Thorsten House, Rees Drive - WV5 9DW
Key Building Insights
Thorsten House, Rees Drive is a residential building situated on Rees Drive, Wombourne, Wolverhampton, WV5 with 9 addresses.
It ranks as the 98th largest and 51st most expensive of the 107 buildings in the WV5 area. The most common property type is a modern flat built after 1980.
The building contains a total of 9 properties: 9 flats.
- Ave. Sale Price
- £205,305
- 10 Year change
- up 30.5%
- Ave. Rental Price
- £792pcm
- 10 Year change
- up 43.1%
- Ave. £ per ft²
- £263/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Building Insights
Thorsten House, Rees Drive is a residential building situated on Rees Drive, Wombourne, Wolverhampton, WV5 with 9 addresses.
It ranks as the 98th largest and 51st most expensive of the 107 buildings in the WV5 area. The most common property type is a modern flat built after 1980.
The building contains a total of 9 properties: 9 flats.
- Ave. Sale Price
- £205,305
- 10 Year change
- up 30.5%
- Ave. Rental Price
- £792pcm
- 10 Year change
- up 43.1%
- Ave. £ per ft²
- £263/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertieson Rees Drive, Wombourne, Wolverhampton, WV5
- 1 Thorsten House Rees Drive
2 Bed Flat
- 2 Thorsten House Rees Drive
Modern Flat
- 3 Thorsten House Rees Drive
Modern Flat
- 4 Thorsten House Rees Drive
Modern Flat
- 5 Thorsten House Rees Drive
Modern Flat
Sales Market Trends
The last sale in Thorsten House, Rees Drive sold for £220,000 on 4th November 2022. Since then prices are down an average of 0.7%.
The current average value in the building is £205,305.
The Thorsten House, Rees Drive Sales Market has increased by 30.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £205,305 |
| June 2025 | 1.6% | £205,270 |
| June 2024 | -1.1% | £201,990 |
| June 2023 | 2% | £204,172 |
| June 2022 | 8.9% | £200,121 |
| June 2021 | 3.5% | £183,774 |
| June 2020 | 3% | £177,641 |
| June 2019 | 3.3% | £172,406 |
| June 2018 | 2.1% | £166,908 |
| June 2017 | 3.9% | £163,515 |
| June 2016 | 6.2% | £157,357 |
| June 2015 | -5.5% | £148,136 |
| June 2014 | 9% | £156,716 |
| June 2013 | 0.7% | £143,758 |
| June 2012 | -4% | £142,692 |
| June 2011 | -2.2% | £148,671 |
| June 2010 | 3.6% | £152,083 |
| June 2009 | -5% | £146,745 |
| June 2008 | -6.4% | £154,439 |
| June 2007 | 0% | £164,941 |
Rental Market Trends
The current average rental value in the building is £792.
The Thorsten House, Rees Drive Rental Market has increased by 43.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £792pcm |
| June 2025 | 6.1% | £778pcm |
| June 2024 | 8.4% | £733pcm |
| June 2023 | 5.1% | £676pcm |
| June 2022 | 5.9% | £643pcm |
| June 2021 | 4.8% | £607pcm |
| June 2020 | 3.2% | £580pcm |
| June 2019 | 1.3% | £562pcm |
| June 2018 | -0.8% | £555pcm |
| June 2017 | 1% | £559pcm |
| June 2016 | 1.4% | £554pcm |
| June 2015 | 1.4% | £546pcm |
| June 2014 | 2% | £538pcm |
| June 2013 | -1.6% | £528pcm |
| June 2012 | -0.1% | £536pcm |
| June 2011 | 1.7% | £537pcm |
| June 2010 | 2.7% | £528pcm |
| June 2009 | -8.1% | £514pcm |
| June 2008 | 1.8% | £559pcm |
| June 2007 | 0% | £549pcm |
Sales History
The last sale was on 4th November 2022 for £220,000 and since then the market in the area has decreased by 0.7%. The building has had a total of 4 sales since 1995.
Thorsten House, Rees Drive, Wombourne, Wolverhampton, WV5 9DW has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2022£220,000 | 2 Bed Flat1 Thorsten House, Rees Drive, Wolverhampton, WV5 9DW1 Thorsten House, Rees Drive, Wolverhampton, WV5 9DW
- Sold Oct 2022£230,000 | 2 Bed Flat8 Thorsten House, Rees Drive, Wolverhampton, WV5 9DW8 Thorsten House, Rees Drive, Wolverhampton, WV5 9DW
- Sold Jun 2022£240,000 | 2 Bed Flat7 Thorsten House, Rees Drive, Wolverhampton, WV5 9DW7 Thorsten House, Rees Drive, Wolverhampton, WV5 9DW
- Sold Jun 2021£285,000 | 2 Bed Flat1 Thorsten House, Rees Drive, Wolverhampton, WV5 9DW1 Thorsten House, Rees Drive, Wolverhampton, WV5 9DW
Property Types
- 3 modern flats built after 1980
- 1 flat of an unknown age
- 5 other addresses of unknown type
- modern flat (3)
- flat (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Nov 2022£1,400,000 | 4 Bed House1, Rees Drive, Wolverhampton, WV5 9DR1, Rees Drive, Wolverhampton, WV5 9DR
- Sold Apr 2022£565,000 | 4 Bed House6, Rees Drive, Wolverhampton, WV5 9DR6, Rees Drive, Wolverhampton, WV5 9DR
- Sold Jan 2022£550,000 | 4 Bed House5, Rees Drive, Wolverhampton, WV5 9DR5, Rees Drive, Wolverhampton, WV5 9DR
Schools Nearby
- St Benedict Biscop CofE Primary School200 m away
- Westfield Primary School800 m away
- Blakeley Heath Primary School1.2 km away
- Wombourne High School1.0 km away
- Highfields School3.3 km away
- Ellowes Hall Sports College3.7 km away
More reading links
Public Transport Nearby
The closest station to Thorsten House, Rees Drive, Wombourne, Wolverhampton, WV5 9DW is Coseley station, which is 6.5 kilometres away.
- Coseley|6.5 km away
- Wolverhampton|7.1 km away
- Tipton|7.9 km away
- Dudley Port|9.0 km away
