026: 220 violent, 19 burglary, 22 vehicle-related and 185 anti-social behaviour. The median postcode district in this archive recorded 167 in the same month, so this one is 4.4 times busier.
Against the 147,835 residents the 2021 census counted in Preston, that is 5.02 recorded crimes per thousand people in the month. The count covers a mile around the district centre while the population covers the whole council, so read the rate as an order of magnitude rather than a precise figure.
A count is not a rate. A district with shops and a station records more crime than a residential one of the same size, because more people pass through it. Read this next to the median, not on its own.
Section 08
The neighbourhood around PR1 3
The 2021 census counted 147,835 residents in Preston across 59,607 households. 59.1% of those households own their home and 40.8% rent — a split the sold record cannot show, because only owners appear in it.
34 state and independent schools have a PR1 postcode: 24 primary, 7 secondary, 2 16 plus, 1 nursery. Catchment areas do not follow postcodes, so treat this as what is nearby rather than what a child would be offered.
| School | Phase | Type | Pupils |
|---|---|---|---|
| All Hallows Catholic High School | Secondary | Voluntary aided school | 911 |
| Penwortham Girls' High School | Secondary | Community school | 799 |
| Penwortham Priory Academy | Secondary | Academy converter | 745 |
| Deepdale Community Primary School | Primary | Community school | 696 |
| Eden Boys' School, Preston | Secondary | Free schools | 615 |
| Preston Muslim Girls High School | Secondary | Voluntary aided school | 607 |
| Moor Park High School and Sixth Form | Secondary | Foundation school | 599 |
| Christ The King Catholic High School | Secondary | Academy sponsor led | 446 |
| St Matthew's Church of England Primary Academy | Primary | Academy converter | 415 |
| St Joseph's Catholic Primary School, Preston | Primary | Academy converter | 347 |
| Station | Mode | Distance from the district centre |
|---|---|---|
| Bamber Bridge Rail Station | Rail | 4.3 km |
| Leyland Rail Station | Rail | 6.6 km |
| Salwick Rail Station | Rail | 8.1 km |
| Buckshaw Parkway Rail Station | Rail | 9.7 km |
Section 09
How PR1 3 compares
The median across the whole archive is £157,500. PR1 3 sits below that national figure — -44.8%.
Where an EPC floor area could be matched to the sale, the median works out at £924 per square metre, across 303 of the 1,478 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.
The full range on record runs from £3,500 to £1,100,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.
PR1 3 sits in Preston, in the North West.
The Office for National Statistics puts the median home in Preston at 5.0 times median local earnings of £38,066 a year, measured to Sep 2025. Across England and Wales the same ratio is 7.6. That number, not the price alone, is what decides whether a place is within reach of the people who work in it.
Section 10
Nearby on the record
Other sectors in PR1
- PR1 0£164,000 median
- PR1 1£88,000 median
- PR1 2£90,000 median
- PR1 4£63,500 median
- PR1 5£62,650 median
- PR1 6£69,900 median
- PR1 7£74,000 median
- PR1 8£82,500 median
- PR1 9£123,250 median
The wider district is PR1.
Quick answers
Common questions about this data
What is the average house price in PR1 3?
The median price paid in PR1 3 across every sale on the register is £87,000. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.
How many homes have sold in PR1 3?
1,478 sales are on record for PR1 3, the most recent completing on 24 Apr 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
Have PR1 3 house prices actually risen?
In cash, the median rose +73.3% between 2015 and 2025. In 2026 money — that is, after inflation — the change is +25.6%. Both numbers are true; only the second one tells you whether buying here preserved value.
When were PR1 3 house prices at their highest?
The highest yearly median on record is £139,950, set in 2021. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.
What is the price per square metre in PR1 3?
£924 per square metre, from the 303 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.
How current is this data?
The latest sale shown here completed on 24 Apr 2026. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.
Cite this page: Sold Price History, “PR1 3 house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.