Key Street Insights
Rees Drive is a residential street with 15 addresses.
It ranks as the 146th largest and 36th most expensive of the 298 streets in the WV5 area. The most common property type is a modern flat built after 1980.
The street contains a total of 15 properties: 6 houses and 9 flats.
- Ave. Sale Price
- £289,962
- 10 Year change
- up 42.4%
- Ave. Rental Price
- £1,022pcm
- 10 Year change
- up 56.1%
- Ave. £ per ft²
- £287/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Street Insights
Rees Drive is a residential street with 15 addresses.
It ranks as the 146th largest and 36th most expensive of the 298 streets in the WV5 area. The most common property type is a modern flat built after 1980.
The street contains a total of 15 properties: 6 houses and 9 flats.
- Ave. Sale Price
- £289,962
- 10 Year change
- up 42.4%
- Ave. Rental Price
- £1,022pcm
- 10 Year change
- up 56.1%
- Ave. £ per ft²
- £287/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Propertieson Rees Drive, Wombourne, Wolverhampton, WV5
- Thorsten House
Modern Building | 9 Units
- 1 Rees Drive
4 Bed Modern House
- 2 Rees Drive
House
- 3 Rees Drive
3 Bed Modern House
- 4 Rees Drive
4 Bed Modern House
Sales Market Trends
The last sale on Rees Drive sold for £1,400,000 on 9th November 2022. Since then prices are down an average of 0.3%.
The current average value in the street is £289,962.
The Rees Drive Sales Market has increased by 42.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £289,962 |
| June 2025 | 2.1% | £287,107 |
| June 2024 | -2% | £281,107 |
| June 2023 | 3.4% | £286,714 |
| June 2022 | 10.1% | £277,252 |
| June 2021 | 5% | £251,761 |
| June 2020 | 2.8% | £239,664 |
| June 2019 | 4.5% | £233,189 |
| June 2018 | 3.4% | £223,221 |
| June 2017 | 6% | £215,898 |
| June 2016 | 7.3% | £203,666 |
| June 2015 | -4.9% | £189,731 |
| June 2014 | 9.8% | £199,441 |
| June 2013 | 1.1% | £181,611 |
| June 2012 | -3% | £179,622 |
| June 2011 | -1.1% | £185,247 |
| June 2010 | 4.8% | £187,381 |
| June 2009 | -3.2% | £178,809 |
| June 2008 | -5.1% | £184,647 |
| June 2007 | 0% | £194,502 |
Rental Market Trends
The current average rental value in the street is £1,022.
The Rees Drive Rental Market has increased by 56.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,022pcm |
| June 2025 | 6.6% | £994pcm |
| June 2024 | 7.4% | £932pcm |
| June 2023 | 6.5% | £868pcm |
| June 2022 | 7.1% | £815pcm |
| June 2021 | 6.4% | £760pcm |
| June 2020 | 2.9% | £715pcm |
| June 2019 | 2.5% | £695pcm |
| June 2018 | 0.5% | £678pcm |
| June 2017 | 3% | £674pcm |
| June 2016 | 2.5% | £655pcm |
| June 2015 | 2% | £639pcm |
| June 2014 | 2.8% | £626pcm |
| June 2013 | -1.3% | £609pcm |
| June 2012 | 1% | £617pcm |
| June 2011 | 2.8% | £611pcm |
| June 2010 | 3.9% | £594pcm |
| June 2009 | -6.4% | £572pcm |
| June 2008 | 3.2% | £611pcm |
| June 2007 | 0% | £592pcm |
Sales History
The last sale was on 9th November 2022 for £1,400,000 and since then the market in the area has decreased by 0.3%. The street has had a total of 13 sales since 1995.
Rees Drive, Wombourne, Wolverhampton, WV5 has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2022£1,400,000 | 4 Bed House1, Rees Drive, Wolverhampton, WV5 9DR1, Rees Drive, Wolverhampton, WV5 9DR
- 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 Apr 2022£565,000 | 4 Bed House6, Rees Drive, Wolverhampton, WV5 9DR6, Rees Drive, Wolverhampton, WV5 9DR
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
Nearby Streets
Rees Drive, Wombourne, Wolverhampton, WV5 is the 146th largest and the 36th most expensive street in the WV5 area.
- Manor Gardens, Wombourne, Wolverhampton, WV524 Addresses|66 m away
- High Street, Wombourne, Wolverhampton, WV558 Addresses|98 m away
- Moises Hall Road, Wombourne, Wolverhampton, WV539 Addresses|103 m away
- Waverley Gardens, Wombourne, Wolverhampton, WV512 Addresses|124 m away
- Old Vicarage Close, Wombourne, Wolverhampton, WV56 Addresses|124 m away
- The Fold, Wombourne, Wolverhampton, WV53 Addresses|147 m away
Sections of this street
There are 2 postcodes on Rees Drive, Wombourne, Wolverhampton, WV5.
- House prices in WV5 9DW9 Addresses
- House prices in WV5 9DR6 Addresses
Property Types
- 4 modern houses built after 1980
- 9 modern flats built after 1980
- 1 house of an unknown age
- 1 other address of unknown type
- modern house (4)
- modern flat (9)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (2)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (6)
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 Rees Drive, Wombourne, Wolverhampton, WV5 is Coseley station, which is 6.5 kilometres away.
- Coseley|6.5 km away
- Wolverhampton|7.1 km away
- Tipton|7.9 km away
