Preston Property Prices and Rents
A quick local authority snapshot for prices, rents, local incomes and market direction. Use the deeper market pages for sales, rental and affordability evidence.
Preston market at a glance
Page refreshed 5 July 2026Average house price£190,442
MoM +1.5%YoY +10.6%
Average private rent£782
MoM +0.3%YoY +7.2%
Median annual pay£37,565ASHE 2025
Employment rate75.4%Aged 16-64
What this means
Preston house prices are rising compared with last year. Rent and wage data help compare local affordability and demand.
Data freshness
- House price data
- April 2026
- Rent data
- May 2026
- Pay data
- Jan 2025-Dec 2025 / ASHE 2025
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £190,442 in April 2026, 1.5% up over the month and 10.6% up over the year.
Monthly movementUp 1.5%From £187,641 last month
Annual movementUp 10.6%From £172,147 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: May 2025 | Average: £168,377 | Monthly: -2.2% | Annual: -0.6% |
| Month: June 2025 | Average: £167,256 | Monthly: -0.7% | Annual: -2.7% |
| Month: July 2025 | Average: £175,890 | Monthly: +5.2% | Annual: +1.3% |
| Month: August 2025 | Average: £182,872 | Monthly: +4.0% | Annual: +2.5% |
| Month: September 2025 | Average: £186,146 | Monthly: +1.8% | Annual: +3.3% |
| Month: October 2025 | Average: £187,619 | Monthly: +0.8% | Annual: +3.8% |
| Month: November 2025 | Average: £187,726 | Monthly: +0.1% | Annual: +3.3% |
| Month: December 2025 | Average: £187,297 | Monthly: -0.2% | Annual: +4.7% |
| Month: January 2026 | Average: £186,306 | Monthly: -0.5% | Annual: +3.8% |
| Month: February 2026 | Average: £187,978 | Monthly: +0.9% | Annual: +4.9% |
| Month: March 2026 | Average: £187,641 | Monthly: -0.2% | Annual: +4.1% |
| Month: April 2026 | Average: £190,442 | Monthly: +1.5% | Annual: +10.6% |
Continue Preston Research
House Prices And Sold-Price Evidence
UK HPI shows £190,442 for April 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £782 average rent, with an indicative gross yield signal.
Open pageWages, Employment And AffordabilityMedian resident pay is £37,565 and helps compare local affordability.
Open pagePreston Property GuidesOpen local-authority-specific guides that explain how to use the data safely.
Open pageSources of this data
UK House Price Index (ONS) · Office for National Statistics Private Rent Index · ASHE earnings data
Official property market data is usually delayed because figures are published after the reporting month has ended.
Preston market commentary
What the latest official data may mean for buyers, renters and investors.
Preston’s UK House Price Index shows a clear rise in April 2026. The average home price reached £190,442.
That is up 1.5% on the month and 10.6% higher than a year earlier. The latest move follows a brief dip in March, when the average price stood at £187,641 and monthly growth was -0.2%.
Preston’s private rental market continued to edge higher in May 2026, according to the ONS Price Index of Private Rents. The average rent reached £782.
That was up from £780 in April, a month-on-month rise of 0.3%. It also sits well above the £730 recorded in May 2025.
Preston’s latest ONS/Nomis labour market profile shows a resident population of 162,864. That gives useful context for the local jobs picture.
It is a sizeable city, but still much smaller than the national labour market, so local figures can move around more than the Great Britain average.