House price for flat home right for Manchester?

Gail Platt bought the family home on Coronation Street after inheriting some money from her late father. But is the house price right for the Manchester area?

She only paid just under £ 140,000 and yes, that’s well worth the money, according to real estate agents.

Around this time last year, Coronation Street fans were amazed in disbelief after finding out that Ken Barlow’s house was for sale for £ 120,000.

Real real estate prices on Coronation Street

A number of onlookers reacted by surprise after finding out the price of Ken’s three-bedroom block at No. 1 Coronation Street in Weatherfield, a fictional city in the Greater Manchester area, after he decided to start a new life at Still Waters Luxury Retirement Complex to begin with.

Coronation Road # 1 is worth £ 120,000 (Credit: ITV Hub)

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Ken’s daughter Tracy Barlow wanted to buy the property back then … just as she was trying to get the Platt property for a bargain!

Spectators shocked at the cost of homes on Corrie

Fans took to Twitter to express their disbelief at the “cheap” price.

Real estate agents evaluate property prices on Coronation Street

However, two real estate agents who are experts in real estate in Manchester confirmed that £ 120,000 for a three bedroom home is not uncommon for the region. And so the Platts Posher property on the other side of the street will be preserved.

Expert Antony Waring who works for YOPA Property Limited said: “Early 20th century townhouses like Ken’s are becoming increasingly desirable in the Manchester area, especially with first-time buyers and investors.

“For first time buyers, they’re an affordable step up the home ladder – £ 120,000 – £ 140,000 is about right – and investors can get a healthy return by renting them out to young couples and families.

“With such high demand for this type of property, they are picked up quickly and often for more than the advertised price!”

Ken brought his house to market so he could move into a retirement home (Credit: ITV)

Another real estate agent, Ian Barber, added: “At the moment, Salford in particular is in high demand due to its long-standing low prices and now has very good rents which translate into high returns.

“This area is only a short drive from Manchester city center, Media City and Salford Quays. The introduction of Metrolink in some parts has also increased its attractiveness. “

Ken has lived in # 1 for many years (Credit: ITV)

Were you shocked by the price of the Platts or Barlows House?

Coronation Street airs Mondays, Wednesdays and Fridays at 7:30 p.m. and 8:30 p.m. on ITV.

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