Apartment 176, The Quadrangle, 1 Lower Ormond Street, Manchester, M1 5QE is a leasehold flat built between 2003-2006. The property offers approximately 581 square feet of living space and is situated on the 8th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £334,905 , which equates to approximately £576 per square foot. It was last sold on 10 Jul 2020 for £240,000. Since then, the value has increased by £94,905, representing a 39.5% increase, or approximately 7.3% per year.

The current estimated value of £334,905 is:

  • 5.3% lower than the average property price on Lower Ormond Street
  • 5.4% lower than the average in the M1 5QE postcode area
  • and 12.9% lower than the average price for Manchester as a whole

At the most recent EPC inspection on 21 January 2020, the property was recorded as owner-occupied.

View sold house prices in M1 5QE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
581 sq ft
Tenure
Leasehold
Floor level
8th floor
Price (estimate)
£334,905
Price Per sq ft (estimate)
£576
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 176, The Quadrangle, 1 Lower Ormond Street, Manchester, Greater Manchester, M1 5QE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Jan 2020.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Sep 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 13.4%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in 70% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to M1 5QE

30 th / 78
Price Rank
5% lower than average
60 th / 72
Size Rank
29% smaller than average
5 th / 72
Price Per Sq FT Rank
33% higher than average

Compared to other properties in M1 5QE , this flat's estimated value ranks 30th out of 78. Based on price per square foot, it ranks 5th out of 72 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 60th out of 72 properties in its postcode area.

Sale History

Today
£334,905
streetscan.co.uk estimate
+40 %
10 Jul 2020
£240,000
Leasehold
+26.3 %
29 Nov 2013
£189,995
Leasehold
+25 %
29 Sep 2005
£152,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 506 sq ft
sale price: £167,000
sale date: 18 Jul 2016
rooms: 3
size: 657 sq ft
sale price: £172,000
sale date: 21 Oct 2014
rooms: 2
size: 549 sq ft
sale price: £119,950
sale date: 7 Mar 2014
rooms: 3
size: 627 sq ft
sale price: £150,000
sale date: 26 Feb 2014
rooms: 3
size: 642 sq ft
sale price: £157,000
sale date: 31 Jan 2014

Data Sources

The property at Apartment 176, The Quadrangle, 1 Lower Ormond Street, Manchester, M1 5QE appears three times in the Land Registry records, with the latest transaction recorded on 10 Jul 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Jan 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.