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L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

House Price Index

​​​​How is the Jersey House Price Index calculated?

The average cost of dwellings in Jersey is measured by the Jersey House Price Index. This index measures the combined weighted average price of one and two-bedroom flats and two, three and four-bedroom houses.

The principal data sources on the transaction prices of property sales used in the Jersey House Price Index are:

  • the Jersey Property Bulletin for freehold and flying freehold properties
  • the States of Jersey Taxes Office for share transfer transactions

The above data are supplemented by information on the type and size of each property provided by the States of Jersey Population Office.

Latest report and data

The latest House Price Index has been released by the States Statistics Unit:

  • on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during Q1 2015 was 2% higher than in the previous quarter (Q4 2014)
  • on a quarterly basis
    • the seasonally adjusted mix-adjusted average price in Q1 2015 was 1% lower than in the previous quarter (Q4 2014)
    • flats (1- and 2-bedroom) recorded lower mean prices than in the previous quarter; while 1-, 2- and 3-bedroom houses had essentially unchanged mean prices
  • the turnover of properties in Q1 2015 was slightly lower than in the previous quarter (Q4 2014), but was essentially unchanged compared to Q1 2014
  • s​hare transfer transactions accounted for slightly more than two thirds (69%) of all eligible flat sales in Q1 2015, an increased proportion to that recorded in calendar year 2014. This figure was largely driven by the increased sale of 1- bedroom flats

House Price Index report for quarter 1 2015

Download averag​e house price index numbers (size 39kb)

Download average price​​s by type of dwelling (​size 18kb)

​Private Sector Rental Index

The Jersey Private Sector Rental Index was published from 2007 until 2012 using rental consent data from the States of Jersey Population Office. The index was derived from the mean rent of properties for which rental consents were granted by the Population Office during each quarter, not from all private sector rents in the Island.

The Private Sector Rental Index has not been produced since December 2012 due to the rental data no longer being collected. Alternative data sources and methodologies are currently being investigated.

Download Jersey private sector rental index 2007 to 2012 (size 24kb)

When is the next report due for release?​​​

The Jersey H​ouse Price Index for quarter 2 2015 will be released on 20 August 2015​.

Previous reports

House Price Index report for quarter 1 2014
House Price Index report for quarter 4 2013
House Price Index report for quarter 3 2013
House Price Index report for quarter 2 2013
House Price Index report for quarter 1 2013
House Price Index report for quarter 4 2012
House Price Index report for quarter 3 2012
House Price Index report for quarter 2 2012
House Price Index report for quarter 1 2012
House Price Index report for quarter 4 2011
House Price Index report for quarter 3 2011
House Price Index report for quarter 2 2011
House Price Index report for quarter 1 2011
House Price Index report for quarter 4 2010
House Price Index report for quarter 3 2010
House Price Index report for quarter 2 2010
House Price Index report for quarter 1 2010
House Price Index report for quarter 4 2009
House Price Index report for quarter 3 2009
House Price Index report for quarter 2 2009
House Price Index report for quarter 1 2009
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