# PR1 3AW Area Summary
PR1 3AW covers the heart of Preston city centre, encompassing the primary retail and commercial district. This postcode area includes Fishergate, the main shopping street, along with surrounding civic buildings and the historic Market Square. With 69 properties averaging £180,406, this area represents excellent value compared to many UK city centres, reflecting Preston's position as an accessible Lancashire hub with strong transport links to Manchester, Liverpool, and the wider North West.
The property market here is dominated by city centre apartments and converted commercial buildings, attracting young professionals, students from the nearby University of Central Lancashire (UCLan), and buy-to-let investors. The below-average price point makes it particularly appealing for first-time buyers seeking urban living without London or Manchester premiums. The area benefits from ongoing regeneration efforts, improved leisure facilities, and the Preston Guild Hall cultural venue, though properties tend to be more compact given the dense city centre location. Rental demand remains robust due to the student population and commuters working in Preston's business district.
The average house price in PR1 3AW, Preston is £180,406. Prices range from £117,500 to £2,600,000.
There are 69 properties in PR1 3AW, Preston.
PR1 3AW contains 67 flat / maisonette properties, 2 other properties.
Average house prices in PR1 3AW have fallen by 95.5% from £2,600,000 in 2020 to £117,500 in 2024.
PR1 3AW is located in Preston, Lancashire, England.