Imofolio

Preston · report

Past price cycles in Preston

Sale prices have fallen by 3% or more 6 times since 1995. The deepest began in December 2007.

Deepest fall
−23.4%
Recovery from the low
102 months

Prices in Preston and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Preston
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodPrestonUnited Kingdom
Aug 2026411.0534.7
Jul 2026410.3532.9
Jun 2026413.6530.1
May 2026409.7533.1
Apr 2026414.4530.6
Mar 2026411.0526.0
Feb 2026408.9527.6
Jan 2026402.3526.4
Dec 2025402.1524.8
Nov 2025403.7529.6
Oct 2025404.8528.4
Sep 2025404.1527.8
Aug 2025396.7529.8
Jul 2025384.1526.5
Jun 2025365.1522.4
May 2025367.9517.1
Apr 2025376.2509.5
Mar 2025393.7524.8
Feb 2025391.6518.5
Jan 2025392.4518.8
Dec 2024390.8517.0
Nov 2024397.0518.0
Oct 2024394.8519.4
Sep 2024393.8518.4
Aug 2024390.0519.1
Jul 2024379.4514.0
Jun 2024375.6508.3
May 2024370.2506.3
Apr 2024376.1502.2
Mar 2024376.9499.5
Feb 2024377.2498.6
Jan 2024379.0501.2
Dec 2023381.1501.6
Nov 2023382.5505.9
Oct 2023381.2509.4
Sep 2023374.3511.7
Aug 2023376.8514.2
Jul 2023368.5511.4
Jun 2023362.8505.8
May 2023355.1503.9
Apr 2023358.3502.2
Mar 2023366.3501.1
Feb 2023367.0506.8
Jan 2023368.0511.0
Dec 2022369.1515.4
Nov 2022372.1519.5
Oct 2022374.7520.3
Sep 2022371.6520.3
Aug 2022369.1519.2
Jul 2022359.7514.8
Jun 2022353.7505.4
May 2022350.1499.4
Apr 2022350.2493.8
Mar 2022348.8488.0
Feb 2022344.1486.2
Jan 2022344.9485.7
Dec 2021341.4480.1
Nov 2021344.6477.7
Oct 2021340.8468.5
Sep 2021339.1480.5
Aug 2021336.2466.8
Jul 2021331.0453.1
Jun 2021328.4475.4
May 2021323.9451.4
Apr 2021328.5448.4
Mar 2021331.3455.2
Feb 2021325.4448.6
Jan 2021317.5447.3
Dec 2020309.7447.3
Nov 2020304.1443.9
Oct 2020305.9439.4
Sep 2020304.5435.7
Aug 2020308.7431.1
Jul 2020301.7426.9
Jun 2020295.1423.4
May 2020288.7417.6
Apr 2020289.1415.5
Mar 2020295.8419.7
Feb 2020298.3416.0
Jan 2020300.5418.4
Dec 2019297.8418.1
Nov 2019296.9418.7
Oct 2019298.7420.2
Sep 2019308.9421.3
Aug 2019305.6421.0
Jul 2019298.6419.6
Jun 2019290.6415.0
May 2019294.0413.2
Apr 2019296.8412.6
Mar 2019293.5409.7
Feb 2019294.8410.8
Jan 2019290.8411.8
Dec 2018299.0414.4
Nov 2018295.4415.3
Oct 2018302.1417.1
Sep 2018294.6417.5
Aug 2018298.1418.3
Jul 2018295.1417.0
Jun 2018295.7411.9
May 2018292.9409.2
Apr 2018291.6407.5
Mar 2018294.2403.7
Feb 2018299.9406.1
Jan 2018300.8405.0
Dec 2017302.3406.5
Nov 2017300.8404.9
Oct 2017303.0406.0
Sep 2017298.7405.7
Aug 2017293.3407.2
Jul 2017289.2405.4
Jun 2017288.3400.2
May 2017284.7396.8
Apr 2017289.3394.4
Mar 2017287.4388.3
Feb 2017292.0389.1
Jan 2017288.2388.3
Dec 2016289.2388.7
Nov 2016287.5388.0
Oct 2016289.4386.2
Sep 2016291.8387.5
Aug 2016294.3388.1
Jul 2016292.9388.1
Jun 2016292.2384.0
May 2016290.7380.4
Apr 2016290.4376.0
Mar 2016291.9374.6
Feb 2016292.0370.8
Jan 2016287.6370.6
Dec 2015283.1369.6
Nov 2015286.4368.4
Oct 2015291.2365.6
Sep 2015295.0365.1
Aug 2015285.4364.3
Jul 2015283.9361.0
Jun 2015282.1355.0
