Apartment 190, The Quadrangle, 1 Lower Ormond Street, Manchester, M1 5QE is a leasehold flat built between 2003-2006. The property offers approximately 495 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 £298,091 , which equates to approximately £602 per square foot. It was last sold on 31 Mar 2005 for £126,000. Since then, the value has increased by £172,091, representing a 136.6% increase, or approximately 6.6% per year.

The current estimated value of £298,091 is:

  • 15.0% lower than the average property price on Lower Ormond Street
  • 15.8% lower than the average in the M1 5QE postcode area
  • and 18.4% lower than the average price for Manchester as a whole

View sold house prices in M1 5QE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
8th floor
Price (estimate)
£298,091
Price Per sq ft (estimate)
£602
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 190, 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 8 Dec 2016.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Nov 2008, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 16.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system changed from electric immersion, standard tariff to electric immersion, off-peak, with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 36% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency improving from average to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to M1 5QE

60 th / 78
Price Rank
16% lower than average
64 th / 72
Size Rank
40% smaller than average
9 th / 72
Price Per Sq FT Rank
39% higher than average

Compared to other properties in M1 5QE , this flat's estimated value ranks 60th out of 78. Based on price per square foot, it ranks 9th 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 64th out of 72 properties in its postcode area.

Sale History

Today
£298,091
streetscan.co.uk estimate
+137 %
31 Mar 2005
£126,000
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: 484 sq ft
sale price: £147,000
sale date: 23 Jan 2015
rooms: 2
size: 549 sq ft
sale price: £119,950
sale date: 7 Mar 2014
rooms: 2
size: 441 sq ft
sale price: £121,000
sale date: 13 Dec 2013
rooms: 3
size: 474 sq ft
sale price: £122,000
sale date: 9 Aug 2005

Data Sources

The property at Apartment 190, The Quadrangle, 1 Lower Ormond Street, Manchester, Greater Manchester, M1 5QE appears once in the Land Registry records, with the transaction recorded on 31 Mar 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Dec 2016. 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.