Apartment 194 The Quadrangle, 1 Lower Ormond Street

    APARTMENT 194 THE QUADRANGLE, 1, LOWER ORMOND STREET, MANCHESTER, M1 5QE

    This flat/maisonette leasehold property on Lower Ormond Street last sold in March 2011 for £156,000. Based on price growth in the M1 district since then, its estimated current value is £246,238 — placing it in the 36th percentile nationally and the 50th percentile within M1. The property covers 56 m² (603 sq ft), giving an estimated value of £4,397 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £156,000

    Mar 2011

    Estimated Valuation

    £246,238

    Est. £/sq ft

    £408/sq ft

    £4,397/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 area603 sq ft (56 m²)
    EPC dateFeb 2021
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    18 Mar 2011

    £156,000

    12 May 2005

    New build

    £152,000

    Key Metrics

    Estimated valuation£246,238
    Value per sq ft / m²£408/sq ft (£4,397/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M1 district percentile50th percentile
    National percentile36th 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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