Lancaster Road North - PR1 2PY
Key Postcode Insights
PR1 2PY is a residential postcode situated on Lancaster Road North, Preston, PR1 with 55 addresses.
It ranks as the 1424th largest and 19th most expensive of the 1,513 postcodes in the PR1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 55 properties: 2 houses, 49 flats and 4 other properties.
- Ave. Sale Price
- £55,403
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £437pcm
- 10 Year change
- up 45.7%
- Ave. £ per ft²
- £124/ft²
- Ave. Gross Yield
- 9.5%/year/yr
Key Postcode Insights
PR1 2PY is a residential postcode situated on Lancaster Road North, Preston, PR1 with 55 addresses.
It ranks as the 1424th largest and 19th most expensive of the 1,513 postcodes in the PR1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 55 properties: 2 houses, 49 flats and 4 other properties.
- Ave. Sale Price
- £55,403
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £437pcm
- 10 Year change
- up 45.7%
- Ave. £ per ft²
- £124/ft²
- Ave. Gross Yield
- 9.5%/year/yr
Explore Properties in PR1 2PY
- 157 Lancaster Road North
Building  |  2 Flats
- 159 Lancaster Road North
Building  |  2 Flats
- 161 Lancaster Road North
Building  |  2 Flats
- 163 Lancaster Road North
Building  |  2 Flats
- 165 Lancaster Road North
Building  |  2 Flats
Sales Market Trends
The last sale in PR1 2PY sold for £58,500 on 1st August 2024. Since then prices are down an average of 0.1%.
The current average value in the postcode is £55,403.
The PR1 2PY Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £55,403 |
| June 2025 | 2.2% | £56,030 |
| June 2024 | 5% | £54,848 |
| June 2023 | 2% | £52,236 |
| June 2022 | 7.1% | £51,220 |
| June 2021 | 6.3% | £47,805 |
| June 2020 | 1% | £44,960 |
| June 2019 | 2.2% | £44,526 |
| June 2018 | -0.5% | £43,570 |
| June 2017 | 1.1% | £43,800 |
| June 2016 | 1.7% | £43,306 |
| June 2015 | 1.9% | £42,597 |
| June 2014 | 3.5% | £41,817 |
| June 2013 | -0.1% | £40,390 |
| June 2012 | -4.4% | £40,413 |
| June 2011 | -2.9% | £42,288 |
| June 2010 | 0.1% | £43,545 |
| June 2009 | -9.3% | £43,482 |
| June 2008 | -5% | £47,943 |
| June 2007 | 0% | £50,481 |
Rental Market Trends
The current average rental value in the postcode is £437.
The PR1 2PY Rental Market has increased by 45.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £437pcm |
| June 2025 | 4.4% | £425pcm |
| June 2024 | 8% | £407pcm |
| June 2023 | 6.3% | £377pcm |
| June 2022 | 6.9% | £355pcm |
| June 2021 | 10.2% | £332pcm |
| June 2020 | 1.9% | £301pcm |
| June 2019 | -1.3% | £295pcm |
| June 2018 | 0.2% | £299pcm |
| June 2017 | -0.5% | £299pcm |
| June 2016 | 0.7% | £300pcm |
| June 2015 | 2.2% | £298pcm |
| June 2014 | 0.3% | £291pcm |
| June 2013 | -1.2% | £291pcm |
| June 2012 | -1.2% | £294pcm |
| June 2011 | 2.5% | £298pcm |
| June 2010 | 1% | £291pcm |
| June 2009 | -4.9% | £288pcm |
| June 2008 | 2.3% | £303pcm |
| June 2007 | 0% | £296pcm |
Sales History
The last recorded sale was on 1st August 2024 for £58,500 and since then the market in the area has decreased by 0.1%.
PR1 2PY has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Aug 2024£58,500 | 2 Bed Flat171A, Lancaster Road North, Preston, PR1 2PY171A, Lancaster Road North, Preston, PR1 2PY
- Sold Jul 2024£620,000 | 5 Bed House179, Lancaster Road North, Preston, PR1 2PY179, Lancaster Road North, Preston, PR1 2PY
- Sold Aug 2022£73,000 | 2 Bed Flat169A, Lancaster Road North, Preston, PR1 2PY169A, Lancaster Road North, Preston, PR1 2PY
Nearby Postcodes
PR1 2PY is the 1424th largest and the 19th most expensive postcode out of the 1,513 postcodes in the PR1 area.
- PR1 2RZ, Atkinson Close, Preston, PR1PR1 2RZ19 Addresses|72 m away
- PR1 1YD, Beckett Court, Preston, PR1PR1 1YD18 Addresses|80 m away
- PR1 2RX, Trinity Fold, Preston, PR1PR1 2RX10 Addresses|82 m away
- PR1 2RX, Elizabeth Street, Preston, PR1PR1 2RX11 Addresses|83 m away
- PR1 1YB, Aughton Walk, Preston, PR1PR1 1YB31 Addresses|109 m away
Property Types
- 1 period house built between 1800 and 1911
- 8 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 41 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- period house (1)
- modern flat (8)
- mid-century house (1)
- mid-century flat (41)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 49 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (45)
- G (0)
- D (3)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Jul 2024£620,000 | 5 Bed House179, Lancaster Road North, Preston, PR1 2PY179, Lancaster Road North, Preston, PR1 2PY
- Sold Aug 2025£118,000 | 3 Bed House285, Lancaster Road North, Preston, PR1 2SQ285, Lancaster Road North, Preston, PR1 2SQ
- Sold Apr 2021£90,000 | 3 Bed House285, Lancaster Road North, Preston, PR1 2SQ285, Lancaster Road North, Preston, PR1 2SQ
Schools Nearby
- St Ignatius' Catholic Primary School, Preston300 m away
- English Martyrs Catholic Primary School, Preston600 m away
- St Augustine's Catholic Primary School, Preston1.0 km away
- Moor Park High School and Sixth Form1.0 km away
- Preston Muslim Girls High School1.0 km away
- Eden Boys' School, Preston1.1 km away
More reading links
Public Transport Nearby
The closest station to PR1 2PY is Preston (Lancs) station, which is 900 metres away.
- Preston (Lancs)|900 m away
- Lostock Hall|4.5 km away
- Bamber Bridge|4.8 km away
- Leyland|7.2 km away