Housing Market Analysis for REES DRIVE, WV5 9DR

Are you looking to understand WV5 9DR house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this South Staffordshire postcode.

For the location information and nearby amenities in the WV5 9DR area, explore the WV5 9DR Area information page.
For comprehensive crime statistics in the WV5 9DR area, explore the WV5 9DR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV5 9DR postcode area, The average prices are as follows,

  • Detached
    • The average price is around £436,875 median price is £456,250 Standard Deviation is £131,022 with Total Sold: 4
    • The Last 5 Year average price is £436,875 with Total Sold: 4
    • The most recent sale happened at this postcode is 6 REES DRIVE: £565,000 (Sold on 29 Apr 2022)
    • The first recorded sale happened at this postcode is 1 REES DRIVE: £270,000 (Sold on 17 Jan 2020)
  • Flat
    • The average price is around £220,000 median price is £220,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £220,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1, THORSTEN HOUSE REES DRIVE: £220,000 (Sold on 04 Nov 2022)
    • The first recorded sale happened at this postcode is 1, THORSTEN HOUSE REES DRIVE: £220,000 (Sold on 04 Nov 2022)
  • Semi-Detached
    • The average price is around £123,975 median price is £123,975 Standard Deviation is £61,025 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 REES DRIVE: £185,000 (Sold on 18 Jun 2014)
    • The first recorded sale happened at this postcode is 2 REES DRIVE: £62,950 (Sold on 04 Jun 1999)
  • Other
    • The average price is around £1,400,000 median price is £1,400,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £1,400,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1, THORSTEN HOUSE REES DRIVE: £1,400,000 (Sold on 09 Nov 2022)
    • The first recorded sale happened at this postcode is 1, THORSTEN HOUSE REES DRIVE: £1,400,000 (Sold on 09 Nov 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average WV5 9DR house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£565,0002
2021£347,500 £2,872 1
2020£270,000 £2,231 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£220,000 £2,619 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£185,000 £2,011 1
1999£62,9501
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,400,0001

All the Sales in the REES DRIVE, WV5 9DR

See the table below for more details on the sold house prices in the WV5 9DR, South Staffordshire postcode.

AddressSold DatePrice% Change
6 REES DRIVEDetached, Freehold29 Apr 2022£565,0000.0
29 Apr 2022£565,000First Sale
1, THORSTEN HOUSE REES DRIVEFlat, LeaseholdArea: 84 Sq.mtr04 Nov 2022£220,000-84.29%
09 Nov 2022£1,400,000First Sale
1 REES DRIVEDetached, FreeholdArea: 121 Sq.mtrAge: 1967-197510 Mar 2021£347,50028.70%
17 Jan 2020£270,000First Sale
3 REES DRIVESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1967-197518 Jun 2014£185,000First Sale
2 REES DRIVESemi-Detached, Freehold04 Jun 1999£62,950First Sale

Check out the sold house prices near the WV5 9DR postcode. Properties currently for saleProperties currently for rent

REES DRIVE, WV5 9DR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV5 9DR postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the WV5 9DR postcode.

