Apartment 48 The Quadrangle, 1 Lower Ormond Street

    APARTMENT 48 THE QUADRANGLE, 1, LOWER ORMOND STREET, MANCHESTER, M1 5QF

    This flat/maisonette leasehold property on Lower Ormond Street last sold in June 2016 for £200,000. Based on price growth in the M1 district since then, its estimated current value is £245,827 — placing it in the 36th percentile nationally and the 50th percentile within M1. The property covers 86 m² (926 sq ft), giving an estimated value of £2,858 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £200,000

    Jun 2016

    Estimated Valuation

    £245,827

    Est. £/sq ft

    £266/sq ft

    £2,858/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area926 sq ft (86 m²)
    EPC dateNov 2018
    WallsCavity wall, filled cavity
    HeatingRoom heaters, electric

    Transaction History

    10 Jun 2016

    £200,000

    22 Jun 2005

    New build

    £154,000

    Key Metrics

    Estimated valuation£245,827
    Value per sq ft / m²£266/sq ft (£2,858/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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