Apartment 187 The Quadrangle, 1 Lower Ormond Street

    APARTMENT 187 THE QUADRANGLE, 1, LOWER ORMOND STREET, MANCHESTER, M1 5QE

    This flat/maisonette leasehold property on Lower Ormond Street last sold in September 2012 for £125,000. Based on price growth in the M1 district since then, its estimated current value is £228,443 — placing it in the 32nd percentile nationally and the 41st percentile within M1. The property covers 71 m² (764 sq ft), giving an estimated value of £3,218 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £125,000

    Sept 2012

    Estimated Valuation

    £228,443

    Est. £/sq ft

    £299/sq ft

    £3,218/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 area764 sq ft (71 m²)
    EPC dateFeb 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    28 Sept 2012

    £125,000

    24 Nov 2006

    New build

    £189,950

    Key Metrics

    Estimated valuation£228,443
    Value per sq ft / m²£299/sq ft (£3,218/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M1 district percentile41st percentile
    National percentile32nd 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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