Apartment 162 The Quadrangle, 1 Lower Ormond Street

    APARTMENT 162 THE QUADRANGLE, 1, LOWER ORMOND STREET, MANCHESTER, M1 5QE

    This flat/maisonette leasehold property on Lower Ormond Street last sold in January 2024 for £230,000. Based on price growth in the M1 district since then, its estimated current value is £188,410 — placing it in the 21st percentile nationally and the 18th percentile within M1. The property covers 68 m² (732 sq ft), giving an estimated value of £2,771 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £230,000

    Jan 2024

    Estimated Valuation

    £188,410

    Est. £/sq ft

    £257/sq ft

    £2,771/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 area732 sq ft (68 m²)
    EPC dateSept 2014
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    29 Jan 2024

    £230,000

    11 Dec 2018

    £260,000

    1 Dec 2014

    £185,000

    27 Apr 2005

    New build

    £149,500

    Key Metrics

    Estimated valuation£188,410
    Value per sq ft / m²£257/sq ft (£2,771/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M1 district percentile18th percentile
    National percentile21st 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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