But Ringo has dismissed the idea. He said in a TV interview: "Now they are knocking it down brick by brick because they are going to build flats there or high-rise or something, I don't know.
"They are going to put it somewhere else and I do not see the sense of putting it anywhere else, because you are going to have to put a plaque on whatever they build saying 'Ringo Starr was born here'. Well, not really."
Ringo then said he had never thought about buying the Madryn Street house.
He added: "Actually, Admiral Grove was the house I grew up in. I was in that house [Madryn Street] for four years, but it is the one that everyone likes."