Apartment 18, 2
Apartment 18, 2
Description & Estimates
According to the public record, Apartment 18, 2, Lower Ormond Street, Manchester is a modern leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 18, 2, Lower Ormond Street, Manchester is £164,565 and the estimated rental value is £1,125 per month.
The apartment is within 2, Lower Ormond Street, Manchester, M1.
Lower Ormond Street, Manchester, M1 is located in the borough of Manchester within the M1 postal district.
Our Data Sources
Apartment 18, 2, Lower Ormond Street, Manchester has a single entry in the Land Registry from September 2008 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Apartment 18, 2, Lower Ormond Street, Manchester is in very good condition we estimate a sale value of £172,793 and a rental value of £1,181 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,045 and a rental value of £1,046 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 18, 2, Lower Ormond Street, Manchester has fallen by £4,252 (2.6%), while its estimated rental value has moved up by £27 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 8.2%.
Energy Efficiency
Apartment 18, 2, Lower Ormond Street, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Sep 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Apartment 18, 2, Lower Ormond Street, Manchester was last sold on 24th September 2008 for £134,980 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2008, the market for similar properties has risen by 31.1%.
- Sold Sep 2008£134,980
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 18, 2, Lower Ormond Street, Manchester within a radius of 100 metres over the last 2 years.
The most recent example is Apartment 8, Lincoln Place 7, Hulme Street, Manchester, M1 5GL, a leasehold flat which sold for £165,000 on the 12th September 2024.
Read more about house prices in M1.
- Sold Sep 2024£165,000 | 2 Bed FlatLincoln Place 7, Hulme StreetApartment 8, Lincoln Place 7, Hulme Street, Manchester, M1 5GL
- Sold Jul 2024£1,000,000 | 1 Bed FlatChester Street8, Chester Street, Manchester, M1 5GE
- Sold Jun 2022£130,000 | 1 Bed FlatLincoln Place 7, Hulme StreetApartment 14, Lincoln Place 7, Hulme Street, Manchester, M1 5GL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lower Ormond Street, Manchester, M1 has a total of 268 addresses. According to our analysis of all the public data, Apartment 18, 2, Lower Ormond Street, Manchester is the 264th largest and the 255th most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in M1.
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
The closest station to Apartment 18, 2, Lower Ormond Street, Manchester is Manchester Oxford Road station, which is 200 metres away.
- 200mManchester Oxford Road
- 600mDeansgate
- 1.0kmManchester Piccadilly
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
