Apartment 59 The Quadrangle, 1 Lower Ormond Street

    APARTMENT 59 THE QUADRANGLE, 1, LOWER ORMOND STREET, MANCHESTER, M1 5QD

    This flat/maisonette leasehold property on Lower Ormond Street last sold in April 2016 for £200,000. Based on price growth in the M1 district since then, its estimated current value is £245,827 — placing it in the 36th percentile nationally and the 50th percentile within M1. The property covers 69 m² (743 sq ft), giving an estimated value of £3,563 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £200,000

    Apr 2016

    Estimated Valuation

    £245,827

    Est. £/sq ft

    £331/sq ft

    £3,563/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateJan 2014
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    29 Apr 2016

    £200,000

    21 Jun 2005

    New build

    £167,949

    Key Metrics

    Estimated valuation£245,827
    Value per sq ft / m²£331/sq ft (£3,563/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M1 district percentile50th percentile
    National percentile36th percentile

    District Context — M1

    M1 covers central Manchester, including the city centre and its immediate surroundings. It is a predominantly young, urban area shaped by student accommodation, professional housing, and ongoing regeneration.

    Average Property Price - M1

    £260,119

    31

    National percentile

    Average Net Household Income - M1

    £39,803

    57

    National percentile

    10-Year Annualised Price Growth - M1

    4.0%

    65

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M1

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