NW9 8LR is a residential postcode situated on Reeves Avenue, London, NW9 with 8 addresses.
It ranks as the 272nd largest and 372nd most expensive of the 1,346 postcodes in the NW9 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 8 properties: 8 flats.
NW9 8LR is a residential postcode situated on Reeves Avenue, London, NW9 with 8 addresses.
It ranks as the 272nd largest and 372nd most expensive of the 1,346 postcodes in the NW9 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 8 properties: 8 flats.
Sale prices range from £308,002 for 2 bedroom leasehold flats (645 ft2) to £375,773 for 3 bedroom leasehold flats (839 ft2) .
Monthly rental prices range from £1,765 pcm for 2 bed flats to £2,144 pcm for 3 bed flats.
The gross rental yield is between 6.8% and 6.9%.
The average value per square foot is £473.
The last sale in NW9 8LR sold for £5,000 on 20th July 2023. Since then prices are down an average of 2.0%.
The current average value in the postcode is £326,523.
The NW9 8LR Sales Market has decreased by 0.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.2% | £326,523 |
| April 2025 | -1.6% | £330,523 |
| April 2024 | -0.8% | £335,950 |
| April 2023 | 0.2% | £338,814 |
| April 2022 | 3.4% | £338,171 |
| April 2021 | 0.9% | £326,959 |
| April 2020 | -0.7% | £324,117 |
| April 2019 | -2.2% | £326,379 |
| April 2018 | -0.1% | £333,761 |
| April 2017 | 1.3% | £333,930 |
| April 2016 | 11.7% | £329,503 |
| April 2015 | 14.4% | £295,053 |
| April 2014 | 12.1% | £257,804 |
| April 2013 | 3.8% | £229,894 |
| April 2012 | 1.4% | £221,443 |
| April 2011 | 0.9% | £218,345 |
| April 2010 | 4.6% | £216,444 |
| April 2009 | -10.3% | £206,934 |
| April 2008 | 4.9% | £230,751 |
| April 2007 | 0% | £220,035 |
The current average rental value in the postcode is £1,866.
The NW9 8LR Rental Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.4% | £1,866pcm |
| April 2025 | 2.2% | £1,788pcm |
| April 2024 | 7.6% | £1,751pcm |
| April 2023 | 15.6% | £1,627pcm |
| April 2022 | 5.8% | £1,408pcm |
| April 2021 | -1.6% | £1,331pcm |
| April 2020 | -0.4% | £1,353pcm |
| April 2019 | 0.9% | £1,359pcm |
| April 2018 | -2.1% | £1,346pcm |
| April 2017 | -2.2% | £1,374pcm |
| April 2016 | 5.1% | £1,406pcm |
| April 2015 | 8.2% | £1,338pcm |
| April 2014 | 3.1% | £1,237pcm |
| April 2013 | 2.2% | £1,200pcm |
| April 2012 | 4.7% | £1,175pcm |
| April 2011 | 5.1% | £1,122pcm |
| April 2010 | 0.6% | £1,068pcm |
| April 2009 | -3.4% | £1,061pcm |
| April 2008 | 8.5% | £1,098pcm |
| April 2007 | 0% | £1,012pcm |
The last sale was on 20th July 2023 for £5,000 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 14 sales since 1995.
NW9 8LR has seen 1 sale in the last three years and no sales in the last twelve months.
NW9 8LR is the 272nd largest and the 372nd most expensive postcode out of the 1,346 postcodes in the NW9 area.
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The closest station to NW9 8LR is Kingsbury station which is 1.6 kilometres away.
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