Apartment 218 The Quadrangle, 1 Lower Ormond Street

    APARTMENT 218 THE QUADRANGLE, 1, LOWER ORMOND STREET, MANCHESTER, M1 5QE

    This flat/maisonette leasehold property on Lower Ormond Street last sold in December 2023 for £225,000. Based on price growth in the M1 district since then, its estimated current value is £208,777 — placing it in the 27th percentile nationally and the 30th percentile within M1. The property covers 71 m² (764 sq ft), giving an estimated value of £2,941 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £225,000

    Dec 2023

    Estimated Valuation

    £208,777

    Est. £/sq ft

    £273/sq ft

    £2,941/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    11 Dec 2023

    £225,000

    27 Nov 2006

    New build

    £189,950

    Key Metrics

    Estimated valuation£208,777
    Value per sq ft / m²£273/sq ft (£2,941/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M1 district percentile30th percentile
    National percentile27th 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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