Apartment 22 The Quadrangle, 1 Lower Ormond Street

    APARTMENT 22 THE QUADRANGLE, 1, LOWER ORMOND STREET, MANCHESTER, MANCHESTER, M1 5QF

    This flat/maisonette leasehold property on Lower Ormond Street last sold in December 2005 for £124,000. Based on price growth in the M1 district since then, its estimated current value is £197,275 — placing it in the 24th percentile nationally and the 23rd percentile within M1. The property covers 45 m² (484 sq ft), giving an estimated value of £4,384 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £124,000

    Dec 2005

    Estimated Valuation

    £197,275

    Est. £/sq ft

    £407/sq ft

    £4,384/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area484 sq ft (45 m²)
    EPC dateJul 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    2 Dec 2005

    £124,000

    25 Oct 2004

    £92,000

    Key Metrics

    Estimated valuation£197,275
    Value per sq ft / m²£407/sq ft (£4,384/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M1 district percentile23rd percentile
    National percentile24th 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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