House prices in Jersey fell by 5% in the year to end of March.
One bedroom flats sold for an average £310,000, and two bedroom flats for an averaged £506,000 in the first quarter of this year
In contrast, mean values of four and two bedroom homes were down 15%. There was little change for three bedroom houses.
Statistics Jersey, which compiles the House Price Index every three months, says the turnover of 2-bed houses was lower in Q1 2026, so the average is 'more sensitive to values at either end of the distribution'.
It also explains that there was a change in the composition of the 4 bed houses that changed hands at the beginning of this year, with a higher proportion sold for less than £750,000 which has pushed down the average price.
The House Price Index is 18% below its 2022 peak
The number of properties changing hands so far this year is down 10% on the last three months of 2025.
The full report is available here
Mean prices by size in Q1 2026 compared with the previous quarter:
- 1 bedroom flat - £310,000, up £11,000
- 2 bedroom flat - £506,000, up £10,000
- 2 bedroom house - £471,000, down £81,000
- 3 bedroom house - £736,000, up £4,000
- 4 bedroom house - £1,010,000, down £176,000
Ombudsman issues advice about mis-sold car loans
'Music Muratti' for young musicians in the Channel Islands
Jersey celebrates 81 years of Liberation
Victoria College twins with secondary school in Bad Wurzach
Jet2 increases capacity to Jersey by 140% for summer 2027
10-day Liberation International Music Festival gets underway
Flower mural in St Brelade's dubbed 'graffiti' and covered up
Future politicians called to action over visitor economy at 'tipping point'
Comments
Add a comment