PR3 2LY is a residential postcode situated on Chipping Road, Longridge, Preston, PR3 with 4 addresses.
It ranks as the 217th largest and 760th most expensive of the 1,394 postcodes in the PR3 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 3 houses and 1 flat.
PR3 2LY is a residential postcode situated on Chipping Road, Longridge, Preston, PR3 with 4 addresses.
It ranks as the 217th largest and 760th most expensive of the 1,394 postcodes in the PR3 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 3 houses and 1 flat.
Sale prices range from £206,486 for 2 bedroom Leasehold flats (874 ft2) to £495,387 for 4 bedroom freehold houses with a garden (1,926 ft2) .
Monthly rental prices range from £746 pcm for 2 bed flats to £1,118 pcm for 4 bed houses.
The gross rental yield is between 2.6% and 4.3%.
The average value per square foot is £300.
The last sale in PR3 2LY sold for £361,250 on 23rd January 2025. Since then prices are up an average of 3.1%.
The current average value in the postcode is £343,398.
The PR3 2LY Sales Market has increased by 32.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £343,398 |
| April 2025 | 3.8% | £336,849 |
| April 2024 | 0.9% | £324,420 |
| April 2023 | 3.2% | £321,565 |
| April 2022 | 8.3% | £311,729 |
| April 2021 | 6.7% | £287,829 |
| April 2020 | 0.3% | £269,800 |
| April 2019 | 1.5% | £269,104 |
| April 2018 | 0.8% | £265,208 |
| April 2017 | 1.4% | £263,050 |
| April 2016 | 1.6% | £259,372 |
| April 2015 | 2.2% | £255,174 |
| April 2014 | 4.1% | £249,779 |
| April 2013 | -1% | £239,975 |
| April 2012 | -2.1% | £242,296 |
| April 2011 | -3.7% | £247,556 |
| April 2010 | 1.5% | £257,092 |
| April 2009 | -11.4% | £253,306 |
| April 2008 | -0.3% | £285,948 |
| April 2007 | 0% | £286,753 |
The current average rental value in the postcode is £1,014.
The PR3 2LY Rental Market has increased by 53.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.8% | £1,014pcm |
| April 2025 | 8.1% | £977pcm |
| April 2024 | 6.9% | £903pcm |
| April 2023 | 6.3% | £845pcm |
| April 2022 | 8.8% | £795pcm |
| April 2021 | 6.4% | £731pcm |
| April 2020 | 2.6% | £687pcm |
| April 2019 | 0.4% | £669pcm |
| April 2018 | 0.4% | £667pcm |
| April 2017 | 0.3% | £664pcm |
| April 2016 | 0.3% | £662pcm |
| April 2015 | 3.3% | £660pcm |
| April 2014 | 0% | £639pcm |
| April 2013 | 0.5% | £639pcm |
| April 2012 | 0.8% | £635pcm |
| April 2011 | 0.5% | £630pcm |
| April 2010 | 0.6% | £627pcm |
| April 2009 | -4.7% | £623pcm |
| April 2008 | 5.2% | £654pcm |
| April 2007 | 0% | £622pcm |
The last sale was on 23rd January 2025 for £361,250 and since then the market in the area has increased by 3.1%. The postcode has had a total of 6 sales since 1995.
PR3 2LY has seen 1 sale in the last three years and no sales in the last twelve months.
PR3 2LY is the 217th largest and the 760th most expensive postcode out of the 1,394 postcodes in the PR3 area.
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The closest station to PR3 2LY is Ramsgreave & Wilpshire station which is 11.0 kilometres away.
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