Neighbourhood · Preston

Preston Town Centre: house prices and how the area is changing

Official figures for the Preston Town Centre neighbourhood of Preston, England (ONS area Preston 017). Headline figures assembled 3 October 2026. Additional local information checked 13 October 2026. Postcodes PR1, PR2, PR3, PR4. Figures that read a point use the neighbourhood's centre, near PR1 8BU.

A neighbourhood with below-average incomes, changing little against Preston

Preston Town Centre is a neighbourhood with below-average incomes; it is changing little against Preston (signals are mixed: 2 rising and 3 falling of 22). Houses here typically resell for £133,500 and flats for £93,000 (median resale prices, 2023-2025). Schools nearby are improving slower than the council's and the nearest station, Preston, is about a 5-minute walk from the neighbourhood's centre. Recorded crime per resident is 3.1 times the borough's rate, but there are about 2.8 jobs for every resident here, so crime per resident overstates the risk to people who live here.

The neighbourhood in brief, from the figures on this page. Summary updated 13 October 2026; source dates are shown below.

Typical house price

£133,500

Median resale price of houses in the neighbourhood, 2023-2025; +34% against 2017-2019.

Source: HM Land Registry Price Paid Data

Typical flat price

£93,000

Median resale price of flats in the neighbourhood, 2023-2025; +43% against 2017-2019.

Source: HM Land Registry Price Paid Data

Affluence today

Below average income

How well off the neighbourhood is now, from household income, home prices and deprivation.

Source: ONS, HM Land Registry, MHCLG Indices of Deprivation

Signs of gentrification

Mixed signs

Weighted balance -0.02; 2 of 22 signals up, 3 down, against the borough.

Source: Official statistics on prices, incomes, benefits, businesses, schools and more (a full report shows every signal)

Deprivation

Decile 2 of 10

English Indices of Deprivation 2025: 1 is the most deprived tenth of neighbourhoods, 10 the least. At the neighbourhood's centre; its 7 small areas range from decile 1 to 3.

Source: MHCLG English Indices of Deprivation 2025

Average household income

£37,200

ONS estimate for the neighbourhood (modelled, with a margin of error).

Source: Office for National Statistics

Recorded crime

3.1 times the borough's rate

A busy centre, with about 2.8 jobs for every resident here, so crime per resident overstates the risk to people who live here (29,000 jobs in 2024 against 10,384 residents at the 2021 census). Crimes recorded by the police over 12 months (not anti-social behaviour) per resident, against the borough. Crime per resident can overstate the risk in busy centres where many people work or visit.

Source: Police.uk

Schools getting better

Slower than the council's

Nearby state schools' latest Ofsted inspections and results, against the council's schools.

Source: Ofsted, Department for Education

Where Preston Town Centre sits in Preston

Typical house price: 6th lowest of 17 neighbourhoods in Preston
Typical flat price: 4th lowest of the 8 neighbourhoods in Preston with enough flat sales for one
Average household income: 4th lowest of 17 neighbourhoods in Preston

Ranked among the council's neighbourhoods by the figures on each one's own page, checked 13 October 2026: typical prices are HM Land Registry resale medians over the latest three-year window, household income the ONS's modelled estimate, with a margin of error, so neighbourhoods a place or two apart may not really differ.

Prices over time in Preston Town Centre

Median resale price of houses each year here and across Preston, 1995 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).

Median resale price of flats each year here and across Preston, 1995 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).

Source: HM Land Registry Price Paid Data, held locally and checked 13 October 2026. Medians each year, not a valuation of any home.

How the area is changing, signal by signal

2 of 22 counted signals point towards rising affluence against Preston, 3 the other way and 17 in line. A reading of official statistics against the borough, not a prediction; a full report shows every signal's figures and weight. Where this reading sits among every neighbourhood in England and Wales: the gentrification league table.

Rising against the borough

Income deprivation ranking
Benefit claims (DWP)

Falling behind the borough

Single-person households under 65
Schools improving
Borough against the region

Stations and schools nearby

Nearest station

Preston Railway station, about a 5-minute walk from the neighbourhood's centre (350 m in a straight line). About 20 trains an hour leave between 07:00 and 19:00 on a weekday: Northern to Blackpool North (about 24 min); Northern and TransPennine Express to Manchester Airport (54 to 66 min).

Station locations: NaPTAN (Department for Transport). Trains: Network Rail's timetable for Tuesday 6 October 2026, with the timetabled minutes of direct trains; timetabled, not live running. Distances from the neighbourhood's centre in a straight line, walked at 4.8 km/h; the real route is longer.

Nearest state schools

Nearest state primary school St Augustine's Catholic Primary School, Preston 750 m from the neighbourhood's centre. Ofsted: Report card: Expected standard in 7 areas (Mar 2026).
Nearest state secondary school Christ The King Catholic High School 1.2 km from the neighbourhood's centre. Ofsted: Inadequate (Sep 2022). Serious weaknesses.

Schools: Department for Education, Get Information about Schools (11 October 2026); inspections: Ofsted's management information as at 31 August 2026, in Ofsted's own words. Straight-line distances; not a catchment or admissions assessment.

Questions about Preston Town Centre

What is the typical house price in Preston Town Centre?

£133,500. Median resale price of houses in the neighbourhood, 2023-2025; +34% against 2017-2019.

How does Preston Town Centre compare with the rest of Preston?

Typical house price: 6th lowest of 17 neighbourhoods in Preston. Typical flat price: 4th lowest of the 8 neighbourhoods in Preston with enough flat sales for one. Average household income: 4th lowest of 17 neighbourhoods in Preston.

Is Preston Town Centre an affluent area?

Below average income. How well off the neighbourhood is now, from household income, home prices and deprivation.

Is Preston Town Centre gentrifying?

Mixed signs. Weighted balance -0.02; 2 of 22 signals up, 3 down, against the borough.

What is the nearest station to Preston Town Centre?

Preston. Railway station, about a 5-minute walk from the neighbourhood's centre (350 m in a straight line). About 20 trains an hour leave between 07:00 and 19:00 on a weekday: Northern to Blackpool North (about 24 min); Northern and TransPennine Express to Manchester Airport (54 to 66 min).

Which state schools are nearest to Preston Town Centre?

Nearest state primary school. St Augustine's Catholic Primary School, Preston. 750 m from the neighbourhood's centre. Ofsted: Report card: Expected standard in 7 areas (Mar 2026). Nearest state secondary school. Christ The King Catholic High School. 1.2 km from the neighbourhood's centre. Ofsted: Inadequate (Sep 2022). Serious weaknesses.

Each answer repeats a figure shown above, with its source there.

Thinking of buying in Preston Town Centre?

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Nearby neighbourhoods in Preston

Postcode districts

Neighbourhood names: House of Commons Library, MSOA Names, Open Parliament Licence v3.0. Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Contains National Statistics data © Crown copyright and database right 2026. Contains public sector information (MHCLG, Police.uk, Ofsted, Department for Education) licensed under the Open Government Licence v3.0. Station locations from NaPTAN (Department for Transport), Open Government Licence v3.0. Trains: contains information of Network Rail Infrastructure Limited licensed under the Open Government Licence v3.0. Figures describe the area, not any home, and are not a valuation or a prediction.