Apartment 197 The Quadrangle, 1 Lower Ormond Street

    APARTMENT 197 THE QUADRANGLE, 1, LOWER ORMOND STREET, MANCHESTER, M1 5QE

    This flat/maisonette leasehold property on Lower Ormond Street last sold in January 2021 for £257,500. Based on price growth in the M1 district since then, its estimated current value is £248,689 — placing it in the 37th percentile nationally and the 52nd percentile within M1. The property covers 67 m² (721 sq ft), giving an estimated value of £3,712 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £257,500

    Jan 2021

    Estimated Valuation

    £248,689

    Est. £/sq ft

    £345/sq ft

    £3,712/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area721 sq ft (67 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    4 Jan 2021

    £257,500

    5 Feb 2007

    New build

    £135,000

    Key Metrics

    Estimated valuation£248,689
    Value per sq ft / m²£345/sq ft (£3,712/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M1 district percentile52nd percentile
    National percentile37th 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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