  • Semi-Detached
    • The average price is around £158,108 median price is £150,000 Standard Deviation is £79,422 with Total Sold: 340
    • The Last 5 Year average price is £256,607 with Total Sold: 70
    • The most recent sale happened at this postcode is , 23 REDCLIFFE DRIVE: £372,000 (Sold on 10 Sep 2024)
    • The first recorded sale happened at this postcode is , 60 BILLY BUNS LANE: £59,995 (Sold on 05 May 1995)
  • Detached
    • The average price is around £259,922 median price is £247,000 Standard Deviation is £120,775 with Total Sold: 275
    • The Last 5 Year average price is £403,299 with Total Sold: 44
    • The most recent sale happened at this postcode is , 5 COPPER BEECH DRIVE: £500,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 38 REDCLIFFE DRIVE: £69,000 (Sold on 03 Mar 1995)
  • Flat
    • The average price is around £151,267 median price is £150,000 Standard Deviation is £100,837 with Total Sold: 201
    • The Last 5 Year average price is £170,157 with Total Sold: 50
    • The most recent sale happened at this postcode is , 38 WOMBROOK COURT: £138,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 8 MANOR GARDENS: £39,200 (Sold on 22 Feb 1995)
  • Other
    • The average price is around £349,716 median price is £227,750 Standard Deviation is £341,254 with Total Sold: 20
    • The Last 5 Year average price is £436,536 with Total Sold: 13
    • The most recent sale happened at this postcode is , 4 MAYPOLE STREET: £240,500 (Sold on 21 May 2024)
    • The first recorded sale happened at this postcode is UNIT 1, WALKERS WAY HIGH STREET: £84,000 (Sold on 21 Aug 2015)
  • Terraced
    • The average price is around £157,188 median price is £150,750 Standard Deviation is £83,477 with Total Sold: 136
    • The Last 5 Year average price is £216,028 with Total Sold: 29
    • The most recent sale happened at this postcode is , 34 HAZEL GROVE: £207,500 (Sold on 25 Mar 2024)
    • The first recorded sale happened at this postcode is , 14 ROOKERY ROAD: £48,000 (Sold on 17 Mar 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£329,182 £3,136 11
2023£280,071 £3,199 7
2022£278,036 £3,271 11
2021£237,733 £2,846 15
2020£236,544 £3,642 9
2019£213,394 £2,191 17
2018£188,200 £2,234 12
2017£194,205 £2,100 10
2016£205,173 £2,154 11
2015£172,772 £1,792 9
2014£169,783 £2,250 12
2013£160,433 £2,111 15
2012£148,117 £1,805 12
2011£175,831 £2,125 9
2010£148,950 £2,114 10
2009£163,955 £1,840 11
2008£192,738 £1,977 4
2007£172,750 £1,902 15
2006£160,989 £1,866 9
2005£174,300 £1,966 8
2004£129,125 £1,413 12
2003£120,325 £1,473 14
2002£115,042 £1,148 19
2001£85,136 £1,215 7
2000£77,554 £756 14
1999£66,641 £719 11
1998£63,338 £662 12
1997£56,487 £610 16
1996£55,164 £782 7
1995£54,081 £723 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£433,242 £3,942 6
2023£386,250 £3,216 2
2022£431,667 £4,356 6
2021£484,250 £3,348 10
2020£351,062 £2,780 12
2019£340,994 £3,218 8
2018£275,855 £3,043 11
2017£332,171 £2,786 17
2016£273,500 £2,472 10
2015£310,692 £2,498 13
2014£280,300 £2,466 5
2013£204,356 £2,402 7
2012£279,938 £2,323 8
2011£256,041 £2,491 11
2010£353,000 £2,216 4
2009£288,417 £2,586 6
2008£300,280 £2,104 5
2007£280,492 £2,278 13
2006£286,937 £2,482 16
2005£269,250 £2,378 4
2004£270,145 £2,581 10
2003£236,661 £1,953 9
2002£183,175 £1,521 14
2001£154,333 £1,441 6
2000£160,808 £1,376 13
1999£133,276 £1,020 13
1998£133,490 £1,009 5
1997£112,454 £968 13
1996£100,494 £877 8
1995£135,374 £1,043 10
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£148,158 £3,500 6
2023£173,875 £3,418 8
2022£184,695 £3,067 10
2021£162,150 £2,915 10
2020£178,200 £3,005 10
2019£162,908 £2,626 6
2018£285,409 £5,931 8
2017£145,312 £2,165 8
2016£129,500 £2,306 15
2015£122,695 £2,402 10
2014£162,250 £2,608 5
2013£119,564 £2,413 7
2012£118,500 £1,959 4
2011£130,336 £2,389 9
2010£158,086 £2,587 9
2009£159,578 £3,124 18
2008£191,002 £3,366 25
2007£185,650 £2,811 8
2005£106,975 £1,747 2
2003£81,250 £1,501 3
2002£50,833 £832 3
2000£57,333 £994 3
1999£43,667 £766 3
1998£55,183 £963 3
1997£40,950 £706 1
1996£46,483 £866 3
1995£42,925 £797 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£495,2502
2023£324,0003
2022£787,500 £2,612 2
2021£257,583 £4,465 3
2020£215,0001
2019£574,8602
2018£213,750 £2,493 2
2017£90,950 £2,261 3
2016£535,0001
2015£84,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£207,500 £3,051 1
2023£216,583 £4,136 9
2022£233,388 £2,780 8
2021£209,250 £2,640 2
2020£199,408 £2,336 6
2019£208,667 £2,795 3
2018£179,500 £2,799 5
2017£175,119 £2,366 8
2016£151,817 £1,780 3
2015£144,408 £2,168 6
2014£157,750 £2,479 4
2013£170,000 £1,783 2
2012£175,758 £2,783 9
2011£151,300 £2,042 5
2010£135,667 £1,812 6
2009£200,667 £3,522 3
2008£166,638 £2,387 4
2007£151,993 £2,274 7
2006£223,125 £1,556 8
2005£134,6673
2004£126,808 £1,628 6
2003£131,362 £1,459 4
2002£96,750 £1,200 2
2001£77,983 £1,143 3
2000£67,800 £787 3
1999£83,833 £793 3
1998£82,9501
1997£57,617 £706 3
1996£46,340 £582 5
1995£47,875 £667 4

House Type in WV5 9DR area

The most common house types in the WV5 9DR postcode area are Detached (75), Semi-detached (45), and Terraced (9).

Total129
Detached75
Semi-detached45
Terraced9
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright61
Owned: Owns with a mortgage or loan44
Social rented: Other social rented15
Private rented: Private landlord or letting agency4
Private rented: Other private rented3
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the WV5 9DR have 2 people in household (56), and 1 person in household (34).

2 people in household56
1 person in household34
4 people in household18
3 people in household16
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0