# PR2 1BZ Area Summary
PR2 1BZ covers a section of central Preston, Lancashire, positioned close to the city centre and its key transport links. This urban postcode area forms part of Preston's inner residential districts, offering a mix of terraced housing, flats, and some period conversions typical of established Lancashire towns. The location benefits from proximity to Preston's amenities, including shopping facilities, Preston railway station with its excellent West Coast Main Line connections to London, Manchester, and Scotland, and the University of Central Lancashire (UCLan), which brings a vibrant student population to the surrounding areas.
With 79 properties and an average price of £135,476, this area represents notably affordable housing compared to the UK national average. These price levels typically attract first-time buyers, buy-to-let investors targeting the student and young professional rental market, and those seeking value within commuting distance of Manchester and the wider North West. The lower price point reflects Preston's position as an accessible Northern city market, though ongoing regeneration projects in Preston city centre and continued infrastructure improvements may influence future value trajectories. This area suits budget-conscious buyers looking for urban convenience without the premium pricing of larger regional centres.
The average house price in PR2 1BZ, Preston is £135,476. Prices range from £85,000 to £175,000.
There are 79 properties in PR2 1BZ, Preston.
PR2 1BZ contains 48 terraced properties, 21 flat / maisonette properties, 7 detached properties, 3 semi-detached properties.
Average house prices in PR2 1BZ have risen by 5% from £125,657 in 2011 to £132,000 in 2024.
PR2 1BZ is located in Preston, Lancashire, England.