Apartment 173 The Quadrangle, 1 Lower Ormond Street

    APARTMENT 173 THE QUADRANGLE, 1, LOWER ORMOND STREET, MANCHESTER, M1 5QE

    This flat/maisonette leasehold property on Lower Ormond Street last sold in October 2024 for £276,000. Based on price growth in the M1 district since then, its estimated current value is £226,092 — placing it in the 31st percentile nationally and the 40th percentile within M1. The property covers 92 m² (990 sq ft), giving an estimated value of £2,458 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £276,000

    Oct 2024

    Estimated Valuation

    £226,092

    Est. £/sq ft

    £228/sq ft

    £2,458/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area990 sq ft (92 m²)
    EPC dateAug 2020
    WallsSystem built, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    18 Oct 2024

    £276,000

    1 Feb 2007

    New build

    £319,950

    Key Metrics

    Estimated valuation£226,092
    Value per sq ft / m²£228/sq ft (£2,458/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M1 district percentile40th percentile
    National percentile31st 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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