May 2015281.8352.3
Apr 2015281.7348.5
Mar 2015278.0345.5
Feb 2015283.6344.2
Jan 2015280.0343.9
Dec 2014282.5345.7
Nov 2014278.0344.9
Oct 2014278.9346.1
Sep 2014278.8346.6
Aug 2014280.8346.2
Jul 2014282.5342.2
Jun 2014275.8337.5
May 2014270.3334.6
Apr 2014265.2331.1
Mar 2014270.0323.9
Feb 2014277.2322.7
Jan 2014276.5321.4
Dec 2013278.2321.0
Nov 2013277.0318.1
Oct 2013280.3316.4
Sep 2013279.7317.7
Aug 2013277.2317.4
Jul 2013274.8314.9
Jun 2013272.0311.4
May 2013266.1308.9
Apr 2013263.2307.3
Mar 2013257.8304.3
Feb 2013265.6302.5
Jan 2013267.1302.5
Dec 2012270.4304.6
Nov 2012269.6305.3
Oct 2012276.7305.0
Sep 2012283.8307.2
Aug 2012285.5308.3
Jul 2012280.7307.9
Jun 2012276.2306.7
May 2012274.9303.8
Apr 2012273.8302.8
Mar 2012273.1299.3
Feb 2012271.7298.5
Jan 2012274.5299.3
Dec 2011271.3301.3
Nov 2011275.6302.6
Oct 2011276.0302.5
Sep 2011280.7305.8
Aug 2011277.2306.6
Jul 2011271.5306.4
Jun 2011276.6302.6
May 2011274.1302.1
Apr 2011274.2303.4
Mar 2011259.0298.8
Feb 2011260.9300.2
Jan 2011266.6301.8
Dec 2010275.4304.3
Nov 2010276.9304.9
Oct 2010277.4308.5
Sep 2010283.3312.0
Aug 2010292.9312.8
Jul 2010294.7312.8
Jun 2010295.3309.7
May 2010285.4308.2
Apr 2010279.7306.7
Mar 2010276.9302.8
Feb 2010282.7302.8
Jan 2010290.2302.1
Dec 2009291.4303.2
Nov 2009285.0301.2
Oct 2009282.6300.2
Sep 2009279.4298.2
Aug 2009281.2295.9
Jul 2009277.6293.0
Jun 2009274.5287.8
May 2009273.5285.0
Apr 2009277.1281.1
Mar 2009281.1278.6
Feb 2009285.1280.3
Jan 2009288.2283.6
Dec 2008291.1290.3
Nov 2008291.5294.8
Oct 2008296.5303.4
Sep 2008302.1309.6
Aug 2008303.2317.6
Jul 2008307.4324.4
Jun 2008312.4328.0
May 2008312.6332.4
Apr 2008311.7330.4
Mar 2008307.8329.8
Feb 2008324.0332.2
Jan 2008329.8335.1
Dec 2007336.8341.3
Nov 2007328.1341.8
Oct 2007327.8342.0
Sep 2007326.0342.8
Aug 2007330.3342.3
Jul 2007326.4340.4
Jun 2007323.1336.1
May 2007318.5332.5
Apr 2007317.7328.7
Mar 2007313.0322.2
Feb 2007310.6319.8
Jan 2007303.6318.8
Dec 2006305.3319.0
Nov 2006305.1315.0
Oct 2006305.0313.4
Sep 2006306.1311.6
Aug 2006301.2310.3
Jul 2006298.3307.7
Jun 2006292.1303.4
May 2006289.0300.5
Apr 2006288.8297.7
Mar 2006285.0291.4
Feb 2006284.6289.0
Jan 2006284.6288.6
Dec 2005281.5289.0
Nov 2005282.0287.4
Oct 2005279.3286.6
Sep 2005276.9287.1
Aug 2005274.2287.6
Jul 2005269.9286.4
Jun 2005273.4282.8
May 2005269.8280.6
Apr 2005275.7277.6
Mar 2005265.3273.7
Feb 2005263.1271.5
Jan 2005252.1271.7
Dec 2004256.6271.9
Nov 2004255.3273.9
Oct 2004253.2274.3
Sep 2004247.3272.3
Aug 2004242.7272.8
Jul 2004240.5269.7
Jun 2004237.4264.1
May 2004225.2259.5
Apr 2004212.6256.4
Mar 2004203.0245.3
Feb 2004204.4244.7
Jan 2004205.5247.1
Dec 2003204.6245.6
Nov 2003194.5240.9
Oct 2003192.3243.6
Sep 2003188.9239.4
Aug 2003188.0240.2
Jul 2003181.7236.0
Jun 2003171.3231.9
May 2003167.4231.4
Apr 2003163.0233.0
Mar 2003165.0227.6
Feb 2003165.8222.8
Jan 2003158.4225.2
Dec 2002155.5226.8
Nov 2002149.4219.5
Oct 2002150.1217.3
Sep 2002150.4215.7
Aug 2002146.8210.6
