Apartment 176 The Quadrangle, 1 Lower Ormond Street

    APARTMENT 176 THE QUADRANGLE, 1, LOWER ORMOND STREET, MANCHESTER, M1 5QE

    This flat/maisonette leasehold property on Lower Ormond Street last sold in July 2020 for £240,000. Based on price growth in the M1 district since then, its estimated current value is £232,974 — placing it in the 33rd percentile nationally and the 44th percentile within M1. The property covers 54 m² (581 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

    581 sq ft

    54 m²

    Last Sale Price

    £240,000

    Jul 2020

    Estimated Valuation

    £232,974

    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 area581 sq ft (54 m²)
    EPC dateJan 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    10 Jul 2020

    £240,000

    29 Nov 2013

    £189,995

    29 Sept 2005

    New build

    £152,000

    Key Metrics

    Estimated valuation£232,974
    Value per sq ft / m²£401/sq ft (£4,314/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M1 district percentile44th percentile
    National percentile33rd 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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