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
Man jailed for drugs offences in Jersey
World Cup excitement builds in Channel Islands
Skirmish between British yacht and Russian warship near Alderney
Energy overhaul at St Clement Parish Hall
Three taken to hospital following tumble dryer fire
Three banned from Jersey and Guernsey FA matches following Muratti violence
Les Mielles golf course up for sale
Youngest politician is first guest on new Channel 103 show
Comments
Add a comment