PR1 8LU is a residential postcode situated on Hassett Close, Preston, PR1 with 25 addresses.
It ranks as the 956th largest and 639th most expensive of the 1,512 postcodes in the PR1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 25 properties: 20 houses and 5 flats.
PR1 8LU is a residential postcode situated on Hassett Close, Preston, PR1 with 25 addresses.
It ranks as the 956th largest and 639th most expensive of the 1,512 postcodes in the PR1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 25 properties: 20 houses and 5 flats.
Sale prices range from £60,014 for 1 bedroom Leasehold flats (495 ft2) to £147,644 for 4 bedroom freehold houses with a garden (1,377 ft2) .
Monthly rental prices range from £473 pcm for 1 bed flats to £797 pcm for 4 bed houses.
The gross rental yield is between 6.5% and 9.6%.
The average value per square foot is £117.
The last sale in PR1 8LU sold for £132,000 on 14th August 2023. Since then prices are up an average of 21.9%.
The current average value in the postcode is £118,849.
The PR1 8LU Sales Market has increased by 35.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1% | £118,849 |
| April 2025 | 4% | £117,708 |
| April 2024 | 3.4% | £113,201 |
| April 2023 | 4.1% | £109,471 |
| April 2022 | 6.8% | £105,127 |
| April 2021 | 6.4% | £98,393 |
| April 2020 | 0.3% | £92,432 |
| April 2019 | 3.4% | £92,191 |
| April 2018 | -1.2% | £89,173 |
| April 2017 | 2.6% | £90,297 |
| April 2016 | 0.8% | £88,051 |
| April 2015 | 3% | £87,382 |
| April 2014 | 2% | £84,844 |
| April 2013 | 0.8% | £83,194 |
| April 2012 | -4.8% | £82,573 |
| April 2011 | -2.3% | £86,766 |
| April 2010 | -1.5% | £88,800 |
| April 2009 | -11.1% | £90,142 |
| April 2008 | -2% | £101,351 |
| April 2007 | 0% | £103,378 |
The current average rental value in the postcode is £693.
The PR1 8LU Rental Market has increased by 54.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.8% | £693pcm |
| April 2025 | 8.9% | £668pcm |
| April 2024 | 5.8% | £614pcm |
| April 2023 | 6.6% | £580pcm |
| April 2022 | 9.4% | £544pcm |
| April 2021 | 8.4% | £498pcm |
| April 2020 | 2.3% | £459pcm |
| April 2019 | -0.4% | £449pcm |
| April 2018 | 0.7% | £451pcm |
| April 2017 | -0.6% | £448pcm |
| April 2016 | 0.9% | £450pcm |
| April 2015 | 2.6% | £446pcm |
| April 2014 | -0.7% | £435pcm |
| April 2013 | -0.1% | £438pcm |
| April 2012 | -0.3% | £438pcm |
| April 2011 | 1.9% | £440pcm |
| April 2010 | -1.4% | £432pcm |
| April 2009 | -4.7% | £438pcm |
| April 2008 | 3.8% | £460pcm |
| April 2007 | 0% | £443pcm |
The last sale was on 14th August 2023 for £132,000 and since then the market in the area has increased by 21.9%. The postcode has had a total of 8 sales since 1995.
PR1 8LU has seen 1 sale in the last three years and no sales in the last twelve months.
PR1 8LU is the 956th largest and the 639th most expensive postcode out of the 1,512 postcodes in the PR1 area.
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The closest station to PR1 8LU is Preston (Lancs) station which is 700 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around PR1 8LU, 30.1% of property is privately rented and 28.2% is socially rented.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PR1 8LU, 23.7% of residents are recorded as possessing school level qualifications and 29.5% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PR1 8LU, the average age was 34.4 and the most common age was 22.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PR1 8LU, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PR1 8LU, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.