Guernsey property prices increase 3.6% over the past year

Wednesday, 11 November 2026 at 07:10

By Euan Mahy

The average purchase price on the Local Market is now £613,000.

The headline £613,000 figure has gone up 0.8% over the three months to September 2026 and 3.6% across the year.

Over five years it is up 10%.

There were just under 200 transactions during the summer, which is lower than the previous quarter and those of one and five years ago.

The combined average selling price on the Open Market is £1.5M.

James Starkey is the head of residential sales at Guernsey estate agent Savills:

“Where values have aligned with buyers’ expectations there has been robust activity and more deals are now being achieved closer to the guide price compared to last year and the year before."

“Demand has been particularly strong in the Open Market, with activity largely driven by buyers influenced by the UK’s Autumn Budget and those preparing for the end of the tax year.

106 homes were added to the property register for the year ended September which is well below the States target of 300 new homes per year.

The average monthly rent in Guernsey is £2,100 which has changed little over the quarter but is a significant 33% higher than five years ago.

Emily Rowe works in residential lettings at Savills and says the market is resilient:

“Demand continues to outstrip supply for quality rental properties, which is helping to support values despite a more moderate pace of growth.

“Well-presented homes remain highly sought after and are attracting significant interest from prospective tenants – particularly among relocating professionals and families.”