Apartment 156 The Quadrangle, 1 Lower Ormond Street

    APARTMENT 156 THE QUADRANGLE, 1, LOWER ORMOND STREET, MANCHESTER, M1 5QE

    This flat/maisonette leasehold property on Lower Ormond Street last sold in August 2023 for £218,500. Based on price growth in the M1 district since then, its estimated current value is £202,746 — placing it in the 25th percentile nationally and the 26th percentile within M1. The property covers 47 m² (506 sq ft), giving an estimated value of £4,314 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £218,500

    Aug 2023

    Estimated Valuation

    £202,746

    Est. £/sq ft

    £401/sq ft

    £4,314/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area506 sq ft (47 m²)
    EPC dateMar 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    31 Aug 2023

    £218,500

    5 Aug 2011

    £139,600

    2 Dec 2004

    New build

    £149,080

    Key Metrics

    Estimated valuation£202,746
    Value per sq ft / m²£401/sq ft (£4,314/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M1 district percentile26th percentile
    National percentile25th 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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