Preston House Prices, London
Preston is an area, located in the borough Brent.
Preston House Prices
As of June, 2024, the average house prices in Preston are as follows:
- 1 bedroom flat – £250,000 (1.45%)
- 2 bedroom flat – £350,000 (-2.39%)
- 3 bedroom flat – £710,000 (1.01%)
- 4 bedroom flat – £857,500 (-0.43%)
- 5 bedroom flat – £1,000,000 (3.91%)
Keep in mind that these are simply the average rates for Preston house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Preston, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Preston house price is £650,000, low by 0% as of £650,000 in May, 2024.
- Currently, there are 66 houses for sale and an average of 2 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Preston house prices.
Preston House Prices Growth
The average house price in Preston over the last 5 years is as follows:
- 2019-06 – £425,630
- 2020-06 – £345,174 (-18.9%)
- 2021-06 – £471,123 (36.49%)
- 2022-06 – £460,207 (-2.32%)
- 2023-06 – £480,981 (4.51%)
- 2024-06 – £488,104 (1.48%)
Sold house prices in Preston have increased from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 14%. Thanks to this overall increase, many sellers are generating attractive profits.
In addition to checking the average Preston house prices, it’s also wise to keep an eye on house rent prices in Preston. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Preston.