The average price paid for a three bedroom house in Jersey is now £605,000
That's risen by £25,000 in the first three months of this year to the highest ever average price.
Latest figures also reveal the sales of 3 bed homes is at a five year low.
The average price paid for a property in the first quarter of 2019 was 489,000. That is largely unchanged from the 2018 figure.
Taking seasonal adjustments into account, the average was 4% higher than at the end of last year and 2% up on the start of 2018.
In February the stats revealed the biggest annual house price rise in a decade, putting a mortgage for a house of any size - rather than a 1 or 2 bedroom flat - beyond the reach of a couple on average earnings.
Transactions of 3 bedroom homes fell to their lowest number since spring 2013.
Mean prices by size in Q1 2019 compared with Q4 2018:
1 bedroom flat - £255,000, up £17,000
2 bedroom flat - £413,000, up £13,000
2 bedroom house - £482,000, up £26,000 - also the highest average price ever recorded
3 bedroom house - £605,000, up £25,000
4 bedroom house - £924,000, down £4,000
Government to announce support option for carers
Drink driving can cause 'life-changing' consequences
Parked cars damaged in Victoria Avenue crash
L'Ecume II: Lewis Carr jailed for 20 months for fatal collision at sea
Guernsey's former Chief Minister admits making indecent images of children
Minister approves 42 sheltered homes at nursing home
Jersey potato farm to be the site of Channel Islands' largest roof solar array
Emergency work on Bagot Road due to suspected gas leak
Comments
Add a comment