Discover The Latest Property Statistics and Sold House Prices In Preston, Dorset.

Gain a competitive edge in the Preston, Dorset housing market using our extensive data on house prices with local insights and trends.

Residential apartment buildings at Princes Reach, Ashton-on-Ribble at the Preston Riversway Docklands. Blocks of flats, alongside the River Ribble in Preston, on a clear summer day.

PRESTON

Property market data for Preston in Dorset. Compare data on the district postcode areas of Preston including sold house price growth, long let gross rental yield, buyer demand, average asking price, average price per square foot and average rental prices. Explore Preston with a range of tools to help you understand the local market.

In the centre of Preston, BH21 long-let gross yield is 3.8%, the average rental price is £356 the average asking price is £490,362 and the average price per square foot is £404. There are currently N/A completed property sales per month, with a turnover of 8.0%. Toggle between postcode districts to see how different areas compare.

BUY-TO-LET PROPERTY INVESTMENT IN PRESTON

Understanding the Housing Market in Preston: Key Facts and Figures

Sitting on the north side of the River Ribble, Preston is the administrative centre of Lancashire and a relatively new city, having achieved city status in only 2002. Founded by the Angles and with a name derived from the Old English for priest's settlement, Preston was awarded the right to hold a Guild Merchant in 1179, which is a civic celebration, held every 20 years. It is the only guild that is still celebrated in the UK. It was a notable boomtown during the industrial revolution, known for manufacturing and textiles but like all northern cities and settlements, suffered a period of deindustrialisation and economic decline during the mid to late 20th century, The city, for its size, has an impressive GVA of over £4.2 billion and, having seen around 8.5% growth in 2021, is one of the fastest-growing economies in the UK, coming just behind Southampton and following Milton Keynes and Stoke-on-Trent. This impressive result is due in no small part to the University of Central Lancashire, an institution that employs close to 40,000 people, that is not only a driving, cultural force in the city but one that has been either behind or an inspiration for significant regeneration and the development of city infrastructure. Aside from the university, the local economy today is built on logistics, defence, telecoms and public services. Sitting between the M6, M55, M65, and M61, it is home to numerous freight and haulage companies. BAE Systems have two, major facilities there, BAE Warton and BAE Samlesbury, and have facilities also in Portway and at The Strand. Other major employers include The Carphone Warehouse, Talk Talk, the Student Loans Company, Team Knowhow and the Post Office. Preston is also a major retail centre with two main high streets and two large shopping centres which serves not only the local population but also those who live in the surrounding areas. With an average house price of under £150,000 and with houses available for as little as £40,000, Preston is a very affordable place to buy a home. Like any city, it has smart, residential areas and like any city, it has more deprived areas. It is true, however, that the areas of deprivation in Preston are significantly more so than many of the other northern cities. However, aside from that, Preston has the normal selection of available property styles, from buy-to-let, single-person apartments, to student HMOs, to family houses in the suburbs.

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