# PR2 3AF Area Summary
The PR2 3AF postcode covers part of Preston, Lancashire, situated close to the city centre. This established residential area offers a mix of traditional terraced housing and converted properties, making it particularly accessible for first-time buyers and investors seeking rental opportunities. With 70 properties in the dataset showing an average price of £126,281, this area represents excellent value compared to both regional and national averages, positioning it as one of Preston's more affordable residential pockets.
The notably low average property price reflects the area's character as a traditional working-class neighbourhood with predominantly Victorian and Edwardian terraced housing stock. At approximately £126,000, properties here are priced well below the UK national average, offering significant opportunities for buyers with modest budgets or landlords looking to build buy-to-let portfolios. The area's proximity to Preston city centre, with its transport links including Preston railway station and employment opportunities, adds to its appeal despite the lower price point.
This locale is characterised by its urban setting with good access to local amenities, shops, and services typical of inner-city Preston locations. The affordable price range suggests strong potential for capital growth as Preston continues to benefit from ongoing regeneration and improved connectivity, particularly with regular services to Manchester, Liverpool, and London.
The average house price in PR2 3AF, Preston is £126,281. Prices range from £79,950 to £205,000.
There are 70 properties in PR2 3AF, Preston.
PR2 3AF contains 28 flat / maisonette properties, 20 terraced properties, 12 semi-detached properties, 10 detached properties.
Average house prices in PR2 3AF have risen by 43% from £122,864 in 2004 to £175,750 in 2024.
PR2 3AF is located in Preston, Lancashire, England.