Apartment 218, The Quadrangle, 1 Lower Ormond Street, Manchester, M1 5QE is a leasehold flat built between 1996-2002. The property offers approximately 764 square feet of living space and is situated on the 9th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £236,605 , which equates to approximately £310 per square foot. It was last sold on 11 Dec 2023 for £225,000. Since then, the value has increased by £11,605, representing a 5.2% increase, or approximately 2.6% per year.

The current estimated value of £236,605 is:

  • 33.1% lower than the average property price on Lower Ormond Street
  • 33.2% lower than the average in the M1 5QE postcode area
  • and 38.4% lower than the average price for Manchester as a whole

At the most recent EPC inspection on 10 August 2021, the property was recorded as rented.

View sold house prices in M1 5QE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
764 sq ft
Tenure
Leasehold
Floor level
9th floor
Price (estimate)
£236,605
Price Per sq ft (estimate)
£310
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 218, 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 10 Aug 2021.

This property uses electric room 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 20 May 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 21.9%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
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

49 th / 78
Price Rank
33% lower than average
34 th / 72
Size Rank
7% smaller than average
53 rd / 72
Price Per Sq FT Rank
28% lower than average

Compared to other properties in M1 5QE , this flat's estimated value ranks 49th out of 78. Based on price per square foot, it ranks 53th out of 72 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 34th out of 72 properties in its postcode area.

Sale History

Today
£236,605
streetscan.co.uk estimate
+5 %
11 Dec 2023
£225,000
Leasehold
+18.5 %
27 Nov 2006
£189,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 732 sq ft
sale price: £230,000
sale date: 29 Jan 2024
rooms: 3
size: 721 sq ft
sale price: £257,500
sale date: 4 Jan 2021
rooms: 2
size: 829 sq ft
sale price: £190,000
sale date: 18 Oct 2019
rooms: 3
size: 732 sq ft
sale price: £250,000
sale date: 11 May 2018
rooms: 3
size: 786 sq ft
sale price: £250,500
sale date: 26 Feb 2018

Data Sources

The property at Apartment 218, The Quadrangle, 1 Lower Ormond Street, Manchester, M1 5QE appears two times in the Land Registry records, with the latest transaction recorded on 11 Dec 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Aug 2021. 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.