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

Among the 137 terraced houses changing hands, a select few stood out for their significant price differences, offering buyers advantageous deals in the market. Here’s an exclusive look at the top 10 homes that fetched prices notably lower than their initial asking rates.

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

10. £15,000 (7%) below asking – Cowesby Street, Moss Side

A house at Cowesby Street in Moss Side changed hands. Initially listed for £210,000, it settled at £195,000, marking a 7% price reduction to reach its eventual selling price. It was on the market for one month and 11 days. Covering 839 sqft, the property’s price per sqft ended up at £232. The property consists of three bedrooms and one bathroom, and the property has an energy efficiency rating of D. The sale was settled on 30 March.

9. £17,500 (5%) below asking – Ladysmith Road, Didsbury East

The sale of the house at Ladysmith Road in Didsbury East was finalised on March 19. It was originally listed for £325,000 and was sold for £307,500 after it had been on the market for 29 days, displaying a 5% price reduction. The home has a living area of 623 sqft and the price per sqft settled at £494. The property has two bedrooms and one bathroom and the energy efficiency of the property is rated C.

8. £19,000 (8%) below asking – Woodhall Avenue, Old Moat

A house in Woodhall Avenue in Old Moat also has new owners. Initially listed for £230,000, it settled at £211,000, marking a 8% price reduction to reach its eventual selling price. It was on the market for 15 days. Covering 807 sqft, the property’s price per sqft ended up at £261. The property comprises three bedrooms and one bathroom, and the property holds a D energy efficiency rating. The sale was finalised on 30 March.

7. £20,050 (8%) below asking – Ardmore Walk, Sharston

This house at Ardmore Walk in Sharston has new owners. It was initially listed for £250,000 and settled at £229,950 after it had been on the market for five months and four days, undergoing a 8% price reduction to reach its eventual selling price. The living area totals 764 sqft and the price per sqft ended up at £301. The property offers three bedrooms and one bathroom and the energy efficiency of the property is rated C. The sale was settled on 23 March.

6. £25,000 (10%) below asking – Royle Green Road, Northenden

With three bedrooms and a C energy efficiency rating, this house at Royle Green Road in Northenden, changed hands. Originally listed for £255,000, it sold at £230,000 after a 10% reduction in price. The transfer of ownership was completed on 9 April. The home has a living area of 882 sqft and the eventual price per sqft was £261.

5. £26,850 (9%) below asking – Danforth Grove, Levenshulme

Listed at £290,000, this detached house at Danforth Grove in Levenshulme settled at £263,150 after one month and 25 days on the market, reflecting a 9% price reduction. Spanning 904 sqft, the property’s price per sqft was £291. Featuring two bedrooms and one bathroom and a D energy efficiency rating, the transfer of ownership was completed on 26 March.

4. £30,000 (13%) below asking – Chudleigh Road, Crumpsall

Featuring three bedrooms and one bathroom and a C energy efficiency rating, this house at Chudleigh Road in Crumpsall, changed hands. Originally listed for £230,000, it sold at £200,000 after a 13% reduction in price after it had been on the market for 22 days. The transfer of ownership was completed on 20 March. The home has a living area of 785 sqft and the eventual price per sqft was £255.

3. £35,000 (16%) below asking – Northcote Avenue, Sharston

This house at Northcote Avenue in Sharston has new owners. It was initially listed for £220,000 and settled at £185,000 after it had been on the market for one month and 21 days, undergoing a 16% price reduction to reach its eventual selling price. The living area totals 1,097 sqft and the price per sqft ended up at £169. The property comprises two bedrooms, and the property holds a C energy efficiency rating. The sale was completed on 3 April.

2. £40,000 (8%) below asking – Buxton Avenue, Didsbury West

Listed at £490,000, this detached house at Buxton Avenue in Didsbury West settled at £450,000 after 14 days on the market, reflecting a 8% price reduction. Spanning 957 sqft, the property’s price per sqft was £470. With three bedrooms and one bathroom and a E energy efficiency rating, the transfer of ownership was completed on 27 March.

1. £69,000 (16%) below asking – Norwood Avenue, Didsbury East

At the forefront of the list stands a property that sold for £356,000, representing the most substantial variance between the listing and final sale price in Manchester in May. The cost per square foot amounted to £269. It commenced its listing at £425,000, signaling a reduction in price by 16% to attain the eventual selling price. This house, spanning 1,323 square feet, is located at Norwood Avenue in Didsbury East. The transfer of ownership was completed on 27 March, after it had been on the market for one month. The property has four bedrooms and two bathrooms and the energy efficiency of the property is rated D.