House prices tell tales. In Dean Lane, they whisper of a steady climb.
Dean Lane in Manchester. It might seem like just another street. But it has its own story to tell.
Let’s delve into what makes Dean Lane unique. We will uncover some interesting facts.
House prices in Dean Lane averaged £185000 recently. This is a notable increase from past values.
Back in 2009 the peak price was around £142921. The current prices show a 29% increase. This means properties in Dean Lane have appreciated significantly.
Consider a purchase made on November 8 2024. A house then cost £185000. Contrast this with a sale on December 22 2009. The price then was £141995.
Looking at earlier sales we see even lower figures. In April 2018 a property sold for £118000. August 2017 saw a sale at £105000. October 2016 recorded a sale at £94500. These figures highlight the rising property values over the years.
Even within 2009 prices varied. Several sales in December 2009 were around £141995. But sales in August reached up to £164995. This fluctuation indicates market dynamics even within a single year.
Dean Lane’s housing mainly consists of semi-detached houses. This type suggests a possibly affluent neighborhood.
Interestingly a high percentage of homes in Dean Lane are rented. Around 42% are rented excluding social housing. This is higher than the national average.
Most households in Dean Lane are single-family homes. This is typical for suburban areas.
The population around Dean Lane has a high concentration of children. Approximately 25% are under 15 years old.
Dean Lane is more ethnically diverse than the UK average. About 63% of residents identify as white.
So the next time you pass through Dean Lane remember its story. It is a story of rising house prices diverse residents and a changing community. This lane is more than just a location. It is a piece of Manchester’s evolving story.