Below asking price: Manchester’s greatest gaps between listing and sale price

Published Apr 13, 2025

Manchester’s real estate scene in March witnessed interesting transactions, notably homes that sold below their initial listing prices.

Within the 81 flat transactions, a handful distinguished themselves with substantial price disparities, presenting buyers with advantageous opportunities in the market. Here are the top 10 homes that secured prices significantly below their initial asking rates.

The properties listed below encompass flats, with their deeds filed with the Land Registry during the month of March, even if the sales were conducted earlier.

£3000 (1%) below asking – Kelso Place, Hulme

The sale of a flat in 2 Kelso Place in the M15 postcode area was finalised on February 13. It was originally listed for £230,000 and was sold for £227,000 after it had been on the market for two months and two days, displaying a 1% price reduction. The home has a living area of 710 sqft and the price per sqft settled at £320. The property has two bedrooms and one bathroom.

190 Stockport Road176 Stockport Road

£3000 (2%) below asking – Stockport Road, Ardwick

A flat at 190 Stockport Road in the M13 postcode area also has new owners. Initially listed for £180,000, it settled at £177,000, marking a 2% price reduction to reach its eventual selling price. It was on the market for two months and 17 days. Covering 900 sqft, the property’s price per sqft ended up at £197. The property consists of two bedrooms and two bathrooms. The sale was settled on 28 January.

£3950 below asking – Plainsfield Street, Moss Side

Listed at £149,950, this detached house at 20 Plainsfield Street in the M16 postcode area settled at £146,000, reflecting a 3% price reduction. Spanning 495 sqft, the property’s price per sqft was £295. Featuring two bedrooms and one bathroom, the transfer of ownership was completed on 20 January.

347 Moss Lane East

£5000 (3%) below asking – Moss Lane East, Ardwick

The sale of a flat at 347 Moss Lane East in the M14 postcode area was finalised on February 12. It was originally listed for £145,000 and was sold for £140,000 after it had been on the market for one month and four days, displaying a 3% price reduction. The home has a living area of 645 sqft and the price per sqft settled at £217. The property comprises two bedrooms and one bathroom.

£5000 (4%) below asking – Boston Street, Hulme

With two bedrooms and one bathroom, this flat at 1 Boston Street in the M15 postcode area changed hands. Originally listed for £140,000, it sold at £135,000 after a 4% reduction in price after it had been on the market for two months and 23 days. The transfer of ownership was completed on 6 February. The home has a living area of 570 sqft and the eventual price per sqft was £237.

£7000 (4%) below asking – Stockport Road, Ardwick

This flat at 176 Stockport Road in the M13 postcode area has new owners. It was initially listed for £180,000 and settled at £173,000 after it had been on the market for two months and 17 days, undergoing a 4% price reduction to reach its eventual selling price. The living area totals 900 sqft and the price per sqft ended up at £192. The property offers two bedrooms and two bathrooms. The sale was settled on 2 February.

188 Hall Lane

£7000 (4%) below asking – Hall Lane, Baguley

Featuring two bedrooms, this flat in 188 Hall Lane in the M23 postcode area changed hands. Originally listed for £165,000, it sold at £158,000 after a 4% reduction in price after it had been on the market for three months and 20 days. The transfer of ownership was completed on 11 February. The home has a living area of 581 sqft and the eventual price per sqft was £272.

£7995 below asking – Whiteoak Road, Withington

The Deansgate, 1 Whiteoak Road

The sale of a flat at The Deansgate, 1 Whiteoak Road in the M14 postcode area was finalised on February 13. It was originally listed for £159,995 and was sold for £152,000, displaying a 5% price reduction. The home has a living area of 592 sqft and the price per sqft settled at £257. The property has two bedrooms.

8 Moorfield Road

£10,000 below asking – Moorfield Road, Didsbury West

Listed at £325,000, this detached house at 8 Moorfield Road in the M20 postcode area settled at £315,000 after five months and 24 days on the market, reflecting a 3% price reduction. Spanning 861 sqft, the property’s price per sqft was £366. With two bedrooms and two bathrooms, the transfer of ownership was completed on 15 January.

£17,500 below asking – School Lane, Didsbury East

At the forefront of the list stands a property that sold for £247,500, representing the most substantial variance between the listing and final sale price in Manchester in March. The cost per square foot amounted to £348. It commenced its listing at £265,000, signaling a reduction in price by 7% to attain the eventual selling price. This flat, spanning 712 square feet, is located at 106 School Lane in the M20 postcode area. The transfer of ownership was completed on 2 February, after it had been on the market for six months and 29 days. The property offers two bedrooms.