Cheapest and best areas to buy in Preston. All 5 postcode districts compared.

Typical 3-bed house£213kacross Preston
Cheapest districtPR13-bed house £187k
Sold last year2,265homes in Preston
Prices in Preston+7.3%on a year ago

A typical 3-bedroom house in Preston sold for £213,000 over the last five years, in today's money. The same home costs £187k in PR1 and £250k in PR3, so where you look matters more than almost anything else.

For the most space for your money, look at PR1: about 85 m² for a typical £187k. PR2 is the busiest market, with 662 sales last year.

Prices in Preston are up 7.3% on a year ago. Renting a 3-bedroom home costs about £859 a month; a 90% mortgage on the typical 3-bed house would be around £971 a month at 4.5% over 30 years.

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Cheapest areas to buy in Preston

For a flat, the cheapest is PR1: a typical 2-bedroom flat sells for £97k.

Best areas in Preston for families

Districts where the best state schools nearby beat the England average, cheapest first.

Best state primary within 2 km (pupils meeting the expected standard at 11) and secondary within 5 km (grade 5+ in English and maths). DfE performance tables.

Preston postcode districts

District3-bed houseSize2-bed flatHouses per m²Best primarySold last year
PR1£187k85 m²£97k£2,29678%416
PR2£200k87 m²£110k£2,50588%662
PR3£250k94 m²£130k£2,93086%286
PR4£240k90 m²£109k£2,88370%517
PR5£202k84 m²£113k£2,64768%384

Typical prices from sales in the last five years, in today's money. A dash means too few sales to say.

Questions about buying in Preston

How much is a 3-bedroom house in Preston?

About £213,000 across Preston, from sales in the last five years in today's money. It ranges from £187k in PR1 to £250k in PR3.

What is the cheapest area of Preston to buy a house?

For a 3-bedroom house: PR1 (£187k), PR2 (£200k), PR5 (£202k).

Are house prices going up in Preston?

In Preston, prices are up 7.3% on a year ago and up 24.4% over five years, according to the UK House Price Index (July 2026).

Which postcode in Preston is best for families?

On school results and price together: PR1 (3-bed house £187k, best primary nearby 78% at the expected standard against 64% across England); PR2 (3-bed house £200k, best primary nearby 88% at the expected standard against 64% across England); PR5 (3-bed house £202k, best primary nearby 68% at the expected standard against 64% across England); PR3 (3-bed house £250k, best primary nearby 86% at the expected standard against 64% across England).

Is Preston a good place to buy a house?

What the numbers say: a typical 3-bedroom house costs £213,000, prices are up 7.3% on a year ago, renting a 3-bedroom home costs about £859 a month against roughly £971 for a 90% mortgage, and 2,265 homes sold last year, so there is a real choice. Prices vary from £187k to £250k between districts, so the area you pick matters most.

How many homes sell in Preston each year?

2,265 homes sold across its 5 postcode districts in the last year, the most in PR2.

Sources: HM Land Registry price paid data matched to the EPC register, UK House Price Index (July 2026), ONS private rents (August 2026). The mortgage figure is an illustration, not advice.