Jul 2002145.3206.0
Jun 2002139.9204.4
May 2002139.4196.4
Apr 2002133.8191.4
Mar 2002129.5188.9
Feb 2002128.1182.5
Jan 2002129.7176.1
Dec 2001129.8176.7
Nov 2001130.6176.7
Oct 2001130.1176.7
Sep 2001129.7180.3
Aug 2001127.4180.3
Jul 2001125.0180.3
Jun 2001123.7174.1
May 2001121.3174.1
Apr 2001118.6174.1
Mar 2001120.0168.0
Feb 2001119.9168.0
Jan 2001119.5168.0
Dec 2000115.7168.9
Nov 2000115.7168.9
Oct 2000115.1168.9
Sep 2000115.1164.0
Aug 2000114.9164.0
Jul 2000115.9164.0
Jun 2000116.6161.0
May 2000114.4161.0
Apr 2000111.3161.0
Mar 2000110.4152.6
Feb 2000112.0152.6
Jan 2000113.3152.6
Dec 1999112.8148.8
Nov 1999111.8148.8
Oct 1999111.0148.8
Sep 1999112.6145.1
Aug 1999110.6145.1
Jul 1999111.8145.1
Jun 1999109.6137.1
May 1999109.2137.1
Apr 1999106.4137.1
Mar 1999103.3131.5
Feb 1999103.4131.5
Jan 1999104.3131.5
Dec 1998106.1130.7
Nov 1998105.9130.7
Oct 1998108.1130.7
Sep 1998108.8131.3
Aug 1998108.4131.3
Jul 1998105.3131.3
Jun 1998105.6125.8
May 1998105.5125.8
Apr 1998105.9125.8
Mar 1998104.3119.5
Feb 1998105.6119.5
Jan 1998105.6119.5
Dec 1997106.5116.5
Nov 1997104.2116.5
Oct 1997104.2116.5
Sep 1997105.1117.4
Aug 1997106.0117.4
Jul 1997104.6117.4
Jun 1997100.5111.7
May 199799.8111.7
Apr 1997101.3111.7
Mar 1997101.8109.5
Feb 1997102.4109.5
Jan 1997101.3109.5
Dec 1996102.6108.0
Nov 1996101.7108.0
Oct 1996100.5108.0
Sep 1996100.0106.2
Aug 199699.0106.2
Jul 1996101.1106.2
Jun 1996100.2102.2
May 1996101.8102.2
Apr 199699.4102.2
Mar 199699.0102.1
Feb 199697.9102.1
Jan 199697.9102.1
Dec 199598.6100.6
Nov 199598.5100.6
Oct 199599.1100.6
Sep 1995100.3102.0
Aug 1995100.4102.0
Jul 199599.9102.0
Jun 1995100.7101.1
May 1995102.5101.1
Apr 1995103.6101.1
Mar 1995101.6100.0
Feb 1995100.4100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
April 1995February 1996−5.5%1017
September 1998March 1999−5.0%62
December 2007March 2013−23.4%63102
October 2022May 2023−5.2%73
November 2023May 2024−3.2%63
November 2024June 2025−8.0%73

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Preston

Sale prices have an 80% chance of landing between £169,687 and £213,787 by August 2027.

Expected, August 2027
£191,737
Chance of a rise
58%

At the average sale price, a home costs £188,103. With 10% down and a 30-year mortgage, the payment is £868 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
14%
Payment, one income
28%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£791
Owning per month
£886

25.3% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
560
Per 1,000 residents
3.4

Figures for United Kingdom: Preston has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population grew by 2,934 while 670 homes were finished: 4.4 new residents for every new home.

New residents per new home, 2025
4.4
Population change, 2025
+2,934

6.0% of the 63,556 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
6.0%
Empty homes
3,805

In 2025, 0% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
0%