Apartment 10, 2
Apartment 10, 2
Description & Estimates
Apartment 10, 2, Lower Ormond Street, Manchester appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a modern apartment with 459 ft2 of internal area and a balcony.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Apartment 10, 2, Lower Ormond Street, Manchester is £181,052 and its rental estimate is £1,270 per month, given the available information and assuming reasonable condition.
2, Lower Ormond Street is a residential building on Lower Ormond Street, Manchester, M1 and falls within the M1 postal district and the borough of Manchester.
Our Data Sources
Apartment 10, 2, Lower Ormond Street, Manchester has 2 entries in the Land Registry , most recently in May 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Apartment 10, 2, Lower Ormond Street, Manchester, we estimate a market value of £190,104 and a rental value of £1,333 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £168,378 and £1,181 per month respectively.
Recent Market Change
Over the last year, Apartment 10, 2, Lower Ormond Street, Manchester has seen its estimated sale value drop by £5,764 (3.2%) and its estimated rental value rise by £22 per month (1.7%). This results in an estimated gross rental yield of 8.4%.
Sold Prices
The most recent sale of Apartment 10, 2, Lower Ormond Street, Manchester completed on 31st May 2019 at £180,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 5.1% over the period since May 2019.
- Sold May 2019£180,000
- Sold Sep 2008£181,170
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 10, 2, Lower Ormond Street, Manchester have sold within a radius of 100 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2024, was Apartment 188, The Quadrangle 1, Lower Ormond Street, Manchester, M1 5QE, a leasehold flat which sold for £167,000.
Read more about house prices in M1.
- Sold Mar 2024£167,000 | 2 Bed FlatThe Quadrangle 1, Lower Ormond StreetApartment 188, The Quadrangle 1, Lower Ormond Street, Manchester, M1 5QE
- Sold Jan 2024£137,000 | 2 Bed FlatThe Quadrangle 1, Lower Ormond StreetApartment 10, The Quadrangle 1, Lower Ormond Street, Manchester, M1 5QF
- Sold Jul 2023£185,000 | 2 Bed FlatThe Quadrangle 1, Lower Ormond StreetApartment 62, The Quadrangle 1, Lower Ormond Street, Manchester, M1 5QD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 268 addresses on Lower Ormond Street, Manchester, M1, Apartment 10, 2, Lower Ormond Street, Manchester comes out as the 248th largest and the 236th most expensive in our analysis of the public data.
It is also £51k less expensive than the average property across the M1 district.
More reading links
Schools Nearby
- 500mSt Philip's Church of England Primary School
- 900mSt Wilfrid's RC Primary School
- 1.0kmCrown Street Primary School
- 800mTrinity CofE High School
- 1.7kmManchester Academy
- 2.5kmDean Trust Ardwick
More reading links
Public Transport Nearby
From Apartment 10, 2, Lower Ormond Street, Manchester, the nearest station is Manchester Oxford Road, 200 metres away.
- 200mManchester Oxford Road
- 600mDeansgate
- 1.0kmManchester Piccadilly
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
