A home in Didsbury buys you a slice of the best vibe in Manchester, popular for its trendy bars, restaurants and relentless sense of style. The last ten years have seen Didsbury become a magnet for young professionals turning it into a destination whose only equals are London hotspots like Islington.
So, it’s no surprise that Didsbury has provided a welcome home for many BBC staff relocating from the capital.
According to Bridgfords, Didsbury is on a one-way escalator. Average sale prices have risen sharply in the last five years – up 3.9% this year, 17% over five years, both massively outpacing the regional norm, with prices showing no sign of slowing down.
Didsbury vendors might think they have the whip hand, and are free to price optimistically, but that’s not quite right. Didsbury’s buyers are overwhelmingly first-time buyers (42%) often with little or no help from parents (cash buyers are just 18%).
Many are pushing themselves to the mortgage limits to afford a Didsbury life, that puts a cap on prices so the average Didsbury semi is around £302,000 compared to Wilmslow’s £349,000.
The good news for committed Didisburgians is that they don’t need to give up the Didsbury life when kids arrive. A new primary school at Beaver Road will provide 1,050 new places making it one of the largest in the UK.
The new school, due to open in September 2018, could persuade more 30 somethings to stay put rather than relocate to popular alternatives like Wilmslow or Hale. That in turn could mean fewer houses coming onto the market, helping to push prices up.