Apartment 227, The Quadrangle, 1 Lower Ormond Street, Manchester, M1 5QE is a leasehold flat built between 2007-2011. The property offers approximately 1,345 square feet of living space and is situated on the 10th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £535,923 , which equates to approximately £398 per square foot. It was last sold on 22 Dec 2017 for £380,000. Since then, the value has increased by £155,923, representing a 41.0% increase, or approximately 5.1% per year.

The current estimated value of £535,923 is:

  • 52.8% higher than the average property price on Lower Ormond Street
  • 51.4% higher than the average in the M1 5QE postcode area
  • and 46.7% higher than the average price for Manchester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 14 September 2023, the property was recorded as rented.

View sold house prices in M1 5QE

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
1345 sq ft
Tenure
Leasehold
Floor level
10th floor
Price (estimate)
£535,923
Price Per sq ft (estimate)
£398
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Apartment 227, 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 14 Sep 2023.

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 22 May 2012, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 1.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 18% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to M1 5QE

17 th / 78
Price Rank
51% higher than average
8 th / 72
Size Rank
64% bigger than average
62 nd / 72
Price Per Sq FT Rank
8% lower than average

Compared to other properties in M1 5QE , this flat's estimated value ranks 17th out of 78. Based on price per square foot, it ranks 62th 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 8th out of 72 properties in its postcode area.

Sale History

Today
£535,923
streetscan.co.uk estimate
+41 %
22 Dec 2017
£380,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1206 sq ft
sale price: £318,000
sale date: 15 Sep 2023
rooms: 3
size: 1238 sq ft
sale price: £330,000
sale date: 30 Sep 2021
rooms: 3
size: 1378 sq ft
sale price: £435,000
sale date: 11 Oct 2018
rooms: 3
size: 1235 sq ft
sale price: £280,000
sale date: 8 Jun 2015
rooms: 3
size: 1301 sq ft
sale price: £299,250
sale date: 25 Jan 2007

Data Sources

The property at Apartment 227, The Quadrangle, 1 Lower Ormond Street, Manchester, Greater Manchester, M1 5QE appears once in the Land Registry records, with the transaction recorded on 22 Dec 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Sep 2023. 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.